The illustration shows the image of President Donald Trump on February 21, 2022 on the image of the social application of the truth about the social application in Washington Special Administrative Region on February 21, 2022.
Stefani Reynolds | Agence France -Presse | Getty Image
Trump Media and Technology Group The company announced on Wednesday that it is expanding to financial services including investment tools.
The truth of the trading of the transaction under the stock DJT has jumped more than 10 % in listing and transactions. President Donald Trump indirectly owns the company’s 114,750,000 shares Rejuvenat trustEssence
The financial service department will be called Truth.Fi, which will start from the company’s maximum $ 250 million. The company will take care of the brokerage company to guard Charles SchwabAccording to the press release. The money will allocate custom exchange trading funds and cryptocurrencies, as well as other investment tools.
The company said it was expected to launch products and services later this year, including its own investment tools.
“Truth.Fi is the natural expansion of the truth social movement. We first created a free voice social media platform, adding super fast TV streaming services, and now we are entering investment products and decentralized finances.” TMTG CEO CEO Executive Officer The chairman Devin Nunes is on the press release. “The development of the first investment tool for the United States is another step towards the goal of establishing a powerful ecosystem, that is, American patriots can protect themselves from canceling, reviewing, revoking and infringing the violations of large technology and Walker. , Cancel and privacy violations. “
This version does not specify which type of investment tools are specified. FI will provide it, but Schwab said the investment and strategy of the company’s “widely recommended” company. This product will focus on “the investment in the United States, manufacturing and energy companies, and investment in the economic investment of the Patriot.”
Charles Schwab, the granddaughter of the founder of the same name Samantha Schwab, has recently become the US Deputy Chief of Staff in the United States.
This news was published after Republicans complained that the banks were unfair to some Conservative Party. In a distant appearance at the World Economic Forum held in Davos, Switzerland last week, Trump complained to the Bank of America, CEO Brian Moynihan, who is locked in ConservativesEssence
Trump said: “I hope you start to open banks to conservatives, because many conservatives complain that banks will not allow them to start business in the bank, including a place called Bank of America.”
The president also took over Jamie Dimon, chief executive of Jpmorgan Chase, is the largest bank in the United States.
Trump said, “You and Jamie and everyone, I hope you will open banks to conservatives because your job is wrong.”
This sentence continued to make a mess between Republicans and the largest banks in the United States. Last year, a group of states prosecutors appealed, claiming that these institutions were discriminated against customers based on religion and political affiliation. Bank officials have denied improper behavior.
In the cryptocurrency community, complaints about escaping are also common, and the community is consistent with Trump during the presidential campaign.
the truth. Fi follows Trump memberThis was launched shortly before the inaugural ceremony, and brought billions of dollars to Trump organization and its branches.
This new financial service company may eventually become a competitor of Elon Musk X. Announce an agreement with the visa Promote part of the expansion of social media on Tuesday. Musk is a close consultant of President Trump.
