{"id":3753,"date":"2026-07-16T21:08:09","date_gmt":"2026-07-16T21:08:09","guid":{"rendered":"https:\/\/americanmovershub.com\/?p=3753"},"modified":"2026-07-16T21:08:09","modified_gmt":"2026-07-16T21:08:09","slug":"curtis-renews-insider-trading-crackdown-after-white-house-teleprompter-operator-profits-from-trump-speeches","status":"publish","type":"post","link":"https:\/\/americanmovershub.com\/?p=3753","title":{"rendered":"Curtis renews insider trading crackdown after White House teleprompter operator profits from Trump speeches"},"content":{"rendered":"<div>\n<p>Utah Sen. John Curtis is renewing his push to crack down on government officials using insider information to bet on prediction markets, especially after a White House teleprompter operator made more than $100,000 betting on President Donald Trump\u2019s speeches. <\/p>\n<p>Read more <a href=\"https:\/\/americanmovershub.com\/?p=3751\">What\u2019s Defense Secretary Pete Hegseth doing to deep-six low testosterone levels in the ranks?<\/a><\/p>\n<p>A longtime teleprompter operator for the president is reportedly in the process of settling claims that he made tens of thousands of dollars by placing bets on the prediction market Kalshi about Trump\u2019s speeches, according to ABC News. Those speeches include Trump\u2019s State of the Union address; his speech at the World Economic Forum in Davos, Switzerland, in January; and his remarks during a Medal of Honor ceremony in March.<\/p>\n<p>\u201cOur surveillance team promptly flagged and referred these trades to the CFTC, and we are cooperating and assisting regulators,\u201d Kalshi\u2019s lead lawyer, Bobby DeNault, said in a statement. <\/p>\n<p>The investigation took \u201ca few months\u201d after the trading was first flagged, DeNault said. Accounts are typically frozen if they are flagged for suspicious trades.<\/p>\n<p>The operator, Gabriel Perez, has been a technical assistant to the president working on his teleprompters since 2016. He\u2019ll make $175,000 this year in that position,  <\/p>\n<p>White House press secretary Karoline Leavitt confirmed Thursday that the official has been placed on paid administrative leave and that another operator will administer the teleprompter during Trump\u2019s high-profile address on Thursday evening.<\/p>\n<p>However, there are already several wagers listed on Kalshi such as bets on whether Trump will say the phrase \u201cradical left,\u201d \u201celection,\u201d or \u201cIran\u201d at least three times. More than $1 million has been wagered on those key phrases and others. <\/p>\n<p>The report prompted lawmakers such as Curtis to renew a push to crack down on insider trading, particularly for those who work in high-profile government positions. <\/p>\n<p>Read more <a href=\"https:\/\/americanmovershub.com\/?p=3749\">Opinion: What I hope to see in Christopher Nolan\u2019s adaptation of \u2018The Odyssey\u2019<\/a><\/p>\n<p>\u201cIf only there were a solution \u2026\u201d Curtis wrote in a social media post linking to his bill that would ban government officials from placing bets on prediction markets. <\/p>\n<p>Insider trading on prediction markets has been thrust into the spotlight after reporting earlier this year that a Polymarket trader won $400,000 in January by predicting then-Venezuelan President Nicol\u00e1s Maduro would soon be removed from office. Hours later, Trump announced the successful mission to capture Maduro.<\/p>\n<p>Curtis\u2019 bill would extend the ban to the president, vice president, members of Congress, congressional staffers in both the House and Senate, members of the presidential Cabinet, political appointees and employees of executive agencies. <\/p>\n<p>Anyone found in violation would be fined either $500 or the amount \u201cequal to double the profit made,\u201d whichever is greater. <\/p>\n<p>While there has not been movement to schedule a vote on Curtis\u2019 bill or other legislation banning online betting for government officials, the Senate approved an internal policy in May prohibiting senators and their staffers from using prediction markets. The House is considering a similar policy. <\/p>\n<p>White House officials have separately warned administration staffers from using nonpublic information to place bets on prediction markets, according to ABC News. <\/p>\n<p>Read more <a href=\"https:\/\/americanmovershub.com\/?p=3747\">What to know about Cyclospora, the tiny parasite behind massive U.S. outbreak<\/a><\/p>\n<p><i>Emily Walker contributed to this report.<\/i><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Curtis is leading a bipartisan bill to ban government officials from prediction markets using insider information. Prediction markets. Sen. John Curtis.<\/p>\n","protected":false},"author":1,"featured_media":3752,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-3753","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Curtis renews insider trading crackdown after White House teleprompter operator profits from Trump speeches - American Movers Hub<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/americanmovershub.com\/?p=3753\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Curtis renews insider trading crackdown after White House teleprompter operator profits from Trump speeches - American Movers Hub\" \/>\n<meta property=\"og:description\" content=\"Curtis is leading a bipartisan bill to ban government officials from prediction markets using insider information. 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