TMTG CEO endorses Kash Patel for FBI Director, highlighting his qualifications and commitment to restore integrity in the Bureau.
Quiver AI Summary
Devin Nunes, CEO of Trump Media & Technology Group (TMTG), praised President-elect Trump's decision to nominate Kash Patel as Director of the FBI, calling him a highly skilled lawyer and investigator dedicated to the Constitution. Nunes highlighted their collaboration in unveiling issues within the Intelligence Community related to the Russia collusion narrative and expressed confidence in Patel's ability to address corruption within the FBI and restore public trust. TMTG, which operates the social media platform Truth Social and the streaming service Truth+, aims to combat Big Tech's censorship and promote free speech on the internet.
Potential Positives
- TMTG's CEO praised Kash Patel, a board member, who is set to be nominated for a key position as Director of the FBI, which could enhance the company's credibility and influence.
- The statement aligns TMTG with the incoming administration, potentially positioning the company favorably in the political landscape.
- The emphasis on restoring Americans' confidence in the FBI may resonate with TMTG's target audience, reinforcing its mission against perceived censorship by mainstream platforms.
Potential Negatives
- The press release may raise concerns about the political affiliations of TMTG and its leadership, potentially alienating customers and partners who do not share the same views.
- Highlighting a controversial figure for a significant government position could detract from TMTG’s credibility and perceived neutrality in the tech and media landscape.
- The focus on exposing perceived corruption within the FBI could be viewed as politicizing the company’s mission, thus diverting attention from its core business objectives.
FAQ
Who is Kash Patel and what role will he assume?
Kash Patel is a TMTG board member nominated as Director of the FBI by President-elect Trump.
What is TMTG's mission?
TMTG aims to combat Big Tech's censorship and promote free speech through platforms like Truth Social and Truth+.
How did Devin Nunes describe Kash Patel?
Nunes praised Patel as a talented lawyer with a commitment to the Constitution and an ability to restore confidence in the FBI.
What platforms does TMTG operate?
TMTG operates Truth Social, a social media platform, and Truth+, a family-friendly TV streaming service.
Who should media inquiries be directed to?
Media inquiries can be directed to [email protected] for further information about TMTG.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$DJT Insider Trading Activity
$DJT insiders have traded $DJT stock on the open market 9 times in the past 6 months. Of those trades, 0 have been purchases and 9 have been sales.
Here’s a breakdown of recent trading of $DJT stock by insiders over the last 6 months:
- PHILLIP JUHAN (CFO and Treasurer) has traded it 3 times. They made 0 purchases and 3 sales, selling 468,941 shares.
- ERIC SWIDER sold 136,183 shares.
- SCOTT GLABE (General Counsel and Secretary) has traded it 2 times. They made 0 purchases and 2 sales, selling 20,000 shares.
- DEVIN G. NUNES (CEO, President, Chairman) sold 27,846 shares.
- ANDREW NORTHWALL (Chief Operating Officer) sold 3,467 shares.
- VLADIMIR NOVACHKI (Chief Technology Officer) sold 7,801 shares.
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Full Release
SARASOTA, Fla., Nov. 30, 2024 (GLOBE NEWSWIRE) -- Trump Media & Technology Group (Nasdaq: DJT) ("TMTG") CEO Devin Nunes today issued the following statement following President-elect Trump's announcement of his intent to nominate TMTG board member Kash Patel as Director of the FBI:
“An immensely talented lawyer and investigator with an unimpeachable devotion to our Constitution, Kash is a brilliant pick to serve as Director of the FBI. Kash and I worked closely together to expose the saboteurs within the Intelligence Community who perpetuated the Russia collusion hoax. Based on that experience, along with his service in key positions in the first Trump Administration, I know Kash has the intelligence and fearlessness to expose the corruption in the FBI, reverse its damaging politicization, and restore Americans’ confidence in the Bureau’s basic honesty. Those who denounce the darkness at the FBI can now rest assured that light will soon shine through.”
About TMTG
The mission of TMTG is to end Big Tech's assault on free speech by opening up the Internet and giving people their voices back. TMTG operates Truth Social, a social media platform established as a safe harbor for free expression amid increasingly harsh censorship by Big Tech corporations, as well as Truth+, a TV streaming platform focusing on family-friendly live TV channels and on-demand content.
Investor Relations Contact
Shannon Devine (MZ Group | Managing Director - MZ North America)
Email:
[email protected]
Media Contact
