4mo ago

Donald Trump Controls a Publicly Traded Company. Now He Will Pick Its Regulator.

www.propublica.org

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.

politics @lemmy.world

RememberTheApollo_ @lemmy.world

4mo ago

Donald Trump Controls a Publicly Traded Company. Now He Will Pick Its Regulator.

www.propublica.org /article/donald-trump-media-truth-social-sec-securities-exchange-commission

News @lemmy.world

jeffw @lemmy.world

4mo ago

Donald Trump Controls a Publicly Traded Company. Now He Will Pick Its Regulator.

www.propublica.org /article/donald-trump-media-truth-social-sec-securities-exchange-commission

11 comments

This shit is why we should have enforced the emoluments clause on him back in 2016.
- Yeah scotus decided "meh not our problem. Plus, we love bribes" and dropped all Trump's emoluments cases in 2021
  https://www.scotusblog.com/2021/01/justices-vacate-rulings-on-trump-and-emoluments/

why would he need investors when he can just funnel all the tax dollars into the business, and no one does a goddamn thing about it?
- Two words (or maybe one hyphenated word?): Double Dip

Remember when Carter sold the peanut farm?

I keep forgetting that Truth Social is an actual company...
- I keep forgetting that Truth Social is an actual company…
  You misspelled "scam"
  
  Hey now, lots of scams are actual companies... Amway... Scientology...
- Truth social is an oxymoron

Nothing shady about that
/s