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Investigation Launched into Trump's Teleprompter Operator for Insider Trading

KVIA•Thursday, July 16, 2026 at 4:14 PM•CNN Newsource

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AI Summary

Gabriel Perez, President Trump's teleprompter operator, is under investigation by the Commodity Futures Trading Commission (CFTC) for potential insider trading linked to prediction markets. Reports indicate that Perez made over $90,000 in profits from trades on Kalshi, a prediction site, which have since been frozen. The White House has placed him on unpaid leave, with Trump expressing disappointment over the situation. This incident marks a significant moment as it is the first known case of a White House employee being implicated in such activities, raising concerns about ethics among government staff. The CFTC is actively investigating the matter while Perez is cooperating with the authorities.

Key Details: • Gabriel Perez made trades on Kalshi that raised suspicion of insider trading. • Profits from the trades, exceeding $90,000, have been frozen. • Perez has been placed on unpaid administrative leave. • The White House previously warned staff against insider trading in a March memo. • CFTC chair Mike Selig has committed to addressing insider trading issues.

trump white-house insider-trading prediction-markets cftc

People & Organizations

Donald TrumpWhite HouseKaroline LeavittKalshiCommodity Futures Trading CommissionMike SeligGabriel Perez

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