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☆ Trump Media stock soars nearly 19% as DJT extends longest rally since June
▼ + stars: | 2024-10-08 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

More than 45 million DJT shares were exchanged Tuesday, more than tripling its 30-day average volume. Stock Chart Icon Stock chart icon Trump Media (DJT) Stock PriceThe rally has accelerated since Saturday, when the company's majority owner, Donald Trump, held a presidential campaign rally near Butler, Pennsylvania, at the same site where he was nearly assassinated at a rally on July 13. Musk, the mega-billionaire who owns the social media site X, told the audience that Trump "must win to preserve democracy in America." But the stock price surge also comes despite news about Trump Media that might ordinarily raise concerns about a company's well-being. Neither Trump Media nor Northwall said why he quit, and the company has not announced a successor.

Persons: Pavlo Gonchar, DJT, Price, Donald Trump, Trump's, Elon Musk, Trump, Andrew Northwall, Northwall, Sandro de Moraes Organizations: Lightrocket, Getty, Trump Media, Nasdaq, GOP, Trump Media's Locations: Butler , Pennsylvania, America

Former Donald Trump on Friday falsely claimed in a social media post that he had been endorsed by longtime JPMorgan Chase CEO Jamie Dimon. A representative for Dimon said he hasn't endorsed anyone in the 2024 presidential race, and Trump quickly tried to distance himself from the claim. Trump first posted about the endorsement on his Truth Social account at around 2 p.m. Dimon spokesman Joe Evangelisti quickly pushed back on the claim, telling CNBC: “Jamie Dimon has not endorsed anyone. Trump falsely claimed to have been endorsed by singer Taylor Swift earlier this year, which the superstar said contributed to her decision to publicly endorse Vice President Kamala Harris.

Persons: Donald Trump, Jamie Dimon, Dimon, hasn't, Trump, “, JPMorgan Chase, ”, Joe Evangelisti, I'm, Taylor Swift, Kamala Harris, ’, Donald Trump’s, Swift Organizations: JPMorgan, Trump, CNBC, NBC News, CNBCTV Locations: Augusta , Georgia

☆ Jamie Dimon denies Trump's claim that JPMorgan CEO has endorsed him
▼ + stars: | 2024-10-04 | by ( Kevin Breuninger | ) www.cnbc.com time to read: 1 min

JPMorgan Chase on Friday flatly denied that its CEO, Jamie Dimon, has endorsed Donald Trump for president, minutes after the Republican nominee claimed on social media that Dimon is now backing him. "Jamie Dimon has not endorsed anyone. He has not endorsed a candidate," Dimon spokesman Joe Evangelisti told CNBC in a phone call. Trump on Truth Social had posted a screenshot falsely claiming, "New: Jamie Dimon, the CEO of JPMorgan Chase, has endorsed Trump for President." When NBC News asked Trump about the post later Friday, Trump said he didn't know about it and that it wasn't posted by him.

Persons: JPMorgan Chase, Jamie Dimon, Donald Trump, Joe Evangelisti, Trump Organizations: Republican, CNBC, Truth, JPMorgan, NBC News

☆ Melania Trump backs abortion rights: 'No room for compromise' on women's freedom
▼ + stars: | 2024-10-03 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Outgoing First Lady Melania Trump listens as her husband Outgoing US President Donald Trump addresses guests at Joint Base Andrews in Maryland on January 20, 2021. Republican former first lady Melania Trump on Thursday appeared to express strong support for abortion rights, potentially exposing a stark division with her husband, GOP presidential nominee Donald Trump, on a key election issue. "Individual freedom is a fundamental principle that I safeguard," Melania Trump said in the latest promo video for her forthcoming memoir, "Melania." The post came less than a day after The Guardian reported that Melania Trump passionately and unequivocally defends total abortion rights in her new book. Melania Trump rarely shares her personal political views.

Persons: Lady Melania Trump, Donald Trump, Melania Trump, Trump, Kamala Harris, Trump's, Harris, Sarafina Chitika, Chitika, Roe, Wade Organizations: Joint Base Andrews, Republican, Guardian, CNBC, Democratic, Trump Locations: Maryland, America

☆ Trump Media COO quits; DJT turns over more shares to SPAC investor in court fight
▼ + stars: | 2024-10-03 | by ( Kevin Breuninger | ) www.cnbc.com time to read: 1 min

A smartphone displays the logo of Donald Trump's Truth Social app on March 25, 2024. Trump Media Chief Operating Officer Andrew Northwall resigned in late September, the company revealed in a regulatory filing Thursday. Former President Donald Trump's social media company announced in the same filing that it will release nearly 800,000 shares of its stock to an early investor, in accordance with a recent order by a Delaware judge. At Thursday's closing price, those shares would be worth around $12.7 million. The company, which trades on the Nasdaq as DJT, provided no explanation for Northwall's resignation, but said it "plans to transition his duties internally."

Persons: Donald Trump's, Andrew Northwall Organizations: Trump Media, Nasdaq, U.S . Securities, Exchange Commission Locations: Delaware

A federal judge on Wednesday unsealed a redacted motion by Special Counsel Jack Smith detailing evidence against former President Donald Trump in his criminal election interference case in Washington, D.C. Judge Tanya Chutkan unsealed the filing less than five weeks before the Republican nominee Trump will face Vice President Kamala Harris, the Democratic nominee, in the 2024 presidential election. If Trump wins the election, he will have the power to order the Department of Justice to dismiss the criminal case against him. "The defendant asserts that he is immune from prosecution for his criminal scheme to overturn the 2020 presidential election because, he claims, it entailed official conduct. Four days later, Pence in another private lunch allegedly tried to urge Trump to accept the election results and run again in 2024.

Persons: Donald Trump, Jack Smith, Smith, Trump, Tanya Chutkan, Kamala Harris, Joe Biden, Mike Pence, Pence Organizations: FALK, Washington , D.C, Republican, Democratic, Trump, of Justice, TCF Center, Brooks, Biden Locations: Walker , Michigan, U.S, Washington ,, Detroit , Michigan, Florida

A combination picture shows Republican vice presidential nominee U.S. Republican vice presidential nominee JD Vance and Democratic nominee Tim Walz will debate Tuesday night in New York City, for their sole face-to-face showdown of the 2024 election. Vance, a 40-year-old who represents Ohio in the U.S. Senate, was tapped as the running mate of former President Donald Trump shortly before the Republican National Convention in July. Vice President Kamala Harris, who became the Democratic nominee after President Joe Biden quit the election in mid-July, picked the Minnesota governor Walz as her running mate in early August. CNBC reporters will be live blogging Tuesday's campaign news from New York City, Washington, San Francisco and Englewood Cliffs, N.J.

Persons: J.D, Vance, Donald Trump's, Tim Walz, JD Vance, Norah O'Donnell, Margaret Brennan, Donald Trump, Kamala Harris, Joe Biden, Walz, Trump, Harris Organizations: U.S, Minnesota, Earth Rider, Republican, Democratic, CBS, CNBC, NBC News, U.S . Senate, Republican National Convention Locations: Grand Rapids , Michigan, U.S, Superior , Wisconsin, New York City, Ohio, New York City , Washington, San Francisco, Englewood Cliffs, N.J

☆ Trump to speak, hand out supplies in Georgia as Hurricane Helene fallout gets political
▼ + stars: | 2024-09-30 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

Republican presidential nominee, former U.S. President Donald Trump pauses before speaking during a campaign rally at the Mosack Group warehouse on September 25, 2024 in Mint Hill, North Carolina. Republican presidential nominee Donald Trump is set Monday to deliver remarks and help hand out supplies in the hurricane-blasted swing state of Georgia, one day after he leveraged the devastating storm as a political attack against Democratic nominee Kamala Harris. Deaths have also been reported in Florida, South Carolina, North Carolina, Tennessee and Virginia. Ferocious rains, wind and floods have left millions of people without electricity, and entire towns — including those hundreds of miles inland, like Asheville, North Carolina — have been submerged under feet of water. On Sunday, Trump attacked Biden and Harris in politically charged terms over their response to Helene.

Persons: Donald Trump, Kamala Harris, Trump, Hurricane Helene, Harris, Joe Biden, Brian Kemp, Asheville , North Carolina —, Biden, Helene Organizations: Mosack, Republican, Democratic, Washington , D.C, Federal Emergency Management Agency, NBC Locations: Mint Hill, North Carolina, Georgia, Valdosta, Las Vegas, Washington ,, Florida, Florida , South Carolina, North Carolina , Tennessee, Virginia, Asheville , North Carolina

☆ U.S. charges three Iranian nationals in Trump campaign hack
▼ + stars: | 2024-09-27 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

United States Capitol building and an Iranian flag are seen at the photo exhibition organized by the Iranian-American community and supporters of the Iranian Resistance at the National mall in Washington D.C., United States. Federal prosecutors on Friday announced criminal charges against three Iranian nationals in connection with a recent hack of Republican presidential nominee Donald Trump's campaign and other cyberattacks. The charges come amid heightened scrutiny about how foreign actors, especially Iran, China and Russia, are trying to influence the American presidential race between Trump and Democratic nominee Kamala Harris. Officials have said that Iran is working to hurt Trump's campaign, while Russia prefers Trump, who has declined to say he wants Ukraine to win its war against invading Kremlin forces. China, meanwhile, has pushed anti-democracy influence operations but has not clearly sided with either the Republican or Democratic tickets, officials have said.

Persons: Donald Trump's, General Merrick Garland, Masoud Jalili, Seyyed Ali Aghamiri, Yasar, Kamala Harris ., Trump's, Garland, Friday's presser Organizations: Capitol, Iranian, National, Washington D.C, Islamic Revolutionary Guard Corps, Washington , D.C, U.S, Trump, Democratic, NBC News, Kremlin, Republican Locations: Iranian, Washington, United States, Washington ,, U.S, Iran, China, Russia, Ukraine

☆ Rudy Giuliani disbarred in D.C. over Trump election lies
▼ + stars: | 2024-09-26 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

Former mayor of New York City and former Trump lawyer Rudy Giuliani reacts at the Nassau Veterans Memorial Coliseum during a rally held by Republican presidential nominees and former U.S. President Donald Trump, in Uniondale, New York, U.S., September 18, 2024. Former New York City Mayor Rudy Giuliani is officially disbarred from practicing law in the nation's capital over his efforts to overturn Donald Trump's 2020 election loss based on false claims of widespread fraud, a court ruled Thursday. "Rudolph W. Giuliani is hereby disbarred from the practice of law in the District of Columbia," the judges in D.C.'s highest court wrote in a one-page order made public Thursday. Giuliani's law license had been suspended in D.C. in July 2021 as a result of his then-active disciplinary proceedings in New York. A D.C.-based bar disciplinary panel in 2023 had already recommended Giuliani be disbarred over his false election claims.

Persons: Rudy Giuliani, Donald Trump, Donald Trump's, Rudolph W, Giuliani, flagrantly, Trump Organizations: Trump, Nassau Veterans Memorial Coliseum, Republican, Former New York City, District of Columbia, Appeals Locations: New York City, Uniondale , New York, U.S, New York, District

☆ Trump ally Matt Gaetz says House Ethics panel issued subpoena for him in sex, drug probe
▼ + stars: | 2024-09-26 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +4 min

Rep. Matt Gaetz said Thursday that he has learned the House Ethics Committee will subpoena him as it investigates whether the Florida Republican engaged in sexual misconduct with a minor or illicit drug use. Gaetz, a close ally of former President Donald Trump, made the statement in an angry letter to the Ethics Committee that declared he will "no longer voluntarily participate" in the panel's probe. Gaetz said he understands that a subpoena has been "issued, but not served" — but did not say whether he would comply with the subpoena. An Ethics Committee spokesman declined to comment on the letter. Gaetz reportedly helped Trump prepare for his Sept. 10 presidential debate with Vice President Kamala Harris, the Democratic nominee.

Persons: Matt Gaetz, Donald Trump, Gaetz, Michael Guest, Susan Wild of, Kevin McCarthy, McCarthy, Trump, Kamala Harris Organizations: U.S, Capitol, Security, Florida Republican, Constitution, Republican, Trump, GOP, Democratic Locations: Florida, U.S, United States, Susan Wild of Pennsylvania, Congress

The Nasdaq Market site is seen on the day that shares of Truth Social and Trump Media & Technology Group start trading under the ticker "DJT", in New York City, U.S., March 26, 2024. United Atlantic Ventures LLC, a major shareholder in Trump Media , has sold or otherwise gotten rid of more than 7.5 million shares in the company, according to a regulatory filing on Thursday. UAV, whose managing member is Andrew Litinsky, owned 7,525,000 shares of Trump Media as of March 25, which represented 5.5% of the then-outstanding shares in the social media company, according to the 13G filing with the Securities and Exchange Commission. Former President Donald Trump owns more than 56% of Trump Media shares, which trade under the ticker DJT on the Nasdaq. UAV received more than 7.5 million shares in late March, when Trump Media went public after completing its merger with the blank-check company Digital World Acquisition Corp.

Persons: Andrew Litinsky, Donald Trump, Wes Moss, Trump, Moss Organizations: Nasdaq, Truth Social, Trump Media & Technology Group, United Atlantic Ventures, Trump Media, Securities and Exchange Commission, Twitter, Facebook Locations: New York City, U.S

☆ Trump Media stock pops 11% as DJT looks to claw back from post-lockup sell-off
▼ + stars: | 2024-09-25 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +1 min

DJT stock rose at the opening bell and popped higher around 10 a.m. Trump Media closed more than 5% higher Tuesday, snapping a six-day losing streak. Stock Chart Icon Stock chart icon Trump Media (DJT) Stock PriceTrump Media shares at Monday's close were at their lowest in the roughly six months since the company went public after merging with a blank-check firm. Some experts still see Trump Media, which currently boasts a market cap of more than $2.5 billion, as highly overvalued. Trump Media continued to slide ahead of the expiration of lockup agreements that had barred Trump and other company insiders from selling their shares.

Persons: Anna Barclay, Donald Trump, Trump, Joe Biden, Kamala Harris, Biden Organizations: Getty Images Trump Media, Trump Media, Truth, Price Trump Media, Republican, Trump Locations: Monday's

☆ Nikki Haley campaigners endorse Harris, as GOP former governor backs Trump
▼ + stars: | 2024-09-25 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Ambassador Nikki Haley announced that she would vote for former President Donald Trump during an event at the Hudson Institute on May 22, 2024 in Washington, DC. Several former state campaign committee members on Nikki Haley's failed presidential bid have endorsed Democratic nominee Kamala Harris — publicly breaking with Haley, who is backing GOP nominee Donald Trump. The same day, two former members of Haley's Michigan state leadership team also urged Republicans to support the Democratic ticket of Harris and Minnesota Gov. "That's why we proudly supported Ambassador Nikki Haley for president and were part of her Michigan Leadership Team." A spokeswoman for Haley did not immediately respond to CNBC's request for comment on her former campaigners endorsing Harris.

Persons: Nikki Haley, Donald Trump, Nikki Haley's, Kamala Harris —, Haley, Tom Evslin, Evslin, Hillary Clinton, Harris, Tim Walz, Jimmy Greene, Bill Nowling, Adam Kinzinger of, Greene, Nowling, Kamala Harris, Dawn Roberts, Roberts, Joe Biden, Biden Organizations: U.N, Hudson Institute, Democratic, Vermont Daily Chronicle, Trump, Minnesota Gov, Michigan Chronicle, Michigan Leadership, Republican, Denver, Republican Party ,, Des Moines Register, United Nations Locations: Washington ,, Haley's Vermont, Michigan, Harris, Adam Kinzinger of Illinois, Virginia, Republican Party , Michigan, Iowa, South Carolina

☆ Trump Media looks to snap sell-off amid DJT post-lockup trading frenzy
▼ + stars: | 2024-09-24 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +1 min

DJT shares climbed as much as 7% in heavy trading shortly after the opening bell. The upswing followed six straight trading days in the red, which drove Trump Media stock down more than 32%. Stock Chart Icon Stock chart icon Trump Media (DJT) Stock PriceThat dive was just the latest negative stretch in a monthslong slump for Trump Media, which went public in late March after completing a merger with a special purpose acquisition company. Since surging to an intraday peak of $79.38 per share in its Nasdaq debut, Trump Media stock has lost more than 84% of its value. On Monday, the stock fell to its lowest point since before October 2021, when news of a planned merger between Trump Media and the SPAC, Digital World Acquisition Corp., was first made public.

Persons: Donald Trump Organizations: Getty Images Trump Media, Truth, Trump Media, Nasdaq, Trump, Republican

☆ Trump Media stock scrapes new 52-week low in heavy trading after DJT lockup lifts
▼ + stars: | 2024-09-23 | by ( Kevin Breuninger | ) www.cnbc.com time to read: 1 min

Shares of Trump Media on Monday sank to their lowest price in over a year, days after majority owner Donald Trump and other company insiders got the green light to start selling their stakes in the Truth Social maker. The stock, which trades as DJT on the Nasdaq , dropped more than 6% at the market open, putting the company on track for its sixth straight day of declines. Trump Media's share price has fallen by more than 80% since the company surged in its public trading debut in late March. The stock as of Monday morning was at its lowest intraday level since July 2023.

Persons: Donald Trump, Trump Organizations: Trump Media, Nasdaq

☆ Trump Media closes at a new 52-week low, as Dow finishes week at record high
▼ + stars: | 2024-09-20 | by ( Josephine Rozzelle | Josie Rozzelle Is A Cnbc Digital Rotational Associate Covering Politics. | ) www.nbcnews.com time to read: +2 min

The closing price for DJT took extra time to pinpoint, as high trading volume resulted in delayed settling. The lockup agreement first took effect when Trump Media went public in March, following a merger with a blank-check firm called Digital World Acquisition Corp., or DWAC. Trump, whose 114,750,000 share stake in Trump Media was worth $1.5 billion at Friday’s close, said last week that he would not sell his shares when the restrictions lifted. Trump Media on Friday closed at its lowest closing level since debuting on the Nasdaq in March, closing the day at a price of $13.55 per share. ET, when the share price dropped to $13.50 — a level not seen since July 2023, when the stock was still DWAC.

Persons: “, Donald Trump, DJT, Trump, ”, Friday’s, —, Kevin Breuninger Organizations: Trump Media, U.S . Securities, Exchange Commission, Republican, Nasdaq, Trump Locations: California, Pennsylvania

☆ Trump Media hits new 52-week low after DJT lockup restrictions expire
▼ + stars: | 2024-09-20 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +1 min

Republican presidential nominee and former U.S. President Donald Trump looks on during a rally at Nassau Veterans Memorial Coliseum, in Uniondale, New York, U.S., September 18, 2024. Shares of Trump Media sank more than 7% Friday morning, hitting a new 52-week low one day after "lockup" restrictions expired, which had previously prevented its majority shareholder, former President Donald Trump, and other early investors from selling their shares. The lockup agreement first took effect when Trump Media went public in March, following a merger with a blank-check firm. The company has acknowledged in regulatory filings that the end of the lockup could spur large sales of the company's stock, which trades under the ticker "DJT." But even if insiders weren't the ones selling, the company has said that a perception by the markets that a sell-off was underway might drive down DJT's stock price.

Persons: Donald Trump, —, Kevin Breuninger Organizations: Nassau Veterans Memorial Coliseum, Trump Media, Securities and Exchange Commission Locations: Uniondale , New York, U.S

☆ Secret Service blames poor planning, 'complacency' for its failure to stop Trump assassination attempt
▼ + stars: | 2024-09-20 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

The U.S. Secret Service said Friday it was to blame for the near-assassination of former President Donald Trump at a July campaign rally, pointing to "complacency" by some of its agents and communication gaps with local police. "As I've said, this was a failure on the part of the United States Secret Service," said Ronald Rowe, the agency's acting director, at a press conference. The Secret Service was chiefly responsible for crafting the security plan at the presidential campaign rally near Butler, Pennsylvania, where assassin Thomas Crooks was able to open fire at Trump before being shot dead. Line-of-sight issues at the Republican nominee's rally site were known about but not effectively addressed in advance, Rowe went on. Rowe took over the Secret Service after former Director Kimberly Cheatle resigned from the agency on July 23, just 10 days after the assassination attempt.

Persons: Donald Trump, I've, Ronald Rowe, Thomas Crooks, Rowe, Trump, Corey Comperatore, Kimberly Cheatle Organizations: Service, Secret Service, United States Secret Service, Trump, Republican Locations: Butler , Pennsylvania, U.S

☆ Trump Media shares slide with DJT sale restrictions set to lift
▼ + stars: | 2024-09-19 | by ( Kevin Breuninger | ) www.nbcnews.com time to read: +1 min

Shares of Trump Media fell at the opening bell Thursday, with just hours to go until former President Donald Trump is expected to be able to start selling his nearly $2 billion stake. The company, which owns social media platform Truth Social and trades as DJT on the Nasdaq, was down 5% at the market open. Trump Media has acknowledged in regulatory filings that the end of the lockup could spur large sales of the company’s stock, and even the market’s perception of a sell-off could drive down DJT’s stock price. The company’s fortunes are tied up with those of Trump, whose use of Truth Social makes him a main draw to the platform. After soaring in its public trading debut, Trump Media has suffered a monthlong stock slump that has coincided with Trump’s tumultuous presidential campaign against Democratic nominee Kamala Harris.

Persons: Donald Trump, Trump, Kamala Harris Organizations: Trump Media, Nasdaq, Trump, Republican, Democratic

☆ Trump Media hits new post-merger low as DJT sale restrictions set to lift
▼ + stars: | 2024-09-19 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

Former U.S. President and current Republican Presidential nominee Donald Trump speaks about the economy, inflation, and manufacturing during a campaign event at Alro Steel on August 29, 2024 in Potterville, Michigan. Trump, the Republican presidential nominee, owns nearly 57% of DJT's outstanding shares. Shares of Trump Media fell to a new post-merger low Thursday, the day that former President Donald Trump is expected to be able to start selling his nearly $2 billion stake in the owner of social media platform Truth Social . The company's fortunes are tied up with those of Trump, whose use of Truth Social makes him a main draw to the platform. Its revenue depends entirely on ad sales, but its lone product, Truth Social, generates just a fraction of the user base of more established social media sites.

Persons: Donald Trump, Trump, Kamala Harris Organizations: U.S, Alro Steel, Trump, Republican, Nasdaq, Trump Media, Democratic Locations: Potterville , Michigan

☆ North Carolina GOP governor nominee Mark Robinson denies making racist and sexually graphic posts on porn forum
▼ + stars: | 2024-09-19 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

North Carolina Lt. Gov. North Carolina Republican gubernatorial candidate Mark Robinson called himself a "black NAZI" and said "slavery is not bad" in years-old comments on an online pornographic forum, CNN reported Thursday. The Trump campaign denied it was pushing Robinson to withdraw. Robinson in Thursday's video signaled he would not leave the race in North Carolina, where the first absentee ballots are set to be sent out Friday. Recent polls on the race for North Carolina's top job show Stein leading Robinson, at times by wide margins.

Persons: Mark Robinson, Robinson, Donald Trump, Michael Lonergan, Josh Stein, Trump, Brian Hughes, Stein Organizations: Gov, Republican National Convention, Milwaukee , Wisconsin . North Carolina Republican, CNN, CNBC, Republican, Democratic, Carolina Journal, NBC, North, Republicans, GOP Locations: Carolina, Milwaukee , Wisconsin . North, North Carolina

☆ 111 Republican former officials endorse Harris, say Trump is 'unfit to serve'
▼ + stars: | 2024-09-18 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

US Vice President and Democratic presidential candidate Kamala Harris speaks at a campaign rally at the Bojangles Coliseum in Charlotte, North Carolina, on September 12, 2024. More than 100 Republican former lawmakers and officials endorsed Democratic presidential nominee Kamala Harris, while warning that their own party's candidate, former President Donald Trump, is "unfit to serve again." The group, which includes former Trump administration officials as well as those who served under former Presidents Ronald Reagan, George H.W. They acknowledged many Republicans' concerns about Harris and preference for Trump. Eight former members of Congress also endorsed the Democratic ticket of Harris and Minnesota Gov.

Persons: Kamala Harris, Donald Trump, Harris, Trump, Ronald Reagan, George H.W, Bush, George W, William Webster, John Negroponte, Carla Hills, Robert Zoellick, Donald Trump's, irresponsibly, Tim Walz Organizations: Democratic, Bojangles, Republican, U.S . Capitol, Trump, New York Times, CIA, FBI, Minnesota Gov Locations: Charlotte , North Carolina, U.S, Harris

☆ Judge rules Trump Media breached stock contract with early investor
▼ + stars: | 2024-09-17 | by ( Kevin Breuninger | ) www.nbcnews.com time to read: +3 min

Trump Media breached an agreement with one of the investors that helped the company go public, and must grant the investor a larger share of its stock, a judge ruled. After DWAC merged with Trump Media, those Class B shares were supposed to automatically convert to Class A stock at a 1:1 ratio. Analysts have come to see indivual investments in Trump Media as a proxy for supporting the Republican presidential nominee and betting on his political fortunes. Trump Media is embroiled in numerous other lawsuits with ARC and its founder, Patrick Orlando, along with others involved in the public merger. Trump Media in a filing in that same lawsuit on Monday sought an “emergency” court hearing.

Persons: Donald Trump —, Lori Will, DWAC, Will, ” Will, “, Trump, Patrick Orlando Organizations: Trump Media, ARC Global, Truth, Trump, ARC, DWAC, Nasdaq, Analysts, Forbes, United Atlantic Ventures Locations: Delaware Chancery, Delaware, Florida

☆ Trump, who signed SALT deduction cap into law, now vows to 'get SALT back'
▼ + stars: | 2024-09-17 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

Republican presidential nominee and former U.S. President Donald Trump attends a press conference at Trump National Golf Club, in Rancho Palos Verdes, U.S., September 13, 2024. Recent polls of the state mostly show Trump down by double digits against Democratic presidential nominee Kamala Harris. Asked for clarification on Trump's social media post, and specifically whether he is vowing to end the SALT cap he signed into law, the Republican's campaign did not provide a direct answer. The SALT cap and other tax provisions of the 2017 tax law are set to expire at the end of 2025. The nonpartisan Committee for a Responsible Federal Budget argues that repealing the SALT cap "would be costly, distortionary, and regressive."

Persons: Donald Trump, Kamala Harris, Trump, Karoline Leavitt, Harris Organizations: Trump National Golf Club, Trump, Republican, New, New York voters, Democratic, TRUMP, CNBC, Budget Locations: Rancho Palos Verdes , U.S, New York, Connecticut

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