{
  "id": 4214570,
  "title": "Former White House teleprompter operator must turn over more than $100,000 in profits and pay a $65,000 fine in insider trading settlement",
  "url": "https://urgent.news/2026/08/29/former-white-house-teleprompter-operator-must-turn-over-more-than-100",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-29T14:03:34.000Z",
  "source": {
    "name": "Fortune",
    "slug": "fortune",
    "url": "https://fortune.com/2026/08/29/former-white-house-teleprompter-operator-profits-fine-insider-trading-settlement/"
  },
  "original_language": "en",
  "account": "A former White House teleprompter operator, Gabriel Perez, has been ordered to surrender over $100,000 in profits and pay a $65,000 fine as a result of a settlement with federal authorities. The agreement, announced by the Commodity Futures Trading Commission on Friday, also imposed a three-year ban on Perez from engaging in trading activities. Perez was previously on unpaid leave from his position at the White House following reports that he utilized his insider knowledge to place bets on the prediction market Kalshi. The White House has not yet commented on the settlement. In July, a White House official reported that Perez had been relieved of his duties, but did not specify whether he had been fired or resigned. The commission concluded that Perez had earned $107,500 from prediction markets by wagering on phrases that were to be included in President Donald Trump's speeches between December 2025 and February 2026. According to a press release from the commission, Perez breached his duty of trust and confidence by exploiting the information he had access to due to his position. Perez was required to repay his entire earnings alongside the $65,000 civil penalty, which was reduced due to his \"exemplary cooperation.\" Reports about the case surfaced on July 16, with White House press secretary Karoline Leavitt describing the situation as \"unfortunate\" and \"a disgrace.\" This story was originally reported by Fortune.com.",
  "summary": "The settlement with the Commodity Futures Trading Commission, announced Friday, also dealt Gabriel Perez a three-year trading ban.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "Live Mint",
        "title": "Usha Vance breaks silence on JD Vance’s potential 2028 White House bid: ‘Whatever it is…’",
        "url": "https://urgent.news/2026/08/27/usha-vance-breaks-silence-on-jd-vances-potential-2028-white-house-bid",
        "published": "2026-08-27T14:12:38.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "White House teleprompter operator settles prediction market trading probe",
        "url": "https://urgent.news/2026/08/29/white-house-teleprompter-operator-settles-prediction-market-trading",
        "published": "2026-08-29T00:49:48.000Z"
      },
      {
        "outlet": "Associated Press",
        "title": "Former White House teleprompter operator ordered to turn over profits, pay fine over insider trading",
        "url": "https://urgent.news/2026/08/29/former-white-house-teleprompter-operator-ordered-to-turn-over-profits",
        "published": "2026-08-29T01:53:02.000Z"
      },
      {
        "outlet": "CNBC",
        "title": "CFTC fines former White House aide $172,000 for trading on Trump speech information",
        "url": "https://urgent.news/2026/08/29/cftc-fines-former-white-house-aide-172-000-for-trading-on-trump-4167256",
        "published": "2026-08-29T10:23:03.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}