Trump Media’s Massive Investment Surge Sparks Outrage Over Potential Corruption
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.
John Q. Hosedrinker