White House Staffer Fined for Insider Trading
A former White House teleprompter operator, Gabriel Perez, has been fined $172,000 by the Commodity Futures Trading Commission for exploiting 'material, nonpublic information' to place lucrative bets on Donald Trump's speeches.[807116][747070]
The incident occurred during Trump's multi-project White House reconstruction, which led to the relocation of a helipad and a close call between Marine One and a passenger jet.[611060]
Preliminary report by the National Transportation Safety Board blames 'communication issues' for the failure of the crew of Marine One to give the required three minutes' notice to air traffic controllers.[611060]
The White House teleprompter operator left his post amid accusations of using inside knowledge to make bets on an online prediction market.[807116][747070]
The Commodity Futures Trading Commission said Perez wagered on Kalshi about words president used in speeches for his personal benefit.[807116][747070]