White House Press Secretary Karoline Leavitt told reporters Thursday afternoon, following ABC News’ report, that Perez has been put on unpaid administrative leave. Leavitt said she spoke with President Trump about it, and he thought it was a “disgrace” and made the decision himself to put Perez on unpaid leave. Leavitt said she was unaware of any other White House staffers who have made such trades. “The White House has strict ethics guidelines that we expect all staffers and officials to follow,” said White House spokesperson Davis Ingle when contacted by ABC News.
In addition to February’s State of the Union address, sources said CFTC investigators discovered that Perez placed bets on more than a dozen Trump speeches over a three-month period, including a December primetime address, a January speech at the World Economic Forum in Davos, Switzerland, and Trump’s remarks in March during a Medal of Honor ceremony.