The company planning to buy Donald Trumps new social media business disclosed Monday that it has received subpoenas from a grand jury in New York. Shares of Digital World Acquisition Corp. dropped 7% in morning trading Monday as the company reported that the subpoenas and related investigations by the Department of Justice and the Securities and Exchange Commission could delay its acquisition of the maker of Trump's Truth Social app. Trumps social media venture launched in February as he seeks a new digital stage to rally his supporters and fight Big Tech limits on speech, a year after he was banned from Twitter, Facebook and YouTube. The Trump Media & Technology Group which operates the app and was in the process of being acquired by blank-check firm Digital World said in a statement that it will cooperate with "oversight that supports the SECs important mission of protecting retail investors. Digital World said in a regulatory filing Monday that each member of its … [Read more...] about Company buying Trump’s social media app faces subpoenas
Doj on trump
Shares Of Trump’s Truth Social SPAC Tumble After Federal Grand Jury Issues Subpoenas
Share to Twitter Share to Linkedin Topline A federal grand jury in New York issued subpoenas for members of the board of directors at Digital World Acquisition Corp. (DWAC), the special purpose acquisition company with plans to take former President Donald Trump’s social media site Truth Social public, months after the Securities and Exchange Commission began investigating the blank check company over its planned merger with Trump’s social media platform. Key Facts Shares of DWAC fell more than 9% in pre-market trading after the company disclosed in an SEC filing that a federal grand jury in the Southern District of New York issued the subpoenas. The news comes after the SEC launched a probe in December over claims the blank check company held conversations with Trump Media and Technology Group (TMTG) before going public last year. The subpoenas seek some of the same documents the SEC asked for in its investigation as well as requests … [Read more...] about Shares Of Trump’s Truth Social SPAC Tumble After Federal Grand Jury Issues Subpoenas
Leaked Document Reveals China’s Plan To Use Tariffs To Divide Trump’s Base
China’s secret strategy to use targeted tariffs as a means to divide various groups who support President Trump politically has been exposed in leaked government plans. “We stop negotiation for now, acting tit for tat, roll out corresponding policies, hold public opinion at a good level without escalating it, limit scope, and strike accurately and carefully, splitting apart different domestic groups in US,” the leaked document states. The leaked document is a propaganda notice that the Chinese government issued to the media, and was recently published online by China Digital Times . The notice is representative of China’s response in an ongoing trade war between The United States and China. America is poised to strike China with $34 billion worth of tariffs on goods in the coming days, and China has vowed to retaliate with tariffs totaling to the same amounts, The Hill reports. While there has been intense speculation on whether China was serious about its threats of … [Read more...] about Leaked Document Reveals China’s Plan To Use Tariffs To Divide Trump’s Base
Opinion: The aftershocks of America’s abortion earthquake will be felt for decades
(CNN) Following the US Supreme Court's decision to overturn Roe v. Wade, CNN Opinion asked a group of contributors to weigh in on the cultural, legal and political ramifications of this monumental legal opinion undoing nearly 50 years of federal abortion protection. The views expressed in these commentaries are those of the authors. SE Cupp: What politicians get wrong about the abortion debate I'm deeply worried for our country. Read More No matter where you stand on the issue -- I'm pro-life but do not support a ban on abortions -- this ruling represents a seismic shift in American life as most of us knew it. I'm 43, and Roe is older than I am. There are more people alive today who have never known an America without Roe than there are people who lived without it. Stripping away what many women have only known as a right for nearly 50 years, without putting anything in its place is dangerous. Criminalizing … [Read more...] about Opinion: The aftershocks of America’s abortion earthquake will be felt for decades
Congress Approves Gun Control Bill—Biden To Sign Into Law
Share to Twitter Share to Linkedin Topline The House of Representatives voted 234-193 Friday afternoon to approve a bipartisan gun control bill the Senate passed Thursday, marking the most significant gun legislation Congress has passed in decades. Key Facts The bill includes enhanced background checks for gun buyers under 21, a new federal grant program to encourage states to enact red-flag laws and the creation of a federal statute banning gun trafficking. Fourteen Republicans joined all 220 House Democrats in voting to pass the bill. Cheers erupted among Democrats after the vote closed, with several members hugging each other on the House floor. President Joe Biden has vowed to sign any “commonsense” gun control legislation into law. Key Background The Senate passed the bill Thursday night with 15 Republican senators joining all 50 Democrats in backing the legislation—more than enough to overcome the 60-vote filibuster … [Read more...] about Congress Approves Gun Control Bill—Biden To Sign Into Law
Roe Dies. America Divides – And It Ain’t All About Women
Share to Twitter Share to Linkedin “ Women are just roadkill in this fight, it’s all about men .” (Quote from the upcoming documentary Fairplay by Jennifer Siebel Newsom.) The end of Roe v Wade is the first big wave of the Conservative Supreme Court’s impact on America. It won’t be the last. The Trumped-up Court is now muscling up its macho-retro stance, and five robed judges have just robbed some 36 million American women of their right to an abortion. While it will drown women’s rights to bodily control, it also reveals the scarily undemocratic dance this divided nation is now locked in. After all, a majority of Americans support abortion. Yet what became a constitutional right a half-century ago has just been reversed - it is unlikely to be won back anytime soon. It’s a move that should worry at least as many men as women. Almost all 38 OECD countries allow abortion. American exceptionalism is going down a dark, backward slide. Women are always … [Read more...] about Roe Dies. America Divides – And It Ain’t All About Women
Jan. 6 Committee Announces Unexpected Hearing Tuesday
Share to Twitter Share to Linkedin Topline The January 6 committee on Monday announced it would hold its next public hearing on Tuesday after previously saying it would push back two hearings scheduled for this week as it gathers a flood of new evidence on the riots. Key Facts The select committee tasked with investigating the January 6 insurrection said it would hold a hearing at 1:00 p.m. on Tuesday to share “recently obtained evidence” and to receive witness testimony, though it did not list any witnesses. The news comes several days after the committee’s chairman, Rep. Bennie Thompson (D-Miss.), said the committee would delay the next round of hearings until after the House’s two-week recess, which ends on July 11. Thompson said the panel needed more time to go through new evidence uncovered in recent weeks, including footage from Alex Holder, a British documentarian who lawmakers subpoenaed after Holder gathered video footage of … [Read more...] about Jan. 6 Committee Announces Unexpected Hearing Tuesday
Five Keys to Personal Growth in the Great Pandemic Do-Over
If there's even the slightest silver lining to the pandemic , it's clearly that it has given millions of Americans permission to make radical changes in their attitudes toward their work ; in their behaviors toward their family, friends, and others; and in their philosophies going forward as to what exactly they're hoping that life will bring them. Ideally these will be changes for the better. Changes that will endure once the world returns to whatever the new normal may be. But nothing will improve if these folks just sit around and wait for things to happen to them as opposed to seizing the moment and making those things happen for them and their businesses. As Ayn Rand said: "The world you desired can be won." While no one is entitled to a perfect life, it seems that many of us now possess once-in-a-lifetime, remarkable, and previously unavailable (or at least unimagined) levels of power and agency to alter our lives -- hopefully in positive directions -- and to … [Read more...] about Five Keys to Personal Growth in the Great Pandemic Do-Over
Has Joe Biden Improved One Thing Since Taking Office? | Guest Bill O’Reilly | Save The Nation
Commentator and best selling author of “Killing The Killers” Bill O’Reilly joined “Vince and Jason Save The Nation” to discuss President Joe Biden, Fox News and more. Speaking about Biden , O’Reilly said Biden has not improved a single thing since taking office and shouldn’t run for re-election in 2024. “[Biden] should resign,” O’Reilly said. “The Biden administration is a disaster. There are no two sides to that story unless you believe that Putin is responsible for the open border and the violent crime surge and inflation and all that. If you believe that, then ok. But if you are a sane person you know the Biden administration is failing.” “Joe Biden is not going to get any better. He’s 80 in November. His policies have failed across the board, and if you don’t believe that please … send me one thing, just one, that Joe Biden has improved in this country in 18 months that he’s been in the Oval Office,” O’Reilly said. “How can the man run again for president in … [Read more...] about Has Joe Biden Improved One Thing Since Taking Office? | Guest Bill O’Reilly | Save The Nation
Elon Musk And The Super Alluring Dream For A ‘Super App’
Share to Twitter Share to Linkedin F or Elon Musk’s acquisition of Twitter to work out as he’d like, Musk must find some way to supersize the company. Its business is long-undersized compared to the platform’s presence in culture and politics. As a model, Musk has set at least some sights on the original so-called super app, WeChat, which is owned by China-based Tencent. In Musk’s first town hall meeting with Twitter employees last week, he directly mentioned WeChat, indicating that building something like it would further his broader goal of nearly quintupling Twitter’s user base to a billion people. “There’s no WeChat equivalent out of China,” he said at the meeting. “There’s a real opportunity to create that.” Much of what Musk says can seem outlandish. (At the meeting, he also discussed the possibility of alien life.) But his thinking about WeChat isn’t, though it is not especially novel. WeChat’s success has tantalized many a Silicon Valley mogul; … [Read more...] about Elon Musk And The Super Alluring Dream For A ‘Super App’