White House Suspends Teleprompter Operator Over Prediction Market Bets on Trump Speeches
An employee earned more than $100,000 on the CFTC-regulated exchange Kalshi using advance text, testing federal oversight of event contracts.
A White House teleprompter operator has been suspended without pay after earning more than $100,000 by wagering on specific words and phrases in President Donald Trump’s speeches using nonpublic drafts. The employee placed the trades on Kalshi, a prediction market regulated by the Commodity Futures Trading Commission, converting access to presidential remarks into profitable positions before the text reached the public podium [1][4].
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