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President Trump speaks with the aide of a teleprompter at the State of the Union address in February. Photo: Kenny Holston-Pool/Getty Images

Federal regulators are investigating whether a White House teleprompter operator capitalized on his knowledge of President Trump's prepared speech text by making trades on the prediction market Kalshi, according to two sources familiar with the matter.

Why it matters: The rise of prediction markets has raised concerns about insider trading, which Kalshi and federal regulators say they're well positioned to combat.