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    Report: Trump Set To Become One Of World’s Most Wealthy People

    By
    Madeleine Jackson
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    Former President Donald Trump will become one of the 500 richest people in the world after his media company begins public trading on Tuesday, according to a report by Bloomberg News.

    The Daily Caller has more:

    Trump, the presumptive Republican presidential nominee, established the Trump Media & Technology Group (TMTG) in February of 2021 to develop an alternative social media website, following his removal from Twitter after the events of Jan. 6, 2021, with the new website “Truth Social” being unveiled in 2022. On Monday, TMTG completed a merging process with DWAC, a special-purpose acquisition corporation, that would allow the company to be publicly traded on the National Association of Securities Dealers Automated Quotations stock exchange, also known as the “Nasdaq” exchange, with Trump’s 58% stake in the company being valued at $3.9 billion, according to Bloomberg News. 

    The share price of DWAC increased by 35.22% to close at $49.95 on Monday when the closing of the deal was announced, with the new company retaining the TMTG name and changing its stock ticker to Trump’s initials, “DJT.” The process will increase Trump’s net worth to $6.4 billion, according to Bloomberg.

    Trump’s net worth, which until recently has primarily comprised real property of The Trump Organization, has been subject to varying estimates. The Australian Financial Review estimated his net worth to be $9.8 billion following the TMTG acquisition process, while Forbes maintains his net worth at $2.6 billion as of Monday — making him the 1,265th richest person in the world — with its highest-ever estimate for his net worth being $4.5 billion in 2016.

    Truth Social has reported many losses since its creation, with Trump being the primary user of the platform with the largest number of followers. He often announces major legal and campaign decisions on the platform, similar to his use of Twitter during his presidency.

    Trump will not be able to sell his stake in TMTG for at least six months following the commencement of trading

    Trump Returns To Twitter – Now X

    By
    Madeleine Jackson
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    Photo via Pixabay images

    Former President Donald Trump’s official X account is back…for now.

    The first ad, posted at 2:54 am, included a voiceover from Ronald Reagan and was captioned, “Are you better off now than you were when I was president? Our economy is shattered. Our border has been erased. We’re a nation in decline. Make the American Dream AFFORDABLE again. Make America SAFE again. Make America GREAT Again!”

    Another ad was published at 3:00 am and read, “They want to silence me because I will never let them silence you. They’re not coming after me, they’re coming after you. I just happen to be standing in their way and I’m never moving. We will Make America Great Again!”

    Musk and Trump will talk live on X at 8 pm ET and Musk has already addressed the technical issues that have plagued past events – including the glitchy of Florida Gov. Ron DeSantis’s (R) presidential campaign last spring.

    “Am going to do some system scaling tests tonight & tomorrow in advance of the conversation,” Musk wrote on X ahead of the event.

    Trump had been banned from Twitter, which Musk bought for a staggering $44 billion and renamed X, after the January 6th attack on the U.S. Capitol.

    Trump has only posted once since Musk restored his Twitter account, @realDonaldTrump, as the former president reserves his social media usage for Truth Social, which he owns. In August of 2023, Trump post his Fulton Country jail mugshot with a link soliciting donations.

    Former PayPal President Ditches Democrat Party, Endorses Trump

    By
    Madeleine Jackson
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    1

    Trump just scored another major donor…

    Former president of PayPal David Marcus announced he has switched political parties and endorsed Donald Trump via X.

    “I am crossing the Rubicon and backing the Republican Party and President Trump. Many — including a former version of myself — get trapped in a mental framework that becomes their identity and prevents them from radically evolving their thinking with new facts and information. I finally broke free from it.”

    “My journey has been a gradual political 180 from where I stood in every previous election. It has been an eye-opening process of disenchantment, zero-basing lifelong beliefs, and rebuilding from there,” wrote Marcus.

    Marcus cited an anecdote where, in 2017, he was enlisted to raise $100M from Silicon Valley for the Democratic National Convention in order to “prevent a repeat of Hillary Clinton’s inadequate, outdated 2016 campaign.”

    David Marcus is aligned with Trump on technology innovations like crypto and AI as well as foreign policy–especially the Middle East. Marcus opined, “on Iran, this administration is continuing a misguided Obama-era plan to bring Iran closer to the West by unfreezing Trump-era sanctions, thus giving the Mollahs’ regime the ability to fund terrorism and pursue its anti-America, anti-Israel, and anti-Jewish agenda.”

    “I believe we need a President who is unequivocally pro: America, the Constitution, business, Bitcoin/crypto, innovation, Israel, small government, legal immigration, free speech, meritocracy, and common sense — and anti: regulatory proliferation, illegal immigration, unjust wars, Iran’s current regime, and domestic groups that oppose American values.”

    Marcus completed his post by referencing the attempt on former President Trump’s life at a rally in Butler, PA on July 13.

    “It’s impossible to close this post without mentioning President Trump’s recent assassination attempt. The courage and resolve he displayed seconds after being hit by a bullet was awe-inspiring for his followers and detractors alike. This was a man, however imperfect, who, at that moment, incarnated the American spirit in the most vivid way, starting to bring a split nation together,” wrote Marcus.

    “In this pivotal moment, confronted with the choices we have, I am endorsing and supporting a return to a Republican administration in 2025,” the post concluded.

    Trump has seen a number of prominent pro-business donors flock to his campaign this season as Republicans seek to a return to the White House.

    Amanda Head: Debt Deal Is A Disaster!

    By
    Amanda Head
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    Capitol Hill is in a frenzy over the latest debt deal reached between lawmakers.

    Watch Amanda explain the situation below:

    Opinions expressed by contributors do not necessarily reflect the views of Great America News Desk.

    Fox News Host Laura Ingraham Joins Board of Trump Jr.’s New SPAC

    By
    Madeleine Jackson
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    0

    Fox News primetime host Laura Ingraham has been named a board member of a new special-purpose acquisition company (SPAC) led by Donald Trump Jr..

    The blank-check firm, Colombier Acquisition Corp. III, filed its registration statement with the U.S. Securities and Exchange Commission (SEC) on Friday, planning to raise 26 million units at $10 each — a total IPO target of about $260 million.

    The stated mission of the new SPAC is stirring: the company intends to “fund the next chapter of American Exceptionalism and help Make America Grow Again.”

    A Powerful Line-Up

    This initiative brings together heavyweight conservative and business voices:

    • Donald Trump Jr. himself is listed as a director of the SPAC.
    • Ingraham, as noted, takes a board seat, aligning her media voice with pro-growth, America-first business leadership.
    • Others on the board include billionaire investor Chamath Palihapitiya (often dubbed “Wall Street’s SPAC king”), Blake Masters (a former president of the Thiel Foundation and GOP Senate candidate-turned-investor), and conservative business leader Chris Buskirk of 1789 Capital.
    • The SPAC is sponsored by 1789 Capital — a firm with ties to Trump family allies including Trump Jr. — and led operationally by finance veteran Omeed Malik.

    Why This Matters for the Republican Agenda

    1. Scaling American Growth — The SPAC presents an opportunity to invest in high-potential private companies that are aligned with conservative economic principles: innovation, domestic manufacturing, job creation. It echoes longstanding themes of shrinking dependency on foreign supply chains and revitalizing American industry.
    2. Bringing Conservative Media Into the Arena — Laura Ingraham’s role on the board is significant beyond her television presence. It bridges the media platform with private-capital activity in service of a pro-growth agenda, reinforcing conservative alignment across cultural and economic spheres.
    3. Leveraging the Trump Ecosystem — This SPAC is further proof of increasing alignment between the Trump family’s business interests and the conservative movement. With Trump Jr. at the helm and Fox News hosts like Ingraham working in the same orbit, the cultural and economic wings of the movement are becoming more integrated. Some might view this as a consolidation of influence — and for supporters, it represents an effective mobilization of talent, media, capital and ideas.
    4. Messaging Strength — The marketing language around “American Exceptionalism,” “Make America Grow Again,” and taking bold action to merge private champions into public markets resonates deeply with patriotic, pro-growth, and pro-Liberty voters and investors. It signals optimism about the future of U.S. business and opportunity.

    Considerations for Conservative Investors & Supporters

    • Alignment of values and vision: This venture clearly invites participation by those who believe in American economic strength, renewal of manufacturing, and innovation under a conservative framework.
    • Risk and reward: As with all SPACs, there are inherent risks — particularly the uncertainty of what private company will be merged and how the market will react. However, the backing of high-profile conservative leaders may bring a unique brand strength and network effect.
    • Cultural impact: Ingraham’s involvement means that conservative media will potentially be linked to private-market outcomes. This could amplify messaging but also raise questions about separation of media and business roles (a subject of debate).
    • Timing: The filing was recent, and the IPO process is underway. As the venture develops, more details will emerge (which company they will target, when, etc.). Supporters should watch for updates and ensure that the company they merge with aligns with the broader vision.

    What’s Next

    Supporters in the conservative movement will likely view this development as a concrete manifestation of turning media influence into economic muscle — shaping culture and business in tandem.

    The IPO units are expected to trade under the ticker “CLBR U” on the New York Stock Exchange (NYSE).

    The next steps will include selecting a target company to merge with, closing the deal, and executing on growth plans. Investors should monitor the company’s announcements and disclosures via SEC filings.

    Media watchers will track how this move influences the relationship between conservative media, the Trump business ecosystem, and public market investment.

    The Democrat Shutdown is nothing more than a political scheme to hold America hostage. JD Vance is calling Schumer to END THE SHUTDOWN. [CO-SIGN THE MEMO HERE]

    Trump To Nominate New Commerce Secretary

    By
    Madeleine Jackson
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    Donald Trump via Gage Skidmore Flickr

    On Tuesday, President-elect Donald Trump is expected to announce his nomination for Secretary of Commerce: Howard Lutnick.

    Lutnick is the chair and CEO of Cantor Fitzgerald and is also currently serving as co-chair of the Trump transition. He has notably publicly embraced Trump’s tariff plans, which will be a major part of the job leading Commerce.

    The CEO was considered a front-runner to serve as Trump’s Treasury secretary along with Scott Bessent, who served as economic adviser on the Trump campaign.

    Trump just released a statement:

    I am thrilled to announce that Howard Lutnick, Chairman & CEO of Cantor Fitzgerald, will join my Administration as the United States Secretary of Commerce. He will lead our Tariff and Trade agenda, with additional direct responsibility for the Office of the United States Trade Representative.

    In his role as Co-Chair of the Trump-Vance Transition Team, Howard has created the most sophisticated process and system to assist us in creating the greatest Administration America has ever seen.

    Lutnick beat out Linda McMahon for the role leading Commerce who was considered a front runner and previously led the Small Business Administration during Trump’s first term.

    McMahon is also a co-chair of his transition effort.

    This is a breaking news story. Click refresh for the latest updates.

    D.C. Waitress Fired After Vowing To Refuse Service To Trump Officials

    By
    Madeleine Jackson
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    6

    A Washington, D.C.-based server has been fired after proudly saying in an interview that she planned to refuse service to Trump officials.

    The server was previously employed by Beuchert’s Saloon on Capitol Hill. She took part in a report by Washingtonian magazine about how the service industry would respond to President-elect Donald Trump’s team if they patronized her place of employment.

    Most individuals who were interviewed remained anonymous, but Suzannah Van Rooy provided her real name. 

    “I personally would refuse to serve any person in office who I know of as being a sex trafficker or trying to deport millions of people,” the server told the outlet, as The Daily Wire previously reported. “It’s not, ‘Oh, we hate Republicans.’ It’s that this person has moral convictions that are strongly opposed to mine, and I don’t feel comfortable serving them.”

    “People were a lot more motivated the first time around to do those kinds of shows of passion. This time around, there is kind of a sense of defeat and acceptance,” Van Rooy added. “But I hope that people still do stand up to this administration and tell them their thoughts on their misbehavior.”

    Beuchert’s Saloon denounced Van Rooy’s comments and confirmed she was no longer employed there, per Fox News Digital. The neighborhood restaurant and bar called her statements “reprehensible” and “unforgivable.”

    “Recent comments made by a member of staff who had no authority to speak on behalf of our entire restaurant have been, quite rightly, flagged as inappropriate, hostile, intolerant, and unacceptable. This staff member does NOT speak for us as a restaurant,” Beuchert’s Saloon said in a statement.

    Beuchert’s saloon provided a follow-up after the backlash from the employee’s comments.

    “Not only do Ms. Van Rooy’s comments clearly violate our zero-tolerance policy on discrimination, but her decision to sign into our social media accounts in the middle of the night to post her own rhetoric in wildly offensive responses to comments is a further breach of conduct and protocol. She has no authority to speak on our behalf, and her comments do not reflect the positions of over twenty other people who make up our staff,” the statement said.

    “For these reasons as well as the sheer dismay and disgust we feel at her unforgivable behavior, Ms. Van Rooy has been dismissed immediately. Our staff and families (many of whom are personally offended by Ms. Van Rooy’s comments about them) are still reeling from what Ms. Van Rooy said and did, and we as a restaurant are simply horrified to be associated with base prejudice.”

    RNC Chair Lara Trump Releases New Single

    By
    Madeleine Jackson
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    1
    Image via gage Skidmore Flickr

    The Trump family is full of talents.

    On Thursday night, RNC chair Lara Trump released her second single and teased the release of several more songs coming soon.

    According to Mediaite, Trump—who made headlines with her 2023 cover of Tom Petty’s “I Won’t Back Down”—spontaneously dropped yet another single, “Anything is Possible,” at midnight on Thursday evening.

    “A little something I had fun with over the winter,” wrote Trump in a social media post announcing the song. “And a few more too that I’ll save for a future date, special for my YUGE fans in the liberal media [winky face emoji].”

    In the uplifting single about faith, which is currently available to stream on Spotify and Apple Music, Trump sings, “I’ve had my ups and downs, cried when no one’s around. Still I gotta put my game face on, even when I’m not feeling strong. No matter how it seems, I wouldn’t trade a thing, ’cause all of it makes me who I am.”

    She continues in the chorus, “Don’t think, just jump, you can’t give up. Know that anything is possible. Have faith, believe, just trust, you’ll see, anything is possible.”

    It is unclear whether Trump currently has an album in the works or whether she has just produced a collection of singles.

    Earlier this month, Trump was elected to serve as co-chair of the Republican National Committee following Ronna McDaniel’s exit.

    Trump’s Truth Social Merger Deal Hits A Pause

    By
    Madeleine Jackson
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    0
    Photo via Gage Skidmore Flickr

    It’s a bad time to be Trump…

    New reports indicate the potential merger deal with the former President’s Truth Social platform is dead in the water.

    The Daily Beast reports:

    The public shell corporation that has been preparing to merge with former President Donald Trump’s technology firm—the parent company of his social media platform, Truth Social—announced Thursday that it was dropping its plans to pursue the merger through a specialized process called a ​​private investment in public equity (PIPE) transaction. The company also said it planned to return $533 million it had raised from investors to complete the deal. The merger between Digital World Acquisition Corp. (DWAC), a special purpose acquisition company, and Trump Media & Technology Group failed to materialize by a September 2022 deadline set by U.S. regulators, giving DWAC the option to back out of the deal. A TMTG spokesperson claimed in a release Thursday that the two companies still planned to merge and said the development was, in fact, a positive step—but declined to comment when pressed by Reuters to say how backing out of the PIPE deal would benefit either party.

    This is a breaking news story. Click refresh for the latest updates.

    Andrew Cuomo to Launch New Podcast with First Guest Anthony Scaramucci

    By
    Madeleine Jackson
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    2
    Photos from the opening of the new Delta Air Lines terminal in LaGuardia Airport in Queens, NY, on Tuesday, Oct. 29, 2019. (Chris Rank for Rank Studios) (Photos from the opening of the new Delta Air Lines terminal in LaGuardia Airport in Queens, NY, o

    Look at how far Andrew Cuomo has sunk.

    After resigning as New York Governor due to allegations of sexual misconduct Cuomo announced he plans to start a new business venture. Cuomo’s newest foray into the public sphere comes in the shape of a podcast and one of his first guests is scheduled to be President Donald Trump’s former communications director Anthony Scaramucci.

    Scaramucci, who briefly served the Trump administration in 2017, has emerged as a critic of Trump and expressed his support for Biden in the 2020 election.

    According to The Hill:

    Cuomo will this week debut a new hourlong show he is calling “As a Matter of Fact” on podcast streaming service Quake, he told Axios, and the show will aim to “hear from people — their questions, their issues — and have that dialogue.”

    The former governor told Axios this week he has “learned from the entire situation.”

    “There’s a fundamental problem with the entire system here,” Cuomo told the outlet of the media ecosystem writ large. “We have such division of people and we have such dysfunction of government, and part of it is this hyper-partisan, extreme dialogue that goes on.”

    “There is a new sensitivity that I didn’t fully appreciate that some people have, and some people have a new sense of cultural boundaries that I didn’t appreciate enough,” Cuomo said.

    It seems the disgraced governor is following in his brother’s footsteps. Chris Cuomo, who was a leading anchor at CNN during the Cuomo sex scandal, also started a new podcast after being fired from the network.

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