2:30 p.m. ET on Wednesday is the scheduled start for a White House meeting expected to seat President Trump, Commodity Futures Trading Commission Chair Selig, and crypto and prediction market executives at the same table. The session is structured as a kickoff for the CFTC's first Innovation Advisory Committee meeting, which follows Thursday.
The sequencing matters. A White House gathering the afternoon before the CFTC's own inaugural advisory committee session places both the president and the commission chair in the room with industry participants the day before that committee formally opens.
The CFTC's Innovation Advisory Committee is the agency's first. Two sectors arrive together on Wednesday: crypto executives and prediction market executives. Thursday's inaugural committee meeting is what they are being convened to kick off.