Trump Media gifted thousands of shares of company stock to several prominent individuals. The recipients include President Trump’s FBI director nominee, Kash Patel, and his eldest son, Donald Trump Jr., according to new SEC filings. The grants were described as payment for services provided since the company’s March merger. The disclosures coincide with Patel’s Senate hearing and come amid criticism of potential conflicts of interest involving Trump’s financial ventures. Trump Media, known for the Truth Social platform, recently announced an expansion into financial services.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Trump Media gifted thousands of shares of company stock to several prominent individuals.
00:06The recipients include President Trump's FBI director nominee,
00:10Cash Patel, and his eldest son, Donald Trump Jr., according to new SEC filings.
00:15The grants were described as payment for services provided since the company's March merger.
00:20The disclosures coincide with Patel's Senate hearing and come amid criticism
00:24of potential conflicts of interest involving Trump's financial ventures.
00:29Trump Media, known for the Truth Social platform,
00:32recently announced an expansion into financial services.