COINDESK · 2026-11-10 20:37 UTC

Warren: What is White House doing to prevent a repeat of teleprompter's Trump bets?

Senators Elizabeth Warren and Jeff Merkley wrote to White House lawyer Will Scharf asking what is being done to prevent a repeat of the teleprompter operator's prediction market bets on what Trump would say. The former staffer faced enforcement from the CFTC, and the platform Kalshi agreed to pay more than $170,000 and accept a three-year trading ban. The senators said the White House has taken no meaningful action, with only a warning memo circulated so far.

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