Rep. Devin Nunes (R-CA) is logging out of Congress and logging in to Trump’s new media firm.
On Monday, information broke that Congressman Nunes was going to retire on account of a latest alternative he “couldn’t refuse.” Not lengthy after these experiences, a number of information shops confirmed the provide: CEO of Trump Media & Know-how Group (TMTG). The corporate additionally launched an announcement.
Within the social media world, Rep. Nunes is thought for his on-line beef with a Twitter parody account, @DevinCow, which he tried to (and failed) to sue. Nevertheless, Rep. Nunes’ feud with a pretend cow on Twitter is not the probably cause that Donald Trump supplied him the place.
What’s extra probably is that Trump is rewarding Rep. Nunes with the place on account of his huge expertise in overlaying for the previous president, and his potential to fundraise.
Rep. Nunes served because the chairman of the Home Intelligence Committee when Trump was within the White Home. Whereas serving in that place, Nunes was a continuing thorn within the aspect of the committee, undermining its personal investigation into Russia’s interference within the 2016 election and the Trump marketing campaign’s attainable connections to it.
And, when Nunes resigns from Congress in January, it is probably he’ll have to hit the bottom working with TMTG.
Simply days after Trump’s new media firm introduced it has raised greater than $1 billion from traders, it was revealed that the SPAC that plans to merge with Trump’s social media firm is underneath investigation by the SEC. The plan would convey TMTG to the inventory market and open it as much as these investments.
Trump introduced Trump Media & Know-how Group, his new media endeavor in mid-October, alongside the disclosing of its first challenge, an upcoming social community known as TRUTH Social.
After all, drama quickly adopted. Inside hours of the announcement, trolls had discovered an unreleased model of the web site, defacing it. The entire state of affairs additionally uncovered that Trump’s firm was violating the license of the open-source software program TRUTH Social was based mostly on.
Whereas Rep. Nunes will probably come out forward with the next wage than he makes as a member of Congress, Trump’s political opponents are most likely proud of a commerce off that sees Nunes out of his place of political energy. As well as, the realm that Nunes represents was simply redistricted, and the outcomes weren’t in his favor.
