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Senior teleprompter operator for Trump fired for using speech inside information to participate in prediction markets.

2026.07.29 10:26:10

Gabriel Perez, who has served as Donald Trump's teleprompter operator since the 2016 presidential campaign, is no longer working for the federal government. White House officials confirmed his departure on Tuesday but declined to specify whether he was fired or resigned voluntarily. Less than two weeks ago, ABC News reported that Perez was in settlement talks with the Commodity Futures Trading Commission (CFTC) over related allegations: he is accused of using inside information from advance knowledge of Trump's speeches to predict whether the president would utter specific words or phrases on Kalshi, amassing over $100,000 in total profits. White House Press Secretary Leavitt previously announced that Perez had been placed on unpaid suspension at Trump's direction, calling the allegations "deeply regrettable and frankly a disgrace." Earlier this month, reports stated Perez was under CFTC investigation for potential insider trading, with a CFTC spokesperson declining to comment on the probe's status. The incident has once again sparked concerns about insider trading risks on prediction market platforms: last month, bipartisan senators jointly urged the CFTC to investigate Polymarket for false advertising, and the Perez case has further brought the regulatory gaps in prediction markets and the problem of insiders profiting from information asymmetry to the forefront.

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