Right-wing firebrand U.S. Rep. Marjorie Taylor Greene (R-Ga.) invested up to $50,000 in a company that will fund the creation of a new social media platform led by former President Donald Trump, according to a public disclosure. Read more:
Right-wing firebrand U.S. Rep. Marjorie Taylor Greene invested up to $50,000 in a company that will fund the creation of a new social media platform led by former President Donald Trump, according to a public disclosure that shows she purchased the stock near the height of its massive surge.Republican members of the House on Capitol Hill in Washington. Greene purchased between $15,001 and $50,000 worth of Digital World Acquisition Corp. stock Friday, according to the disclosure.
DWAC, a special purpose acquisition company, is planning to merge with a new firm called the Trump Media and Technology Group to create a social mediaAfter the announcement of the new platform last week, the share, closing at $94.20 on Friday, before sinking further this week—it was trading around $60 early Wednesday afternoon.On Thursday, DWAC was the most actively traded stock on the Fidelity platform, with"buy" orders outpacing"sell" orders by about three to one.
on his network. In a statement on Tuesday, Trump said that Truth Social won't be"labeling alternative views as 'disinformation,'" while also vowing"there will be no shadow-banning, throttling, demonetizing, or messing with algorithms for political manipulation."
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