[US Senators Send Letter to White House Demanding Investigation into Ethical Issues of Former Aide Using Non-Public Information for Betting] US Senators Elizabeth Warren and Jeff Merkley have sent a letter to White House legal counsel, demanding a response to allegations that a former aide used non-public information to bet in prediction markets and questioning the White House's handling of related ethical issues. The two senators requested an investigation into whether other employees used insider information for personal gain and whether the White House provided training on the use of non-public information.
In August, the US Commodity Futures Trading Commission ordered Gabriel Perez to pay more than $172,000 for allegedly reading prepared speeches before Trump's presentations and betting on Kalshi-related prediction markets. The White House has not yet responded to requests for comment. (Source: The Block)