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Officials probe whether White House teleprompter operator profited off Trump's words
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Then-candidate Trump speaking in front of a teleprompter during a campaign rally in Reno, Nevada in 2024.
Key facts
- In April, federal prosecutors charged a U.S. Army special forces soldier for making $400,000 on Polymarket ahead of the capture of Venezuelan leader Nicolás Maduro
- Federal regulators are in settlement talks with President Trump's longtime teleprompter operator, who is alleged to have made nearly $100,000 on the prediction market site Kalshi, according to two
- Records show that as a deputy assistant to the president, Perez was paid $175,000 a year
- Gabriel Perez, who has worked for the president since 2016, is now negotiating with the Commodity Futures Trading Commission over his alleged lucrative betting activity on the "mention markets
Summary
Federal regulators are in settlement talks with President Trump's longtime teleprompter operator, who is alleged to have made nearly $100,000 on the prediction market site Kalshi, according to two people with knowledge of the probe who were not authorized to speak publicly. He is suspected of profiting off of his access to the president's prepared remarks on a type of betting on Kalshi known as "mention markets," where people wager on words and expressions the president will or will not say during public events. Prediction markets allow people to bet on elections, global policy or even what color tie the president will wear. Gabriel Perez, who has worked for the president since 2016, is now negotiating with the Commodity Futures Trading Commission over his alleged lucrative betting activity on the "mention markets.