Trump Media CEO Nunes loses defamation lawsuit over Rachel Maddow show, and it’s hard not to feel a sense of…well, satisfaction, to be frank. The news seems to have been greeted with a collective sigh of relief, as if the universe had finally righted itself. This isn’t just about a legal loss; it’s a symbolic one. It’s a resounding “nope” to the relentless pursuit of silencing voices through lawsuits, a tactic that, frankly, has become a bit tiresome. The core of the matter? Nunes, the CEO of Trump Media, sued Rachel Maddow over a segment.
Devin Nunes is claiming Maddow knowingly lied about something regarding him.… Continue reading
President Trump’s 2024 financial disclosure, a 234-page document, reveals substantial income from diverse sources. A significant portion stems from his $57 million stake in World Liberty Financial, a cryptocurrency platform co-founded with his sons. Royalty payments from merchandise bearing his name and likeness, totaling millions, also contributed substantially to his earnings. The report further details assets including substantial holdings in Trump Media and Technology Group, alongside liabilities such as credit card debt and payments to E. Jean Carroll. This contrasts sharply with the significantly shorter disclosures filed by his predecessors.
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Trump is bleeding hundreds of millions of dollars, and it’s largely due to the escalating conflict between him and Elon Musk. The fallout from their public feud has significantly impacted Trump’s financial holdings, particularly in his media company and cryptocurrency ventures.
Trump Media & Technology Group stock experienced an eight percent drop, translating to an approximate loss of $202 million for Trump. This decline is a direct consequence of the negative publicity and uncertainty surrounding the ongoing feud, undermining investor confidence in the company’s future prospects.
Adding to his financial woes is the substantial decrease in the value of his MAGA-themed cryptocurrency.… Continue reading
Attorney General Pam Bondi sold between $1 million and $5 million in Trump Media & Technology Group shares on April 2nd, the same day President Trump announced sweeping tariffs. This occurred on “Liberation Day,” when tariffs caused market drops, followed by a 90-day pause. While there is no suggestion of wrongdoing, the timing of the sale, falling within Bondi’s 90-day window to divest from Trump Media per her ethics agreement, and subsequent stock price fluctuations warrant attention. Bondi’s actions are subject to scrutiny, alongside other aspects of her career, including her past lobbying work for Qatar.
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Attorney General Pam Bondi sold between $1 million and $5 million in Trump Media shares on April 2nd, the same day President Trump announced new tariffs that caused a market downturn. Bondi’s disclosure forms don’t specify the exact time of sale, but the transactions occurred before or after the market closed following Trump’s press conference. While the legality of the sale is unclear, it raises questions regarding potential insider trading, given Bondi’s prior work with Trump Media. The Justice Department has yet to comment.
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Recent SEC filings reveal a significant increase in institutional investment in Trump Media and Technology Group (TMTG), with some firms adding hundreds of millions of dollars to their holdings. This surge in investment, despite TMTG’s substantial losses ($400m in 2024), raises concerns about potential quid pro quo arrangements given the investors’ connections to Trump and Republican politics. Critics, including Accountable.us, suggest these investments constitute a form of tribute aimed at currying favor with the President. Examples include Charles Schwab Investment Management and Hancock Prospecting, both significantly increasing their TMTG stakes.
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On February 14, 2025, President Trump established the Energy Dominance Council and issued an executive order barring federal funding to schools with COVID-19 vaccine mandates. Trump Media & Technology Group (TMTG), operator of Truth Social, reported a net loss of $400.9 million for 2024, despite its stock nearly doubling in value following the presidential election. The company attributes the loss to merger-related legal fees and reduced advertising revenue. TMTG, which boasts significant cash reserves, plans to explore future mergers and acquisitions to diversify its holdings.
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During his Senate confirmation hearing, Kash Patel denied promoting QAnon, a claim directly contradicted by years of public support for the movement. His actions, including social media engagement, podcast appearances, and even creating a Truth Social trend, demonstrate a clear connection to and promotion of QAnon. Patel’s efforts to integrate QAnon into Trump Media & Technology Group’s messaging strategy further underscore his involvement. This contradicts his testimony and reveals a significant conflict between his public statements and actions.
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Trump Media & Technology Group awarded 25,946 shares of its stock to six board members, including FBI director nominee Kash Patel and Donald Trump Jr., at no cost. These shares, valued at over $779,400 based on Tuesday’s closing price, were granted as compensation for services rendered since the company’s March IPO and are subject to vesting restrictions. The award was disclosed hours after Patel’s Senate confirmation hearing. This action has drawn criticism amidst concerns regarding potential conflicts of interest within the Trump administration.
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I can’t help but feel a sense of vindication as I reflect on the recent news that a pro-Trump media firm abruptly folded after their Russia scheme was exposed. For years, I have been sounding the alarm, pointing out the blatant ties to Russian propaganda that seemed to permeate every aspect of their content. From the glowing praise of Putin to the constant stream of pro-Russia talking points, it was evident that there was something deeply troubling at play.
The fact that individuals like Tim Pool and Ben Johnson were receiving hefty sums of money from a foreign government to push a specific agenda is not only disturbing but also a clear betrayal of the principles of journalism and democracy.… Continue reading
Matt Underwood 
John Q. Hosedrinker