Democratic senators Elizabeth Warren and Jeff Merkley asked White House Counsel Will Scharf to explain the trading activities of Gabriel Perez, a former teleprompter operator for Donald Trump. They requested information on ethics training for staff, contacts with regulators, and possible cases involving other personnel, as well as on any potential presidential clemency for Perez, although nothing indicates that such a measure is being considered. Perez reportedly bet on Kalshi’s mention contracts between December 2025 and early 2026, using advance knowledge of Trump’s speeches, and profited from 39 of 43 contracts, earning $107,539. The Commodity Futures Trading Commission settled with him on August 28, 2026, for a total of $172,539.02, including a $65,000 civil penalty, and imposed a three-year trading ban. The senators set November 23, 2026, as the deadline for the White House’s response.
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