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Trump Scores Support From Another Billionaire

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Donald Trump via Gage Skidmore Flickr

Trump is scoring big…

Ark Invest CEO Cathie Wood said she would vote for former President Trump over President Biden in the November presidential election.

Wood took part in an interview with ‘Meet Kevin’ financial analyst and YouTuber Kevin Paffrath, during which she was asked the popular question, “Trump or Biden?”

Wood told the host she has three children with whom she has discussed the upcoming election and its consequences.

“As I’ve said to them, ‘Look, I am going to vote for the person who’s going to do the best job for our economy,’” Wood told Paffrath. “I am a voter when it comes to economics, and on that basis, Trump.”

She further explained that Laffer Associates founder and chairman Art Laffer “describes the first three years of the Trump presidency as the best in U.S. economic history, not the last one because of COVID, and I would agree.”

Watch:

The informal endorsement comes on the heels of several billionaires sending money and support toward Trump’s presidential campaign. (RELATED: Billionaire Makes Massive Political Contribution To Trump)

Timothy Mellon, heir to the Mellon banking fortune, made a $50 million contribution to the pro-Trump super PAC, Make America Great Again Inc.

In a memo following Mellon’s donation, the PAC announced it had reserved $100 million in advertising through Labor Day.

The New York Times continues:

Mr. Mellon is now the first donor to give $100 million in disclosed federal contributions in this year’s election. He was already the single largest contributor to super PACs supporting both Mr. Trump and Robert F. Kennedy Jr., who is running as an independent. Mr. Mellon has previously given $25 million to both.

Billionaire Stephen Schwarzman, the CEO and co-founder of Blackstone, announced last month he will back Trump in the 2024 race after he previously called for the Republican Party to turn to a “new generation of leaders.”

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

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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.

Obama Claims New Yorkers ‘Don’t Take Trump Seriously’

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The White House, Public domain, via Wikimedia Commons

During a podcast interview, former President Barack Obama swiped at Donald Trump claiming the former President is not taken “seriously” in the city he called home for years, New York City.

Obama appeared alongside Bill Clinton and President Biden in the newest episode of the “SmartLess” podcast. 

Obama was asked on the “SmartLess” podcast by co-host Jason Bateman whether he was surprised how quickly the “protection and passion for democracy was diluted” in recent years. Obama responded by noting the trend began during former President Clinton’s time in the White House before accelerating during his presidency.

“I have been surprised that there haven’t been guardrails inside the Republican Party. Trump didn’t surprise me,” he said, before taking aim at Trump.

“I mean, he comes from New York. There’s nobody in New York who does business with him or lend him money. He’s not considered a serious guy here,” Obama added.

Obama went on to explain how he thought more Republicans would say some of Trump’s behavior went too far.

“But, so I was surprised he was elected, but I wasn’t surprised in terms of his behavior. I did expect, and I suspect Bill and Joe, you’d agree with this, that there would be some folks in the Republican Party who would say, no, you can’t go that far. You can’t start praising Putin and saying that his intelligence is better than the US intelligence agencies,” he said.

Trump is currently on trial in New York for falsifying business records to make alleged hush money payments to porn actress Stormy Daniels.

Nikki Haley Lands New Gig After Failed Trump Challenge

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The White House from Washington, DC, Public domain, via Wikimedia Commons

Donald Trump’s last Republican rival has landed a fresh new job.

Nikki Haley the former two-term South Carolina governor who served as ambassador to the United Nations in the Trump administration, is joining the Washington, D.C.-based Hudson Institute.

“Nikki is a proven, effective leader on both foreign and domestic policy,” Hudson President and CEO John P. Walters said in a statement Monday. “In an era of worldwide political upheaval, she has remained a steadfast defender of freedom and an effective advocate for American security and prosperity. We are honored to have her join the Hudson team.”

Fox News has more:

Haley, who received the Hudson Institute’s global leadership award in 2018 during her tenure as U.N. ambassador, will serve as the institute’s Walter P. Stern Chair. According to the Hudson Institute, the position was created four years ago to commemorate a former chair “who was instrumental in making Hudson one of Washington’s most respected research organizations.”

The institute emphasized that “it is fitting that Nikki has taken on this title” because “she is a courageous and insightful policymaker.”

Haley announced that she was suspending her White House campaign on March 6, the day Trump swept 14 of 15 GOP nominating contests on Super Tuesday.

To date, Haley has declined to endorse Trump.

“It is now up to Donald Trump to earn the votes of those in our party and beyond it who did not support him. And I hope he does that,” Haley said last month, as she pointed to those who supported her during her White House run.

“This is now his time for choosing,” she emphasized.

Trump Returns To Twitter – Now X

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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.

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

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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.”

Trump Media Investor Convicted Of Insider Trading

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Arrest image via Pixabay

On Thursday, a Manhattan grand jury found financier Bruce Garelick guilty of insider trading charges in a scheme that involved the merger of former President Donald J. Trump’s social media company with a publicly traded shell company.

Federal prosecutors had charged Garelick with five counts of securities fraud and conspiracy. 

Authorities claimed Garelick shared confidential information with his boss and at least one other person that Trump Media & Technology Group, the parent company of Truth Social, was close to announcing a merger with Digital World Acquisition Group, the shell company.

Mr. Garelick, 54, a former hedge fund manager, had been a board member of Digital World. 

The New York Times has more:

The information helped two brothers — Michael Shvartsman and Gerald Shvartsman — make nearly $23 million in illegal trading profits by buying Digital World securities in advance of the announcement, which sent the stock soaring. Mr. Garelick, who worked for Michael Shvartsman at a small Miami-based venture capital firm called Rocket One, made about $50,000 by trading off what authorities said was nonpublic information.

Last month, the Shvartsman brothers decided to forgo a trial and pleaded guilty to securities fraud charges. In their plea agreements, prosecutors have recommended a sentence of roughly four to five years for Michael Shvartsman; and three to four years for his younger brother.

Digital World raised about $300 million from investors in its initial public offering in September 2021. A little over a month later, the SPAC announced a deal to merge with Trump Media. After a long delay, the merger was completed in March and Trump Media became a publicly traded company. Mr. Trump’s nearly 70 percent stake in the firm is worth about $6 billion.

In a closing argument, Daniel Nessim, a federal prosecutor, described Mr. Garelick as a “sophisticated professional” who “cheated” and used inside information to benefit himself and his boss, Michael Shvartsman.

Garelick could face at least 25 years in prison.

This is a breaking news story. Please check back for updates.

Airbnb Co-Founder Opens Up About Leaving Democrat Party to Support Trump

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President Donald Trump participates in a welcome ceremony with Saudi Crown Prince Mohammed Bin Salman Al Saud at the Royal Court Palace in Riyadh, Saudi Arabia, Tuesday, May 13, 2025. (Official White House Photo by Daniel Torok)

Earlier this week, Airbnb co-founder Joe Gebbia opened up about why he decided to leave the Democrat Party to support President Donald Trump.

During an interview with former White House official Katie Miller – the wife of White House Deputy Chief of Staff Stephen Miller – Gebbia revealed how he became drawn to the Republican Party through Secretary of Health Robert F. Kennedy Jr. and the crisis at the southern border.

“At what point did you know in the last election that you were like, ‘I wanna help President Trump’? Was it Bobby Kennedy and your love for MAHA? Like, what was it?” asked Miller on The Katie Miller Podcast.

Gebbia responded, “I’ve been on my journey. Everyone’s been on a journey, and I think through, you know, certainly Bobby Kennedy and supporting him, and I’ve been so grateful for the work that he’s doing, to be somebody who just cares so much about the health of our nation, and you know, has no ties to industry and is really just able to bust through walls and sort of, like, right size the ship.”

The Airbnb co-founder revealed that he “grew up in an alternative medicine, health food household,” which made him gravitate towards Kennedy when he ran for president on a “Make America Healthy Again” platform.

Watch:

However, Gebbia told Miller it was the crisis at the southern border that ultimately made him lose faith in the Democratic Party and become a Republican.

“I think it was early 2021, mid-2021, the activity at the border caught my attention, and I just remember thinking, ‘What’s going on with this topic? It seems as if there’s no border,’” he said. “And as it got worse that year, I felt like I needed to understand this problem more, so I reached out to my friends, largely on the Democratic side of the house, at all levels, from the highest level all the way down.”

Gebbia said that while he received “some answers” from friends in the Democratic Party, he ultimately “felt unfulfilled,” and so decided to talk to former Trump senior adviser Jared Kushner about the issue:

I get on the phone with Jared and say, “Hey, can you help me? Fill in the gaps for me. Like, what am I missing here? Is this normal? Like, seems there’s no enforcement of our own border. Like, don’t nations need borders to be a nation?” And so he put me on this curriculum of just talking to experts in the field, and I remember just being like holy cow, this is crazy. Like, this is not right. This is a real problem and there’s no reason why we shouldn’t be enforcing the laws of our country and our border. And so I think, as I started to pull on that thread, I sort of, you know, begin to look at other topics and eventually came to the point where I don’t think I can support a political party that wants to have an open border, that lets in criminals and dangerous people into our country. That’s just not something I can get behind.

Elon Musk Vows To Keep His PAC ‘Grinding’ And To Help Future Republican Primaries

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Billionaire Elon Musk has no plan to back away from politics anytime soon.

SpaceX owner Elon Musk vowed to keep up his political activities in a social media post on Tuesday, saying he would take an active role in the GOP primaries ahead of the 2026 midterms.

“Normally, PACs go somewhat dormant after a big election,” Musk wrote on X, adding:

@America PAC is going to do the opposite and keep grinding, increasing Republican registrations in key districts around the country, in preparation for special elections and the midterms.

“And, of course, play a significant role in primaries,” Musk added.

Musk’s PAC reportedly spent some $200 million to help get Trump reelected in recent months. Musk himself, the world’s richest man, donated some $120 million to aid in Trump’s reelection bid – making him Trump’s second biggest backer after billionaire Timothy Mellon.

Musk’s pledge to stay active in GOP politics is the first sign his interest in the party extends far beyond Trump as activism.

Facebook Admits ‘Mistake’ In Censoring Iconic Trump Assassination Attempt Photo

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Photo via Pixabay images

On Monday, a Facebook spokesperson admitted the platform wrongly called the popular image of Donald Trump pumping his fist in the air after an assassination attempt against him an “altered photo.”

Meta Public Affairs Director Dani Lever later explained on X it was done in error as the systems were meant to detect a separate version of the image.

“This was an error. This fact check was initially applied to a doctored photo showing the secret service agents smiling, and in some cases our systems incorrectly applied that fact check to the real photo. This has been fixed, and we apologize for the mistake,” Lever wrote.

Lever confirmed the mistake when Fox News Digital reached out for a comment.

The altered image Lever referenced featured the Secret Service members surrounding Trump smiling. USA Today and AFP United States previously fact-checked the images as “altered,” though it confirmed the accuracy of the original image.

“None of the agents in the original image are smiling as they surround Trump, who has blood on his face and his right arm in the air. The image – which was captured by Associated Press photographer Evan Vucci and distributed by the AP – appeared with coverage of the shooting by CNN, The Atlantic, Business Insider and many other legitimate news outlets,” USA Today explained.

USA Today’s fact-check on the altered photo was used as a “third-party fact-checker” when Facebook corrected the photo.

Google has recently come under criticism for omitting search results for Trump’s recent assassination attempt.