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Trump to Make Billions With Truth Social Going Public; House Passes $1.2 Trillion Spending Package
22nd March 2024 • NTD News Today • NTD News Today
00:00:00 01:27:44

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Former President Donald Trump is poised to double his net worth from what could prove a huge windfall when his social media outlet, Truth Social, goes public. Investors have voted to approve a merger between Digital World Acquisition Corp. and Trump Media & Technology Group, the owner of Truth Social. This comes as the former president needs to put up a bond of more than $454 million to stay judgment in his civil fraud case while he appeals—effectively, to hold off the New York Attorney General from potentially seizing his real estate and other assets during the appeal. President Trump posted on social media on March 22 that “through hard work, talent, and luck, I currently have almost five hundred million dollars in cash.”

The House voted to approve a $1.2-trillion spending package to fund 70 percent of the government. The final vote was 286-134, with 112 Republicans and 22 Democrats voting against the measure. The Senate will now have to take up and pass the legislation ahead of a fast-approaching shutdown deadline at midnight on Friday.

The United Nations Security Council has failed to pass a resolution calling for an immediate cease-fire in Gaza as part of a hostage deal after Russia and China vetoed the measure proposed by the United States. The resolution condemned Hamas for the Oct. 7 massacre, called for an immediate six-week pause in fighting, and the release of the remaining hostages. U.S. Ambassador to the UN, Linda Thomas-Greenfield, criticized Beijing and Moscow, saying they rejected the proposal simply because it was penned by the United States.

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