Trump Gifts Media Shares to Key Nominees, Sparking Corruption Outcry
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.
John Q. Hosedrinker