Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
 Best Of Politics | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search Politics
Shrewd'm.com Merry shrewd investors
Best Of Politics | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search Politics

Halls of Shrewd'm / US Policy❤
Unthreaded | Threaded | Whole Thread (5) |
Author: commonone ✸🐝 HONORARY
SHREWD   😊 😞
Number: of 48447 
Subject: Truth Social to Offer Investment Accounts
Date: 04/16/2025 11:14 AM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 14
Truth Social, Mad King Donald's social media platform, announced it will offer actively-managed investment accounts composed of stocks in companies who benefit from his policies.

Trump will profit from these accounts in two ways. First, TMTG will invest a portion of its cash reserves in accounts. Secondly, as the majority shareholder in TMTG, Trump will benefit from the fees generated by these accounts. The performance of the underlying assets held in these accounts will determine both TMTG's return on its cash reserves and interest from outside investors.

But Trump, as President, will also be able to significantly influence the performance of these assets through tariffs and other policies. It is a jaw-dropping conflict of interest for actively managed investment accounts to be marketed under the president's name through a company that is majority-owned by the president.

Imagine for an instant what MAGAts would have done if presidents Biden or Obama had pulled this kind of shit.


https://popular.info/p/truth-social-launches-schem...

https://www.barrons.com/articles/djt-truth-social-...
Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (5) |


Announcements
US Policy FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Ticker or Board Name Author

Best Of Politics | Best Of | Favourites & Replies | All Boards | Followed Shrewds