A federal agency is investigating President Donald Trump’s longtime teleprompter operator, Gabriel Perez, for potential insider trading, according to sources familiar with the matter. Perez made trades on a prediction site that were flagged for possible insider activity.
Investigation Details
The Commodity Futures Trading Commission (CFTC) is investigating Perez after the prediction site, Kalshi, referred its findings to the agency. Kalshi’s head of enforcement, Robert DeNault, stated that the company’s surveillance team promptly flagged and referred the trades to the CFTC, and they are cooperating with regulators.
Perez has cooperated with the CFTC investigation, according to one of the sources. The CFTC has not confirmed or denied the investigation.
The trades in question were on ‘mention markets,’ where users can bet on which words and phrases public figures, including Trump, will say at speeches and events. Perez made over $90,000 in profits from the trades, but the profits have been frozen.
Background
Perez is Trump’s longtime teleprompter operator and has traveled and worked with him for a decade. He is one of the handful of aides the president trusts with his remarks and is often the last person to see Trump’s speeches before he delivers them.
The White House has strict ethics guidelines that employees are expected to follow. A White House spokesperson stated that the staffer in question is fully cooperating with the CFTC.
Original reporting: KTVZ (Central Oregon) — read the source article.
