A novel 66 kDa GTP-binding protein, designated G,,, has been partially purified along with insulin receptor (IR) from human placenta. This protein binds I-azido-GTP, is ADP-ribosylated by pertussis toxin, phosphorylated by IR tyrosine kinase and cross-reacts with antibodies against synthetic peptides from the GTP-binding domain of G,, (P960). Phosphorylation of IR-p subunit and G,, by IR tyrosine kinase was almost completely inhibited by 100 FM GTPyS, >75% by 50 PM and 20-30% by 1 PM, while GDP at these concentrations had no significant effect on the phosphorylation. IR tyrosine kinase phosphorylated G,, at the tyrosine residues. These studies indicate regulation of IR tyrosine kinase activity by guanosine phosphates and involvement of G,, in insulin action.