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Trump’s teleprompter operator under investigation for insider trading, sources say
By Marshall Cohen at WXYZ Channel 7 (ABC Detroit) - 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 Detroit
The investigation into Gabriel Perez, President Trump's longtime teleprompter operator, for potential insider trading on prediction markets, raises questions about the intersection of politics and finance in Detroit 's backyard. As the Commodity Futures Trading Commission, the federal agency regulating prediction markets, is based in Washington but has a significant impact on the financial activities of individuals and institutions in the Detroit area. The fact that Perez made over $90,000 in profits from trades on the prediction site Kalshi, which have now been frozen, highlights the need for stringent oversight and enforcement of insider trading laws in the region. This case also underscores the challenges faced by lawmakers in regulating prediction markets, as seen in the recent push to ban government officials from participating in these markets. As the investigation unfolds, Detroiters will be watching to see how this case affects the broader conversation about financial transparency and accountability in the region.
About this story
Original reporting by WXYZ Channel 7 (ABC Detroit) - News . The Detroit 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 WXYZ Channel 7 (ABC Detroit) - News . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 16, 2026 ·
Source: WXYZ Channel 7 (ABC Detroit) - 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 WXYZ Channel 7 (ABC Detroit) - News and curated for The Detroit readers.
Who reported this story? This story was reported by Marshall Cohen at WXYZ Channel 7 (ABC Detroit) - News. To learn more about how The Detroit selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The Detroit, or browse our daily briefing and topic hubs .
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