Donald Trump Controls a Publicly Traded Company. Now He Will Pick Its Regulator.
Donald Trump Controls a Publicly Traded Company. Now He Will Pick Its Regulator.
There have been internal concerns that Trump Media could be misleading investors, a source said. But with its largest shareholder about to be president, experts doubt the SEC is up to the job of investigating Truth Social’s parent company.
There have been internal concerns that Trump Media could be misleading investors, a source said. But with its largest shareholder about to be president, experts doubt the SEC is up to the job of investigating Truth Social’s parent company.
The trump technique, commit more crimes than you are able to prosecute in a bureaucratic order/timeline and get away with 90% of them while it takes years unraveling the 10%. By the time it's over, you've done it again and it doesn't matter anymore.
I have to say I’m not sure how to feel about this. I want to be concerned, but other extreme miscarriages of justice significantly outshine a simple conflict of interest. I have greater concerns about our fundamentals.
On top of that, I would say that any investor willing to invest in this wants to be mislead, so unless they are investing someone else's money, why should we care?
Well it's in a couple indices that people auto invest in... so that's not great.
I don't like this, but is this on a level beyond congress being allowed to do insider trading? Yes, it should be fixed, but it's not in my top fifty concerns.