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    Trump Scores Support From Another Billionaire

    By
    Madeleine Jackson
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    1
    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.”

    Trump Media Investor Convicted Of Insider Trading

    By
    Madeleine Jackson
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    3
    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.

    Report: Trump Company Seeks To Trademark His Name On Airports

    By
    Madeleine Jackson
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    0
    Donald Trump via Gage Skidmore Flickr

    As Florida legislators weigh a proposal to rename Palm Beach International Airport after President Donald J. Trump, a related trademark filing by a company associated with the Trump Organization is drawing national attention — and predictable political reactions.

    Public records show that DTTM Operations, an entity tied to the Trump Organization, filed trademark applications on Feb. 13 for “President Donald J. Trump International Airport” and “Donald J. Trump International Airport.”

    A spokesperson for the Trump Organization said the filings are purely defensive and not intended to generate revenue.

    “To be clear, the President and his family will not receive any royalty, licensing fee, or financial consideration whatsoever from the proposed airport renaming,” spokesperson Kimberly Banza said in a statement. She explained that the trademark applications are meant to prevent “bad actors from infringing upon or misusing the name.”

    The proposal to rename the airport comes as Florida’s GOP-controlled legislature considers honoring Trump, whose Mar-a-Lago residence is located in Palm Beach. Supporters see the move as a fitting recognition of a former and current president with deep ties to the region and a significant political legacy.

    Critics, however, have seized on the trademark filings to raise concerns about potential conflicts of interest. Dylan Hedtler-Gaudette of the nonprofit Project on Government Oversight argued that the situation highlights broader questions about presidential business holdings.

    Trademark attorney Josh Gerben, who first reported on the filings, described the move as unusual, noting that while airports have been named after past presidents, a sitting president’s private company seeking trademark protection in advance appears to be unprecedented.

    Gerben suggested that the filings raise technical legal questions about whether a publicly owned airport would need permission to use the name if it were trademarked — though no such arrangement has been proposed.

    The broader political backdrop is hard to ignore. President Trump has long been a polarizing figure, and even routine legal filings tied to his name tend to generate outsized scrutiny. Supporters argue that trademark protection is standard practice for high-profile public figures and brands, particularly given Trump’s long history as a global business leader.

    The White House has not indicated that the president is personally involved in the legislative effort. Trump has also denied reports that he is seeking to have other major transportation hubs, such as Washington’s Dulles Airport or New York’s Penn Station, renamed in his honor.

    For now, the proposal remains in the hands of Florida lawmakers. Whether the renaming effort moves forward — and whether the trademark filings ultimately matter — will depend on decisions made at the state level.

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    New Accusations Released About Member of Trump’s Family and Inner Circle

    By
    admin
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    4
    [Photo Cred: Office of the President of the United States, Public domain, via Wikimedia Commons]

    Former Trump adviser Peter Navarro recently made some potentially damaging accusations about Jared Kushner, former President Trump’s son-in-law and longtime White House adviser.

    As reported by Mediaite, Navarro recently bashed Kushner about his portrayal of several dramatic actions he allegedly took while working at the White House.

    “Appearing on Newsmax, Navarro addressed Kushner’s claim in his recently-published book that he was treated for thyroid cancer while serving in the White House.

    Host Chris Salcedo flagged the excerpt from the book and stated Kushner “withheld a cancer diagnosis during tense negotiations with communist China.

    Navarro addressed Kushner’s book.

    “It’s fiction,” he continued. “And the thyroid thing, that came out of nowhere. I saw the guy every day. There’s no sign that he was in any pain or danger or whatever. I think it’s just sympathy to try to sell his book now.”

    Salcedo asked if Kushner is “worthy” of Trump’s trust.

    “No,” Navarro replied. “Time after time, whether it’s mismanagement of the campaign, mismanagement of the pandemic, taking too much credit for NAFTA, taking too much credit for the Abraham Accords. I mean, the guy was just a one-man wrecking crew, 36 years old I think when he got in there with no training. His only qualification was that he was the boss’s son-in-law.”

    Notably, Navarro is dealing with a few of his own issues at the moment. A few days ago he was sued by President Biden’s Justice Department for refusing to hand over emails from his personal accounts which were used to conduct official White House business. Earlier this summer, he was criminally charged for ignoring a subpoena from the Jan. 6 Committee.

    Judge Judy Labels Trump Hush Money Case ‘Nonsense’

    By
    admin
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    Donald Trump via Gage Skidmore Flickr

    A waste of time and taxpayer dollars…

    “Judge Judy” Sheindlin called Manhattan District Attorney Alvin Bragg’s (D) hush money case against former President Trump “nonsense” in a recent interview.

    “You gotta twist yourself into a pretzel to figure out what the crime was. [Bragg] doesn’t like him — New York City didn’t like him for a while,” Sheindlin said of Trump in a “Who’s Talking to Chris Wallace?” interview streaming Friday on Max.

    “I would be happier, as someone who owns property in Manhattan, if the district attorney of New York County would take care of criminals who were making it impossible for citizens to walk in the streets and use the subway, to use his efforts to keep those people off the street, than to spend $5 million or $10 million of taxpayers’ money trying Donald Trump on this nonsense,” the longtime TV judge told Wallace.

    Watch:

    “I, as a taxpayer in this country, resent using the system for your own personal self-aggrandizement,” the “Judy Justice” personality said of Bragg.

    OLYMPUS DIGITAL CAMERA

    Asked by the CNN anchor what she thought of Trump, the 81-year-old former Manhattan Family Court judge replied, “I think he was a good businessman, a real estate guy. And he was certainly terrific on ‘The Apprentice.’”

    The celebrity judge’s comments come as the Manhattan DA seeks an extension of the restraining order against former President Donald Trump. (RELATED: Manhattan DA Seeks Extended Gag Order Against Trump Amid Death Threats To Bragg)

    They argue that Trump’s public statements have increased tensions and led to threats against Bragg and his team before Trump’s July 11 sentencing.

    The Manhattan District Attorney’s Office charged Trump with 34 counts of falsifying business records as part of a hush-money scheme to prevent porn star Stormy Daniels from speaking out about her alleged extramarital affair before the 2016 presidential election.

    Before Trump, no sitting or former president ever faced criminal charges. This is the lowest level felony in New York, any potential sentence will more than likely be served after the 2024 election.

    As The New York Times reports:

    The order, issued before Mr. Trump’s Manhattan criminal trial began in mid-April, bars him from attacking witnesses, jurors, court staff and relatives of the judge who presided over the trial, Juan M. Merchan.

    Mr. Trump’s lawyers have sought to have the order lifted since Mr. Trump’s conviction in late May. But in a 19-page filing on Friday, prosecutors argued that while Justice Merchan no longer needed to enforce the portion of the gag order relating to trial witnesses, he should keep in place the provisions protecting jurors, prosecutors, court staff and their families.

    Article Published With The Permission of American Liberty News

    Trump Files To Overturn Latest Conviction After SCOTUS Ruling

    By
    Madeleine Jackson
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    1
    Gavel via Wikimedia Commons Image

    On Monday, former President Donald Trump moved to overturn his criminal conviction in the Manhattan hush-money case after the Supreme Court ruled presidents have immunity for “official acts” committed while in office.

    Manhattan District Attorney Alvin Bragg charged the former president in May with 34 counts of falsifying business records in the first degree. Trump pleaded not guilty to all counts in the Manhattan case.  

    Lawyers for Trump had filed a motion to dismiss the verdict hours after the Supreme Court’s ruling. 

    Duncan Lock, Dflock, CC BY-SA 3.0 via Wikimedia Commons

    The motion came on the same day that the district attorney’s office sent sentencing recommendations to Judge Juan M. Merchan – who presided over the Manhattan trial – though it remains unclear whether that will be seen by the public, per reporting from The New York Times.  
    Judge Merchan has received a letter from Trump’s lawyers, a person familiar with the matter confirmed to Fox News Digital. 

    The letter asks for permission to file a motion to vacate the jury’s Manhattan verdict, asks for a delay of the July 11 sentencing, and cites the high court’s decision in arguing that evidence was included at trial that should not have been admitted. 

    To file a motion in New York, defendants must first request permission from the judge in the case. 

    On Tuesday, Manhattan prosecutors agreed with Donald J. Trump’s request to postpone his criminal sentencing so that the judge overseeing the case could weigh whether a recent U.S. Supreme Court ruling might impact his conviction, according to The New York Times.

    On Monday, the Supreme Court ruled 6-3 that a former president has absolute immunity for his core constitutional powers.

    Former presidents are also entitled to at least a presumption of immunity for their official acts. There is no immunity, the court holds, for unofficial acts.

    The Supreme Court returned the case to the trial court to determine what is left of special counsel Jack Smith’s indictment against the former President.

    I AM DONALD TRUMP, AND I’M BEING SENTENCED ON JULY 11TH! IF YOU REMEMBER ONE THING, REMEMBER THIS: I’M THE ONLY THING STANDING IN THE WAY OF THE COMPLETE AND TOTAL DESTRUCTION OF AMERICA BY THE BIDEN REGIME. WILL YOU PLEASE DONATE ONE MORE TIME BEFORE DOOMSDAY?

    MyPillow CEO Mike Lindell Sued For $800,000

    By
    Madeleine Jackson
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    1
    Mike Lindell via Gage Skidmore Flickr

    Ouch…

    Shipping and logistics company DHL sued Mike Lindell’s MyPillow this week over an alleged shipping debt of nearly $800,000.

    In the lawsuit filed in Minneapolis on Monday, DHL alleged Lindell’s company violated a previous lawsuit settlement from May 2023 which required MyPillow to pay off its $775,000 debt to DHL in 24 monthly installments.

    According to the lawsuit, MyPillow only partially paid off the required installments, paying DHL $64,583.34, with the last installment in June.

    DHL reportedly threatened to sue MyPillow in July and, after several months of no success, finally filed its lawsuit in court this week.

    DHL is now seeking $799,925.59 from MyPillow, along with attorney fees and an 18% annual interest.

    Gavel via Wikimedia Commons Image

    Lindell who has been a vocal and active supporter of former President Donald Trump has been embroiled in a number of lawsuits over the past few years, including defamation lawsuits from Dominion Voting Systems and Smartmatic over his allegations that the 2020 election was rigged.

    In February, Lindell was ordered to pay $5 million to a man after he lost his own “Prove Mike Wrong” challenge.

    In March, MyPillow was evicted from a warehouse in Minnesota for allegedly being $200,000 behind on rent.

    Senators Call On SEC To Open Investigation Into Trump For Insider Trading

    By
    Madeleine Jackson
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    5

    Democrats are getting desperate…

    Senate Minority Leader Chuck Schumer (D-NY) and Sen. Elizabeth Warren (D-MA) sent a letter to the Securities and Exchange Commission (SEC) this week asking for an investigation into President Donald Trump’s social media posts urging stock market purchases ahead of his tariff pause announcement

    “We ask the SEC to determine whether President Trump, any members of his cabinet, or other donors, insiders, and administration officials engaged in insider trading, market manipulation or other securities laws violations on April 9, 2025, when President Trump announced that it was a ‘GREAT TIME TO BUY’ into the stock market,” the senators wrote in a scathing letter.

    Sens. Adam Schiff (D-CA), Ron Wyden (D-OR), Mark Kelly (D-AZ), and Ruben Gallego (D-AZ) also signed the letter, which slammed Trump for urging his social media followers to buy stocks “just hours before he announced a 90-day pause on his recently announced tariffs, leading to a historic market rally after days of dramatic market declines.”

    “THIS IS A GREAT TIME TO BUY!!!” Trump wrote on Truth Social at 9:37 am just ahead of his announcement that he would pause additional tariff increases on 75 countries for 90 days while slapping even higher levies on China.

    The letter was addressed to SEC Commissioner Paul Atkins, a Trump appointee, who was confirmed by the Senate on Thursday.

    “It is unclear which officials and affiliates for President Trump had advance knowledge of his plans to delay tariffs — but insiders may have known that he was going to announce a tariff pause and that the market would improve,” argued the Senators.

    Amanda Head: Debt Deal Is A Disaster!

    By
    Amanda Head
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    0

    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.

    Billionaire Makes Massive Political Contribution To Trump

    By
    admin
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    1
    Image via Pixabay free images

    One of the largest single disclosed gifts ever…

    A reclusive billionaire from a storied American family with a legacy dating back to the Gilded Age has made one of the largest political contributions in the history of American politics.

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

    At the end of April, the organization had only $34.5 million.

    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.

    Gage Skidmore from Peoria, AZ, United States of America, CC BY-SA 2.0 , via Wikimedia Commons

    Democrats have sought to portray Mr. Kennedy as a spoiler supported by Republicans, in part by emphasizing Mr. Mellon’s dual contributions and seemingly split loyalties. The pro-Kennedy super PAC has distributed quotations from the hard-to-reach Mr. Mellon, and for a blurb that appears on the cover of Mr. Mellon’s upcoming book, Mr. Kennedy called the billionaire a “maverick entrepreneur.”

    It is not clear what Mr. Mellon’s mega-donation means for his support of Mr. Kennedy going forward. He has so far toggled between giving to support both candidates. His most recent donation to Mr. Kennedy’s super PAC was a $5 million contribution in April.

    But Mr. Mellon’s $50 million gift will significantly help pro-Trump forces narrow the financial advantage that President Biden and his allies have enjoyed so far. Miriam Adelson, the casino billionaire and widow of Sheldon G. Adelson, who died in 2021, has also made plans to fund a pro-Trump super PAC with at least as much money as the $90 million that her family gave in the 2020 campaign, although much of the cash has yet to arrive.

    Mellon’s contributions follow Donald Trump‘s conviction in a hush money trial.

    Critics argue that the case is politically motivated and based on an overly broad interpretation of campaign finance laws. They add that such payments are common among public figures seeking to avoid public scrutiny.

    The Mellon family‘s wealth started when an Irish immigrant named Thomas Mellon founded T. Mellon & Sons’ Bank in Pittsburgh in 1869. His sons, Andrew W. Mellon and Richard B. Mellon, later grew the bank into a strong financial institution. This bank eventually became Mellon Financial Corporation, one of the largest banking institutions in the United States.

    During the late 19th and early 20th centuries, Andrew Mellon played a crucial role in financing and supporting key industries such as aluminum, oil, and steel, contributing to the growth of major corporations, such as Gulf Oil, and Union Steel. As secretary of the Treasury from 1921 to 1932, his influence shaped the economic policies of the 1920s, known as the Mellon Plan, which contributed to the economic boom of the decade.

    National Photo Company Collection, Public domain, via Wikimedia Commons

    In 2007, Mellon Financial Corporation merged with The Bank of New York to form BNY Mellon, one of the world’s largest asset management and securities services companies, preserving their 150-year legacy in banking and finance.

    Article Published With The Permission of American Liberty News

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