Trump media The company announced on Wednesday.
Truth Social Palent Company’s shares traded under Ticker DJT have increased by 6 % on Wednesday. President Donald Trump indirectly owns 114,750,000 shares from a cancellation trusted company.
The financial service department is known as Truth.fi, starting at up to $ 250 million from the company detained by a securities company. Charles SchwabAccording to the news release. The funds are assigned to customized exchange sales and cryptocurrencies in other investment means.
The company said he was hoping to launch products and services, including their own investment means in the latter half of this year.
“Truth.fi is a natural expansion of Truth Social Movement. We have added a ultra -high -speed TV streaming service. Devin Nunes, the media CEO and chairman, started by creating a free speech social media platform. I mentioned in the release.
“Developing the first investment vehicle in the United States creates a robust ecosystem that can protect yourself from the threats that are always in the United States patriot, cancel, censors, and take off, and have always been a large company. This is another step towards doing it. ” Former House of Representatives from California, Nunes.
This release did not specify the truth of any kind of investment, but Schwab stated that it would “give advice on the company’s investment and strategy.” According to the release, this product focuses on “investment in the United States growth, manufacturing, energy companies, and patriotian economy.”
Samantha Schwab, the founder of Charles Schwab, the founder of the founder, has recently become a Deputy Chief of the US Treasury.
The announcement will be made after the Republican complaint that banks are dealing with some conservatives. Trump appealed while appearing in a remote area in the World Economic Forum held in Dabos, Switzerland last week. Bank of America CEO Brian Moynihan states that the company has closed conservatives and banks.
“Many conservatives are dissatisfied with the fact that banks have not allowed business in banks, and they are complaining about the place called Bank of America, so we hope that we will open banks in conservatives. “Mas,” said Trump.
The President also undertaken CEO Jamie Dimon jpmorgan chaseThe largest US bank with assets.
“I and Jamie are all wrong, so I hope you open a bank to conservatives,” Trump said.
This statement continued to feud between Republican members and the largest banks in Japan, and a complaint that claimed that the group of the Prosecutor of the State was discriminating on customers based on religious and political affiliates last year. When I submitted it, a flash point occurred. Bank officials have denied fraud.
Banking complaints are also common during the cryptocation community that were lined up with Trump during the presidential election.
Truth.fi is just before taking office and appears at the heel of Trump’s memorial for Trump organizations and its affiliates, which has a billion dollar profit.
A new financial service company may be a competition for Elon Musk’s X, which announced a contract with a visa on Tuesday, as part of a push to expand across social media. The mask is a close advisor of President Trump.
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