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Trump’s teleprompter operator under investigation for insider trading, sources say
By Marshall Cohen at KXXV (ABC 25) News
· July 16, 2026
· 3 min read
The federal agency that regulates prediction markets is investigating President Donald Trumps longtime teleprompter operator for potential insider trading, according to two sources familiar with the matter.The sources said White House employee Gabriel Perez made trades on the prediction site Kals...
Key takeaway One of the sources said Perez made more than $90,000 in profits from the trades in question, but the profits have been frozen.
Why this matters in The Waco
The investigation into Gabriel Perez, President Trump's longtime teleprompter operator, for potential insider trading has significant implications for the Waco community. As a city that values transparency and accountability in government, this case raises questions about the integrity of those in power. The fact that Perez made over $90,000 in profits from trades on prediction markets, which have been flagged for possible insider activity, is particularly concerning. The Commodity Futures Trading Commission's investigation and Perez's subsequent placement on unpaid administrative leave demonstrate that there are consequences for misuse of nonpublic information. This case also highlights the need for continued vigilance in monitoring prediction markets, which have grown in popularity this year. As Waco residents, we should be watching to see how this investigation unfolds and what measures are taken to prevent similar incidents in the future, ensuring that our community's trust in government is maintained.
About this story
Original reporting by KXXV (ABC 25) News . The Waco surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KXXV (ABC 25) News . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 16, 2026 ·
Source: KXXV (ABC 25) News ·
Reading time: 3 min
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Frequently asked about this story
What is this story about? The federal agency that regulates prediction markets is investigating President Donald Trumps longtime teleprompter operator for potential insider trading, according to two sources familiar with the matter.The sources said White House employee Gabriel Perez made trades on the prediction site Kals...
When was this published? This article was first published on July 16, 2026 by KXXV (ABC 25) News and curated for The Waco readers.
Who reported this story? This story was reported by Marshall Cohen at KXXV (ABC 25) News. To learn more about how The Waco selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The Waco, or browse our daily briefing and topic hubs .
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