The White House has warned staff not to wager on government decisions, but his family’s involvement with these firms undermines the president’s message.
Category: Truth Social (Social Network)
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Trump Says He Dislikes Prediction Markets. His Family Invests in Them.
The New York Times – Business: -
Devin Nunes Departs Trump Media After 4 Years as C.E.O.
The New York Times – Business:The former congressman said it was an “appropriate time” for a leadership change at Truth Social’s parent company, whose share price has floundered.
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Trump Media Explores Spinning Off Truth Social
The New York Times – Business:The move would split off the money-losing social media platform as the company pursues a merger with a fusion power company.
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Leading Prediction Firms Share a Commonality: Donald Trump Jr.
Traders in companies with ties to the president’s eldest son can bet on the outcome of events the president affects.
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Truth Social Parent to Merge With Nuclear Fusion Firm in $6 Billion Deal
The deal would be a total transformation for Trump Media & Technology Group, the social media and crypto company in which President Trump holds a large stake.
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Ranchers Say Trump’s Plan to Lower Beef Prices Is ‘Misguided’
The president wants to increase the amount of Argentine beef imports, infuriating cattle country, which is finally profitable after years of struggle.
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Trump’s Aides and Officials Take Political Battles Online
President Trump’s long, avid embrace of social media has been eagerly adopted by his top aides, replacing longstanding governmental norms with online ones.
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Trump Demands That Drugmakers Lower Some of Their U.S. Prices by September
The administration has not put forward a clear legal authority to compel drugmakers to reduce their prices.
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As Truth Social Business Struggles, Trump Media Goes Big on Crypto
The pivot to crypto highlights the reality of Truth Social, one of President Trump’s highest-profile business interests: It doesn’t generate much revenue.
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What Does Trump’s New ‘Victory’ Perfume Line Smell Like?
The president announced a fragrance line called Victory 45-47. Each bottle costs almost $250.
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Trump Media Raises Money to Buy $2.5 Billion in Bitcoin
The deal is the latest move by companies partly owned by President Trump and his family members to invest in crypto currency.
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Trump Media Enters Deal With Crypto Trading Platform
The agreement will allow the president’s social media company to market investment products, including crypto, to retail investors through a series of exchange-traded funds.