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The Independent UK
The Independent UK
National
Alex Woodward

Trump’s White House teleprompter operator accused of insider trading leaves job

  • Gabriel Perez, Donald Trump 's long-time teleprompter operator, is no longer working for the government following allegations of insider trading .
  • He was placed on unpaid leave after federal investigators examined claims he used advance knowledge of Trump's speeches to win over $100,000 on the prediction market Kalshi.
  • White House press secretary Karoline Leavitt confirmed Trump personally decided to place Perez on leave, describing the allegations as "deeply unfortunate and frankly a disgrace."
  • While federal prosecutors reportedly declined a criminal investigation, regulators have allegedly reached a settlement requiring Perez to return his profits and refrain from similar betting.
  • The incident has raised concerns about government employees exploiting sensitive information on prediction markets, leading to White House warnings and potential legislative measures.

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