Trump Media Filings Reveal Payout From America’s 250th Celebration
It sure looks like Donald Trump is using taxpayer money to fund his own social media company.
Trump Media & Technology Group (TMTG), the company that owns Truth Social, expects to be paid $350,000 for running ads about America’s 250th birthday celebrations.
The 250th celebrations, a series of very disappointing events over the summer, were led by Freedom 250, a Trump-created group that took over a bipartisan committee commissioned by Congress to plan the anniversary. Freedom 250 was officially housed under the National Park Foundation, a nonprofit that is supposed to raise money for the National Park Service—and which Trump Media board member Meredith O’Rourke also happens to sit on the board of.
Trump still owns a 41 percent stake in Trump Media, raising further alarm about Trump essentially paying himself for ads on the social media company he owns.
A Thursday merger filing first reported on by Wendy Seigelman at NewsTRACS reveals that Trump Media reported the expected $350,000 payment directly from Freedom 250.
“TMTG performed advertising services to Freedom 250 LLC, an entity created by, and administered by the ...