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Trump Media enters deal with a Republican donor who could benefit from a second term

  • Donald Trump’s media company announced a major purchase for streaming technology on Truth Social, involving an obscure firm called JedTec LLC, as disclosed in securities filings.
  • The deal connects Trump Media with James E. Davison, a Republican donor linked to federal interests, raising ethical concerns about potential undue influence.
  • Trump's stake in Trump Media, valued over $3 billion, poses conflicts as he seeks a second term, reflecting previous controversies during his presidency.
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Bias Distribution

  • 75% of the sources lean Left
75% Left
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ProPublica broke the news in New York, United States on Tuesday, July 30, 2024.
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