Senators Ask White House if Kalshi-Betting Aide Could Get Clemency
By Unchained
AI summary of the source article
Sens. Elizabeth Warren and Jeff Merkley asked White House Counsel Will Scharf whether President Donald Trump would grant clemency to Gabriel Perez. Perez previously settled CFTC charges over Kalshi prediction-market bets, agreeing to forfeit $107,539.02 and pay a $65,000 penalty.
Key facts
- Sens. Elizabeth Warren and Jeff Merkley sent a letter inquiring if the White House would recommend clemency for former teleprompter operator Gabriel Perez.
- Perez settled federal charges with the CFTC for trading Kalshi 'mention' contracts based on speeches while working at the White House.
- Under the settlement, Perez agreed to forfeit $107,539.02 in profits, pay a $65,000 civil penalty, and receive a three-year trading ban.
Source excerpt · Unchained
Sens. Elizabeth Warren and Jeff Merkley gave Will Scharf until Nov. 23 to answer seven questions on White House ethics after the case of Gabriel Perez, who settled federal charges over bets on the wording of Trump's speeches. The post Senators Ask White House if Kalshi-Betting Aide Could Get Clemency appeared first on Unchained .