Trump and CFTC Chair Selig to meet crypto and prediction-market executives at White House before agency’s inaugural innovation panel

President Donald Trump and Commodity Futures Trading Commission Chair Michael Selig are expected at a White House meeting Wednesday with crypto, prediction-market and AI executives, two people familiar with the plans said.

The session is set for 2:30 p.m. ET at the Eisenhower Executive Office Building beside the West Wing. It doubles as the kickoff for the CFTC’s first Innovation Advisory Committee meeting the following day, according to The Block. Selig named the 35-member roster in February. Polymarket’s Shayne Coplan, Kalshi’s Tarek Mansour and Ripple CEO Brad Garlinghouse are on it, along with executives from Cboe, CME Group, DTCC and Nasdaq.

The practical upshot: the CEOs who will steer the agency’s advisory work on digital assets are being convened by the White House before the committee ever meets.

Politico first reported the administration planned to host crypto and prediction-market executives next Wednesday, citing three people. That account left Trump’s attendance unclear. Bloomberg later reported the president was expected to attend and that Securities and Exchange Commission Chair Paul Atkins would also be at the White House, per an SEC spokesperson. CoinDesk, citing people briefed on the planning, reported the Wednesday gathering is a prelude to the committee’s Thursday inaugural event, at which the CEOs will discuss their industries.

The invitee list, per Semafor, spans Coinbase, Andreessen Horowitz, Ripple, Chainlink, Kalshi and Paradigm, along with The Digital Chamber and Patrick Witt, executive director of the President’s Council of Advisers for Digital Assets. CoinDesk additionally named Gemini and Robinhood among the crypto firms whose leaders sit on the committee and listed CME Group, Nasdaq, Intercontinental Exchange and DTCC head Frank La Salle as traditional-finance members. Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick may also attend, one source told CoinDesk. Both were described as possibilities, not confirmed.

White House spokespeople did not immediately respond to requests for comment, CoinDesk reported.

Thursday’s committee meeting runs 1 p.m. to 4 p.m. ET in Washington and is open to the public online, per a Federal Register notice. Selig released the agenda Thursday. Three sessions cover crypto asset regulation, artificial intelligence and prediction markets. The opening session is titled “Crypto’s Regulatory Evolution: From Uncertainty to Clarity,” with a suggested topic of “the remaining challenges to a durable federal market structure.”

The prediction-market track may carry the most heat. Members will discuss “the respective roles of federal and state authorities in overseeing prediction markets” and “recent state litigation and enforcement actions,” the agenda says. Selig has argued the CFTC holds exclusive jurisdiction over event contracts and has sued several states over their efforts to restrict Kalshi and Polymarket. At bottom, that is a dispute over whether a federal agency can override state gambling and consumer-protection laws.

The state side is moving. Baltimore sued Kalshi and Polymarket Thursday over sports-related contracts. A Washington state court the same day ordered Kalshi to halt most of its offerings there. Trump in May called exclusive CFTC jurisdiction over prediction markets “critically important” in a Truth Social post. Donald Trump Jr. is a strategic advisor to both Kalshi and Polymarket and has invested in Polymarket through 1789 Capital. The tie puts the family’s financial interest directly adjacent to the policy under discussion.

Congress is stalled. The Digital Asset Market Clarity Act has sat idle. Senate Majority Leader John Thune filed cloture on the motion to proceed a week ago, setting a vote for 2:15 p.m. ET on Sept. 15, the day after the Senate returns from recess. Invoking cloture takes 60 yes votes and would not itself pass the bill. Further movement may depend on whether the president accepts tighter ethics restrictions on his personal involvement in the crypto industry, CoinDesk reported.

What remains unconfirmed: the final attendee list, whether Trump’s attendance holds, and the agenda for the White House session itself, distinct from Thursday’s published committee program.