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…
A former White House teleprompter operator, Gabriel Perez, has been ordered to surrender profits of over $100,000 and pay a $65,000 fine to federal authorities for insider trading, according to a settlement with the Commodity Futures Trading Commission. The settlement, announced on Friday, also included a three-year ban on Perez's trading activities.
Perez, who was placed on unpaid leave from his White House job after reports surfaced of his misuse of his position, allegedly made $107,500 by betting on phrases that appeared in President Donald Trump's speeches between December 2025 and February 2026. The commission found that Perez breached his duty of trust and confidence by misappropriating information in violation of his position at the White House.
The commission stated that Perez's $65,000 fine was a reduction due to his "exemplary cooperation." In July, a White House official stated that Perez was no longer in his position but did not clarify if he had been fired or resigned.
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