HyperLocal Loop
Jul 16, 2026
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White House Condemns Staffer Accused of Betting on Trump Speech

The White House has condemned as ‘a disgrace’ a Trump administration teleprompter operator accused of betting on President Donald Trump’s speeches. White House press secretary Karoline Leavitt said President Donald Trump had been briefed on the matter and condemned the staffer’s alleged conduct during Thursday’s White House press briefing.

Investigation Underway

A federal investigation is underway after the staffer, identified as Gabriel Perez, allegedly made tens of thousands of dollars by betting on the contents of Trump’s speeches through the prediction market Kalshi. The case began after Kalshi’s surveillance systems flagged a series of unusual trades in March involving markets tied to words and phrases expected to appear in Trump’s public remarks.

Kalshi said the trades stood out because they did not follow typical trading patterns and also drew complaints from market makers through the platform’s whistleblower channels. After reviewing account information, the company said it identified the trader as a federal employee who worked as a White House teleprompter operator.

The White House has strict ethics guidelines that we expect all staffers and officials to follow, said White House spokesman Davis Ingle. The staffer in question is fully cooperating with the Commodity Futures Trading Commission (CFTC).


Original reporting: Fox News (HLL/CB) — read the source article.

OBBM Network Editorial Staff

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Editorial team behind OBBM Network — independent, hyper-local journalism syndicated through HyperLocalLoop and OBBM Network TV.

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