0:00
This is getting a lot of attention this morning
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A longtime member of President Trump's staff is now on unpaid leave after allegedly using inside access to the president's speeches to make more than $100,000 in bets
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Federal regulators say Gabriel Perez, who has operated President Trump's teleprompter since the 2016 campaign, placed bets on whether the president would say certain words or phrases during more than a dozen speeches
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Calci, the prediction market where the bets were placed, flagged the trades earlier this year, froze Perez's account and referred the case to federal regulators after suspecting he may have used non-public information
0:44
Investigators believe Perez made more than $100,000. And ABC News reports he is now in talks to settle the allegations
0:53
Well, the White House has extremely strict ethical guidelines with respect to issues like this
0:59
And as I just told you, this individual will no longer be here
1:03
The administrative leave is unpaid, to be very clear. That was a decision by the president, so I think that speaks for itself
1:09
According to investigators, Perez had access to draft speeches before they were delivered
1:15
and in some cases even changed his bets mid-speech when the president went off script
1:20
Federal regulators are now working toward a civil settlement that could require Perez to give up his profits
1:25
and bar him from making similar bets in the future