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Trump Media & Technology Group Corp DJT

Trump Media & Technology Group Corp. (TMTG) is a social media and technology-focused company. The Company's product, Truth Social, is a social media platform where any user can create content, follow other users and engage in an open global conversation. The Company does not restrict whom a user can follow. Additionally, users can be followed by other users without requiring a reciprocal relationship, enhancing the ability of its users to reach a broad audience. Its brands consist of Truth Social, TMTG+, and TMTG News. TMTG is also engaged in operates a TV streaming platform, Truth+, across the entire Truth Social platform-iOS, Android, and the Web. The streaming service relies on TMTG's custom-built content delivery network (CDN), which operates through a newly opened data center as the Company works to bring additional data centers into operation. TMTG's streaming technology is powered through specially designed infrastructure with its own servers, routers, and software stack.


NDAQ:DJT - Post by User

Post by Nailbiter2on Nov 09, 2024 5:40pm
84 Views
Post# 36304902

What happens with this stock when he becomes president?

What happens with this stock when he becomes president?He has to sign an ethics agreement as a legal part of the transfer of power.

As president, Trump repeatedly came under fire from ethics groups for potential conflicts of interest relating to his businesses and brands. Both Trump’s and his family’s foreign business ties have also come under intense scrutiny throughout his time in office and on the campaign trail.

Trump and his transition team are already behind in accessing key transition briefings from the Biden administration, as they have failed to sign a pair of agreements to unlock critical information before taking over the federal government in 72 days. 

A source familiar with the process acknowledged that details are still being worked out with the Biden administration regarding the ethics agreement, which is required by law under the Presidential Transition Act and which applies to all members of the transition team.

Updates to that bill requiring the ethics pledge were introduced by Trump ally Sen. Ron Johnson, a Wisconsin Republican, and signed 
into law by Trump himself in March 2020.

 


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