Former U.S. Representative George Santos has finalized a settlement agreement with federal authorities, concluding an investigation into his financial conduct. Under the terms of the agreement, Santos will pay a $35,000 penalty. The investigation was initiated following allegations that Santos utilized campaign funds to place bets on the Kalshi prediction market, a platform where users trade contracts based on the outcomes of political and economic events.

While the settlement brings a formal resolution to this specific federal inquiry, it follows a period of significant legal and political scrutiny for the former congressman. Santos, who was expelled from the House of Representatives in late 2023, has faced a variety of legal challenges related to his campaign finances and personal conduct. The agreement to pay the $35,000 fine serves as a closure to the federal government's specific probe into the Kalshi-related transactions. Neither Santos nor his legal representatives have provided extensive public commentary regarding the admission of liability or the specific mechanics of the settlement beyond the financial penalty. The resolution marks another chapter in the ongoing legal aftermath of Santos’s brief and controversial tenure in Congress.