This article details allegations of insider trading linked to fluctuating economic policies, specifically citing President Trump’s use of tariffs. The practice, described as a “poop and scoop” strategy, involves deliberately depressing stock prices before strategically buying, profiting from subsequent price increases. Concerns have been raised by Senator Adam Schiff and others regarding potential White House complicity and the use of platforms like Truth Social to facilitate this activity. Investigations are warranted to determine if any individuals profited unjustly from this alleged insider trading.
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Following a Florida golf trip coinciding with sharp stock market declines triggered by his new tariff plan, President Trump defended his policy on Truth Social. He urged Americans to remain strong and patient, dismissing concerns as stemming from “weak and stupid people.” This comes as the S&P 500 briefly entered a bear market, with the Dow experiencing its largest single-day drop since the COVID-19 pandemic. Despite the economic turmoil, Trump highlighted his golf victory.
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Following a Meet the Press interview discussing a Signal group chat controversy involving National Security Advisor Mike Waltz and journalist Jeffrey Goldberg, President Trump criticized NBC and the show on Truth Social. Trump accused the network of prioritizing a “witch hunt” over substantive issues like peace talks and military successes, further alleging that NBC employs dishonest journalists at the behest of a weak chairman. Goldberg, during the interview, refuted Waltz’s denials of their acquaintance and highlighted the risks associated with sharing sensitive military information via an unsecure app. Trump dismissed the entire matter as a politically motivated attack aimed at undermining his administration’s achievements.
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This latest development signifies a further consolidation of influence by Trump within the Kennedy Center. The move is expected to significantly impact the Center’s programming and artistic direction. Details surrounding the exact nature of this “new move” remain scarce, fueling speculation and concern among critics. However, observers anticipate a shift towards policies aligned with Trump’s priorities. The implications of this action for the future of the Kennedy Center remain to be seen.
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Readers are encouraged to submit tips to The Daily Beast. Submissions can be made through a designated online portal. The specific method for submitting tips is linked within the original article. This allows readers to contribute to the newsgathering process. Further details on submission guidelines are available via the provided link.
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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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Donald Trump amended his lawsuit against CBS, increasing his damage claim to $20 billion and adding a claim of unfair competition, alleging deceptive editing of a Kamala Harris interview cost his media company viewership and revenue. The amended complaint, filed in Texas federal court, now includes Representative Ronny Jackson as a plaintiff to address forum-shopping arguments. Trump claims CBS’s edits constituted false advertising under both state and federal law, impacting Truth Social engagement. CBS maintains that the edits were for time constraints and that the lawsuit is an attack on editorial judgment protected by the First Amendment.
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Following a national prayer service at Washington National Cathedral, President Trump condemned Bishop Mariann Budde’s remarks as “nasty” and politically motivated, criticizing her focus on marginalized groups and immigrants. He took to Truth Social to demand an apology from Budde and the Episcopal Church, alleging her speech was inappropriate and uninspiring. Trump further criticized the service’s overall quality, deeming it “boring and uninspiring.” The President’s response followed Budde’s plea for mercy and recognition of the fears and vulnerabilities of various communities, including LGBTQ+ individuals and undocumented immigrants.
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Pam Bondi, former Florida Attorney General and a Trump appointee, reportedly profited handsomely from the Truth Social merger, amassing at least $3 million according to recently released financial filings. This revelation adds another layer to the already complex narrative surrounding her career and her close ties to Donald Trump.
The substantial financial gain raises immediate questions about potential conflicts of interest, particularly considering her previous role as Attorney General and her subsequent involvement in Trump’s inner circle. Her significant financial windfall from the merger, seemingly coinciding with her association with Trump, fuels concerns about undue influence and cronyism within the highest echelons of power.… Continue reading
Trump’s Truth Social Spree as Stock Market Crashes
Readers are encouraged to submit tips to The Daily Beast. Submissions can be made through a designated online portal. The specific method for submitting tips is linked within the original article. This allows readers to contribute to the newsgathering process. Further details on submission guidelines are available via the provided link.
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