The SEC’s approval of a merger between Trump Media & Technology Group and Digital World Acquisition Corp. could have even larger implications for Trump’s bank account — and, more importantly, the 2024 presidential election and the role of media and money in it — than the civil fraud ruling, writes David Zurawik.
While the big news about former president Donald Trump last week was Friday’s nearly $355 million ruling against him in a civil fraud case, there was another piece of Trump-related financial news that did not get nearly as much attention: The Securities and Exchange Commission approved a merger between Trump Media & Technology Group, which owns the social media platform Truth Social, and Digital World Acquisition Corp., a blank check firm that takes private companies public.
messaging during the campaign. And there are other one-time Fox news stars who still have audiences to which they are preaching the
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