Kalshi argued in a recent court filing that the U.S. Commodity Futures Trading Commission (CFTC) may not like election bets, but only Congress, not regulators, has the power to ban them. Currently, Kalshi is locked in a legal dispute with the US CFTC. Last September, the CFTC tried to block the listing of certain event contracts in the prediction market, which allowed traders to bet on which party would control the House or Senate after the November election. The regulator argued that Kalshi's proposed contracts involved "gaming" and "activities contrary to state law" and therefore "contrary to the public interest". Kalshi then sued the Commodity Futures Trading Commission in the District of Columbia, alleging that the agency exceeded its statutory authority and violated the Administrative Procedure Act (APA) when it tried to ban the election prediction market. The U.S. Commodity Futures Trading Commission (CFTC) will respond to Kalshi's statement on December 6.