Former White House teleprompter operator ordered to turn over profits, pay fine over insider trading

WASHINGTON (AP) — A former White House teleprompter operator accused of using inside knowledge to make bets on the prediction market Kalshi has been ordered to turn over more than $100,000 in profits and pay a $65,000 penalty as part of a federal settlement. The Friday (Aug. 28, 2026) settlement with the Commodity Futures Trading Commission also imposes a three-year trading ban on Gabriel Perez. Perez was placed on unpaid leave from his job at the White House after reports emerged that he used his position to make bets on what President Donald Trump would say in speeches. The commission found that Perez made $107,500 on prediction markets with information from his position.