White House teleprompter operator probed for insider trading on Trump speeches
Bad news for anyone who thinks Washington is playing fair — a White House staffer allegedly bet on Trump's own speeches while Trump Media starts selling faster access to his posts, turning politics into a betting market.
- A White House teleprompter operator is being investigated by the CFTC after allegedly making over $100,000 betting on what Trump would say in speeches; he's now on unpaid leave.
- Trump Media is now selling faster access to Trump's social posts, so buyers can react and place bets before everyone else sees them.
- Prediction markets let people wager on which words Trump uses in a speech, and it's unclear who, if anyone, will regulate this — especially since Trump's kids sit on boards of some of these betting companies.
- Trump's approval is stuck in the 30s, with young people, minorities, and city and suburban voters souring on him, while white evangelicals stay loyal.
- Tourism to the US is down sharply, and US forces are hitting Iran for a sixth straight night, adding to the sense of chaos.
Outlook: Trump's coming national address is expected to revive 2020 election conspiracy claims, while questions about who polices these new betting markets stay unanswered.