White House teleprompter operator fined, forfeits winnings for betting on Trump’s words

AP Associated PressSouth China Morning PostFiled 2026-08-29 · 02:19 GMTOutlet · Privately owned · Hong KongRead · 1 min

Reading time

1_min

Word count

93_words

Sources cited

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Entities identified

6_entities

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Briefing Summary

AI-generated · Aug 29, 2026

NEWSAR · AI

A former White House teleprompter operator, Gabriel Perez, has reached a settlement with federal authorities, specifically the Commodity Futures Trading Commission. Announced on Friday, the settlement requires Perez to forfeit over $100,000 in profits and pay a $65,000 fine. Additionally, he has been banned from trading for three years. Perez was previously placed on unpaid leave from his White House position following reports that he allegedly used his insider knowledge of President Donald Trump's speeches to place bets on the prediction market Kalshi. The accusations centered on him betting on what Trump would say.

Confidence 0.85Sources 1Claims 5Entities 6

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Article analysis

AI-classified

Framing

Legal & Judicial

Political Strategy

Tone

Measured

AI-assessed

CalmNeutralAlarmist

Factuality

0.90 / 1.00

Factual

LowHigh

Sources cited

Limited

FewMany

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Key claims

AI-extracted · 5 claims

Perez received a three-year trading ban.

factualCommodity Futures Trading Commission

Confidence

1.00

Former White House teleprompter operator Gabriel Perez ordered to turn over over $100,000 in profits and pay $65,000 fine.

statisticCommodity Futures Trading Commission

Confidence

1.00

Perez was placed on unpaid leave from the White House after reports emerged.

factualarticle

Confidence

0.90

Perez used inside knowledge to make bets on prediction market Kalshi.

factualarticle

Confidence

0.90

Perez made bets on what President Donald Trump would say in speeches.

factualarticle

Confidence

0.80

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Full report

1 min read · 93 words

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 US$100,000 in profits and pay a US$65,000 fine as part of a settlement with federal authorities.The settlement with the Commodity Futures Trading Commission, announced on Friday, also dealt Gabriel Perez a three-year trading ban.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.

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