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Congressman Devin Nunes resigns from Congress and becomes CEO of Trump’s media company

Congressman Devin Nunes will resign from Congress and become Chief Executive Officer of Donald Trump’s new social media company.

The Trump Media & Technology Group said in a statement late Thursday that California Republicans would join the company in January.

Nunez also sent an email to his members on Thursday stating: I am planning to leave the House of Representatives at the end of 2021. “

Nunez was a supporter of Trump during his presidency and chaired the House Intelligence Committee. If the Republicans gained control of the House of Representatives in the midterm elections next year, he chaired a powerful House of Commons election commission. The 10th MP faced a potentially difficult path to reelection in 2022. Preliminary constituency change map would have given Democrats an edge In his central California district.

In a statement Thursday, Trump called Nunez a “fighter and leader.” He will be the excellent CEO of TMTG. Devin understands that liberal media and big tech must be prevented from destroying the freedom to make America great. ”

In 2019, Nunes sued Twitter Inc.
TWTR,
+ 5.70%
,
Claims that the company has granted the user for $ 250 million in damages — “Devin Nunes Cow” — Slander him.Virginia Judge Dismissed proceedings in 2020, Twitter’s dominance was protected by Section 230 of the Communications Decency Act of 1996 — protection by Trump and his allies. Asked for abolition..

Digital World Acquisition last Monday
DWAC,
-2.58%

— A special acquisition company that is about to open the Trump Media & Technology Group — Said facing regulatory investigations About the merger proposal by the Securities and Exchange Commission and the financial industry regulator.

read more: SEC has some questions about Trump SPAC

Following Nunes’ announcement, DWAC shares rose more than 9% in overtime trading after sinking on a regular trading day.



Congressman Devin Nunes resigns from Congress and becomes CEO of Trump’s media company

Source link Congressman Devin Nunes resigns from Congress and becomes CEO of Trump’s media company

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