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Report: Brothers Plead Guilty To Insider Trading Tied to Trump Media Company

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    Arrest image via Pixabay

    Two brothers pleaded guilty in federal court Wednesday for their roles in an insider trading scheme.

    Florida venture capitalist Michael Shvartsman, 53, and his brother, Gerald, 46, each pleaded guilty to one count of securities fraud, which carries a maximum sentence of 20 years in prison. U.S. District Judge Lewis Liman set the brothers’ sentencing hearing for July 17.

    According to the Department of Justice, the brothers obtained confidential information about details of the deal, including the timeline of its announcement, and then bought millions of dollars’ worth of DWAC securities on the open market before the merger with Trump Media went public.

    The Hill reports:

    “Michael and Gerald Shvartsman admitted in court that they received confidential, inside information about an upcoming merger between DWAC and Trump Media and used that information to make profitable, but illegal, open-market trades,” U.S. Attorney Damian Williams said in a press release Wednesday from the Department of Justice.

    “Insider trading is cheating, plain and simple, and today’s convictions should remind anyone who may be tempted to corrupt the integrity of the stock market that it will earn them a ticket to prison,” Williams added.

    The Shvartsmans were arrested last June, along with a third individual, Bruce Garelick, who had worked at Michael Shvartsman’s Rocket One Capital venture firm. Garelick, who was placed on DWAC’s board of directors, is accused of providing critical information to the brothers about the forthcoming deal in 2021. Garelick is set to go to trial at the end of this month.

    Amanda Head: This is How You Buy an Election

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      President Joe Biden knows he doesn’t have the charisma, intellect, or command to win over the American people so he’s resorted to trying to buy us off.

      See exactly what Amanda means below.

      Trump Suggests CNN ‘Go Conservative’ Offers to Help Squash Fox News

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        CNN Headquarters via Wikimedia Commons

        Former President Trump is reigniting his feud with Fox News. Over the weekend Trump called out the right-leaning cable news network for “pushing Democrats and the Democrat agenda” on TRUTH Social. However, while Trump is no stranger to fighting with Fox News his next message is what truly surprised his supporters.

        Trump suggested that far-left news network CNN, which is in the midst of a massive re-branding under new President Chris Licht, “go conservative” and he even offered to help. In his TRUTH message, Trump said the move rightward would likely be a “goldmine” for CNN, but that doesn’t mean Licht is ready to take any business advice from Trump.

        According to Mediaite:

        Wow! Fox News is really pushing the Democrats and the Democrat agenda. Gets worse every single day. So many Dems interviewed with only softball questions, then Republican counterparts get creamed. RINO Karl Rove is unwatchable, very negative, and on all the time – Has a big record of losing! Not an easy place to be as a Republican, especially with all of the “pervert” purchased ads. If “low ratings” CNN ever went Conservative, they would be an absolute gold mine, and I would help them to do so!

        Trump’s taking issue with “RINO Karl Rove” is nothing new. His openly calling out the programming of Fox News isn’t new either. However, it comes at a time when Fox News’s editorial hand is being somewhat forced by President Joe Biden’s Thursday night speech that called out the extremist nature of MAGA Republicans.

        Fox News opinion programming will need to decide whether they are throwing in with the MAGA side of the GOP or will be more interested in a more traditional Republican platform and personality. We know what Trump and his followers want, but the decision will likely come from following what presents a bigger audience and greater revenue windfall.

        Woman Who Admitted Trump Death Threats To Secret Service Released By Judge

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        A woman arrested last month for allegedly making death threats against President Donald Trump has been released by a federal judge who has clashed with the Trump administration several times this year.

        Federal Chief Judge James Boasberg ordered the release of 50-year-old Nathalie Rose Jones under electronic monitoring and instructed her to visit a psychiatrist in New York City once she obtains her personal belongings from a local police station.

        Her release comes after U.S. Magistrate Judge Moxila Upadhyaya had ordered her held without bond, citing alarming conduct, including online posts proclaiming willingness to “disembowel” Trump and stage his arrest, and statements admitting she would kill him with a bladed weapon at “the compound.”

        Jones took part in a “dignified arrest ceremony” for Trump at a protest in Washington, D.C., which circumnavigated the White House complex and was arrested following an investigation into her series of concerning Instagram and Facebook posts. 

        In early August, Jones labeled Trump a terrorist, referred to his administration as a dictatorship, and stated that Trump had caused extreme and unnecessary loss of life in relation to the coronavirus

        “I am willing to sacrificially kill this POTUS by disemboweling him and cutting out his trachea with Liz Cheney and all The Affirmation present,” an Aug. 6 post directed at the FBI states.

        The next day, Jones voluntarily agreed to an interview with the Secret Service, during which she called Trump a “terrorist” and a “nazi,” authorities said. 

        She said that if she had the opportunity, she would kill Trump at “the compound” if she had to and that she had a “bladed object,” which she said was the weapon she would use to “carry out her mission of killing” the president.

        Following the protest in Washington, D.C on Aug. 16, Jones was interviewed again by the Secret Service, during which she admitted that she had made threats towards Trump during her interview the previous day. 

        She was charged with threatening to kill, kidnap, or seriously hurt the president and sending messages across state lines that contained threats to kidnap or harm someone.

        However, Jones’s lawyers argued their client was unarmed and had no real desire to follow through with the threats, appealed Upadhyaya’s detention decision, and Boasberg overturned Upadhyaya’s detention order.

        U.S. Attorney for Washington, D.C., Jeanine Pirro, whose office pushed for the indictment, blasted the jury’s refusal on Tuesday.

        “A Washington D.C. grand jury refused to indict someone who threatened to kill the President of the United States. Her intent was clear, traveling through five states to do so,” Pirro told Fox News in an exclusive statement. 

        “She even confirmed the same to the U.S. Secret Service. This is the essence of a politicized jury. The system here is broken on many levels. Instead of the outrage that should be engendered by a specific threat to kill the president, the grand jury in D.C. refuses to even let the judicial process begin. Justice should not depend on politics,” Pirro added.

        Judge Boasberg’s Background
        Judge Boasberg, a Barack Obama appointee, has repeatedly clashed with the Trump administration. In March, he issued a restraining order halting deportations of Venezuelans under the 1798 Alien Enemies Act, ordering planes to return to U.S. soil and demanding an investigation into compliance. He later threatened contempt proceedings, prompting appellate review and momentum that led to Supreme Court rulings affirming due‑process requirements. Trump publicly labeled Boasberg a “Radical Left Lunatic” and sought his impeachment. Additionally, Trump‑aligned officials, including AG Pam Bondi, filed a complaint over Boasberg’s remarks warning of a constitutional crisis and criticizing the administration—remarks Bondi argued had no factual basis and undermined judicial impartiality. (RELATED: DOJ Files Complaint Against Judge Boasberg Over Anti-Trump Comments, Deportation Case Actions)

        Recent Assassination Attempts Targeting Donald Trump

        1. Butler, Pennsylvania Rally — July 13, 2024

        • What happened: Former President Trump was addressed at a campaign rally near Butler, PA, when 20‑year‑old Thomas Matthew Crooks opened fire from a nearby rooftop with an AR‑15‑style rifle. Trump was grazed in the upper right ear; one attendee, firefighter Corey Comperatore, was killed, and two others critically injured. Secret Service counter‑snipers neutralized Crooks seconds after he began firing.

        Aftermath & investigations: A House task force released a report by December 2024. A Government Accountability Office audit (July 2025) found that the Secret Service failed to share vital threat intelligence internally, and suffered planning and communication breakdowns. Senate Judiciary Chair Chuck Grassley criticized entrenched mismanagement and cited funding under a recent bill to help rebuild the agency. Meanwhile, six Secret Service agents received suspensions—the longest up to 42 days—for their roles in the security failure. The agency has since overhauled protocols, including deploying drones and increasing law enforcement coordination.

        2. West Palm Beach, Florida Golf Course — September 15, 2024

        • What happened: While golfing at his Trump International Golf Club, Trump was threatened by 59-year‑old Ryan Wesley Routh. The suspect was seen aiming a rifle from shrubbery. A Secret Service agent intervened, no shots were fired at Trump, and Routh fled but was later detained.
        • Legal proceedings: Routh faces federal charges including attempting to assassinate a major presidential candidate. He remains in custody, and a federal trial is scheduled to begin September 8, 2025.

        READ NEXT: Trump Calls for RICO as the Answer to Sanctuary City Chaos

        These 5 Republicans are Refusing to Back McCarthy for Speaker

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          House Minority Leader Kevin McCarthy delivers remarks at the 2021 Capitol Christmas Tree lighting ceremony in Washington DC, December 1, 2021. USDA Forest Service photo by Tanya E. Flores.

          Current House Minority Leader Kevin McCarthy is facing unexpected pushback as he seeks to become House Speaker when Republicans officially re-take control of Congress in January.

          So far, five Republican lawmakers have publicly announced they do not plan to support McCarthy’s campaign to become Speaker and he will need every vote he can get with Republicans holding a smaller-than-expected majority.

          The GOP is expected to wind up with a 222-seat majority in January, compared to an estimated 213 seats for Democrats. If all 435 members of the House are present and voting for speaker in January, McCarthy can lose no more than four Republican votes. 

          These are the 5 Republicans jeopardizing McCarthy’s rise to the Speaker’s podium:

          Rep. Matt Gaetz

          Florida Rep. Matt Gaetz via Gage Skidmore Flickr

          “House Republicans need a leader with credibility across every spectrum of the GOP conference in order to be a capable fighting force for the American people,” said Rep. Matt Gaetz (R-FL). “That person is not Kevin McCarthy.” 

          Rep. Andy Biggs

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

          Arizona Rep. Andy Biggs initially cast doubt on McCarthy’s bid for Speaker after Republicans saw lackluster midterm results. The House Freedom Caucus chairman is now directly challenging McCarthy to become Speaker himself.

          “I think we need to have a real discussion about whether he should be the speaker or not,” Biggs told reporters the Thursday after Election Day.

          “I think that his statement recently that we shouldn’t impeach Secretary Mayorkas indicates that maybe we’re not going to be as aggressive going forward as we should be. I think we need to have a very positive statement of what we’re going to accomplish and do, and I haven’t seen that yet,” he added. “That’s — those are things that I think we should have a very frank discussion internally about, where we’re going to be going forward.”

          Rep. Matt Rosendale

          Montana Rep. Matt Rosendale has also expressed his doubts over McCarthy’s potential Speakership but hasn’t ruled out voting for him or for Rep. Biggs.

          “Each member of Congress has earned and deserves equal participation in the legislative process,” said Rosendale. 

          Rep. Matt Rosendale

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

          South Carolina Rep. Ralph Norman has also made it clear he won’t be casting his vote for McCarthy regardless of any concession the California lawmaker plans to make.

          “I’m not going to support Kevin McCarthy,” Norman told Just the News. “Washington is broken. There’s a cancer in this country, and it can’t be fixed with aspirin. It’s called overspending. When you’re bankrupt, you can’t function as a country.”

          Rep. Bob Good

          House Creative Committee, Public domain, via Wikimedia Commons

          Virginia Rep. Bob Good also signaled he will take a hard stance against McCarthy this January.

          “I believe we have at least a dozen or so that are strong, courageous, that will do what needs to be done on the House floor to ensure that we get an improvement in the speaker situation,” Rep. Good said to the “John Fredericks Show.”

          Biden Campaign Discreetly Meets With Top Haley Supporters After Trump Endorsement

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            The White House, Public domain, via Wikimedia Commons

            On Wednesday night, just hours after the former South Carolina governor and U.S. ambassador to the United Nations declared her support for Donald Trump in the upcoming November election.

            The Daily Beast has the latest on the underreported pilgrimage and what it means for both sides:

            In the previously unreported meeting, a Biden campaign representative listened to the concerns of top Haley supporters from various states as part of Bidenworld’s ongoing outreach to win over Haley voters.

            “The fact they actually sent someone last night to speak to a small group … I think that’s a good signal that they’re aware there are huge numbers of Haley voters out there,” Robert Schwartz, founder of the Haley Voters For Biden PAC, told The Daily Beast. Schwartz said the meeting was highly encouraging, and likened it to other listening sessions the Biden campaign has done with the pro-Palestinian uncommitted vote.

            The Biden campaign did not immediately return a request for comment on the meeting.

            Ever since the GOP primary wrapped up, the Biden team has identified Haley voters as a key persuasion target with a unique set of key issues, particularly around Trump’s attacks on democracy and the general notion of restoring decency to the office. The Biden campaign has continued trying to refine their definition of a persuadable Haley voter over the past few months, focusing on paid media, Haley’s margins in key battleground precincts from the primary, and simply listening to their concerns.

            Haley’s shift towards Trump comes after her strong opposition to him during her own presidential bid.

            When Haley suspended her presidential campaign over two months ago, she did not endorse Trump. The decision to withhold support appeared to be a strategic move to establish her as a principled opponent within the party, hoping to attract the 20% of Republicans who backed her and others dissatisfied with Trump. Notably, Haley stated in yesterday’s remarks that although she intends to vote for Trump, he must do more to court her supporters. (RELATED: Trump Denies Considering Nikki Haley For Vice President)

            Wednesday’s announcement sparked considerable speculation. Some observers hypothesized that she hopes to secure a significant role in a future Trump administration. Another possibility is that Haley is laying the groundwork for a future White House bid. Refusing to support Trump would alienate the vast majority of the GOP base, making it difficult for her to gain traction in a future primary campaign – especially if he loses.

            Despite Trump securing the necessary delegates to be the Republican nominee, many Never Trump voters have continued casting their ballots for Haley. (RELATED: Haley’s Pennsylvania Primary Showing Could Spell Trouble For Trump)

            Polls indicate that while some Never Trump voters remain resolute in their opposition, many are willing to support Trump in November, driven by more pragmatic considerations, such as the economy or judicial nominees.

            The extent to which they rally behind the former president could make all the difference in the election’s outcome. Voter apathy remains a concern for both sides in closely contested states.

            Article Published With The Permission of American Liberty News

            Pelosi Leaves Door Open To Impeachment If Dems Retake Power

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            Gage Skidmore Flickr

            Former House Speaker Nancy Pelosi declined to rule out a future impeachment effort against President Donald Trump if Democrats regain control of Congress, leaving the decision to a potential new majority while emphasizing that the party’s immediate focus remains on policy priorities.

            In an interview Tuesday with MSNBC’s Ali Vitali, Pelosi was pressed on whether Democrats would consider impeaching Trump during his second term, particularly amid ongoing voter concerns about “corruption.” While she did not directly endorse such a move, Pelosi made clear that the possibility would ultimately depend on the actions of a future Congress.

            “Well, I think that, I’m not, that’s just not where we’re starting with this, but when we get power, we will have power to go there to do what we said we’re going to do, lower the cost of living. Some people say you should use other language, but lower the costs of living, A. B, fix what they have done to the healthcare system with their trillion dollars from Medicaid, half a trillion dollars for Medicare, and the money from SNAP. I do believe that food is medicine as well, especially for children, and again fight their corruption. So that’s what we’re setting out to do,” Pelosi said.

            Recent polling has fueled speculation about a potential shift in power. Several surveys show Republicans facing a difficult midterm environment, with Democrats gaining ground in key battleground districts and generic ballot polling tightening or tilting left. That has raised the stakes of questions about what Democrats might do if they reclaim the House.

            Vitali followed up, asking Pelosi directly whether she believes Trump has committed impeachable offenses in his second term.

            “We have a convicted felon who’s president of the United States. That was then, this is now. I think, that that’s subject to review. But I don’t think that’s something, that’s not where you start. That’s what you have to do because of what he has done. That’s subject a great review. We had great review as to what were the grounds for impeachment. And that’s up to a new Congress to come to that decision. But the fact is that, people want to know what we’re doing for them,” Pelosi responded.

            Pelosi repeatedly emphasized that impeachment is not a political starting point but a process that requires evidence and deliberation.

            “You’re asking about what comes next. That’s up to the new Congress. And that’s up to them to decide where we go of reviewing what he’s done. And that requires power, all the kinds of things that build a case. It’s not just about, ‘I feel like doing this,'” she added.

            Trump, for his part, has already predicted that Democrats would pursue impeachment if they regain control, framing it as a likely political outcome of a Democratic victory in November. His allies have echoed that warning, arguing that impeachment would be a central focus of a Democratic-led House.

            Pelosi, however, sought to contrast that narrative by stressing economic and policy concerns as the party’s primary message heading into the midterms. She pointed to lowering costs, restoring healthcare funding, and addressing nutrition programs as top priorities.

            The former speaker also reiterated that she has no regrets about leading the House in impeaching Trump twice during his first term, decisions she has long defended as necessary and grounded in evidence.

            Her comments mark a notable shift from late 2025, when she told USA Today’s Susan Page that there was not sufficient cause at that time to pursue impeachment again.

            “If he crosses the border again,” Pelosi said in that earlier interview. “But that’s not an incidental thing. You say, ‘We’re going to do that.’ No, there has to be cause. There has to be reason. We had review. This was a very serious, historic thing.”

            Pelosi, who announced she will not seek re-election when her term ends in January 2027, appears to be leaving the question of impeachment deliberately open-ended—framing it as a decision for future lawmakers rather than a defined campaign promise, even as political pressure builds on both sides ahead of a potentially pivotal midterm election.

            Widely-Rumored 2028 Democrat Presidential Contender Takes His Name Out of Consideration

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            P0120021CK-1111: President Joe Biden delivers his inaugural address Wednesday, Jan. 20, 2021, during the 59th Presidential Inauguration at the U.S. Capitol in Washington, D.C. (Official White House Photo by Chuck Kennedy)

            One down…

            Over the weekend, a popular Democrat governor widely believed to be a top 2028 presidential contender officially took his name out of the running.

            Maryland Gov. Wes Moore (D) on Sunday said he is “not running for president” in ’28 — knocking out one of the top contenders to lead the Democratic ticket, three years before the election.

            Moore, while appearing on NBC’s Meet the Press, was asked by host Kristen Welker if he plans on serving a full term if he wins reelection as governor next year. He told Welker he does plan on serving the full four-year term — leading her to clarify that means he is removing himself from the ’28 field.

            “Do you rule out a run for president, governor?” Welker asked him.

            “Yeah, I’m not running for president,” Moore responded.

            She responded: “You rule it out?”

            Moore then told her “Yes, I’m not running for president.”

            At that point, Welker asked him once again to clarify his intentions, asking if he “completely” ruled it out.

            Here is what Moore said:

            “I’m so excited about what we’re doing. That we’ve gone from 43rd in the country in unemployment to now one of the lowest unemployment rates. We’ve had amongst the fastest drops in violent crime anywhere in the United States of America. Our population is growing. Maryland is moving, and so I’m really excited about going back in front of the people of my state and asking for another term.”

            Watch:

            Last month, Kalshi betting market put Moore at 6% odds to be the party’s nominee — which came in fourth behind California Gov. Gavin Newsom (D) at 20%, Rep. Alexandria Ocasio-Cortez (D-NY) at 15%, and former Transportation Secretary Pete Buttigieg (D) at 10%. The president site Polymarket also had Moore as a top five contender.

            In 2024, the Maryland Governor faced controversy after falsely claiming to be a Bronze Star recipient on a 2006 White House fellowship application. 

            Moore, who was 27 years old when he applied for the White House position, blamed his Army superiors for the inclusion of the falsehood on the application and said he never corrected the mistake because he was eager to “begin the next phase” of his life, in a statement released after the New York Times reported on the embellishment. 

            “These are the facts,” the Maryland governor wrote in his lengthy statement. “While serving overseas with the Army, I was encouraged to fill out an application for the White House Fellowship by my deputy brigade commander. In fact, he helped me edit it before I sent it in. At the time, he had recommended me for the Bronze Star. He told me to include the Bronze Star award on my application after confirming with two other senior-level officers that they had also signed off on the commendation.” 

            Moore noted that his deputy brigade commander “felt comfortable with instructing me to include the award” on the application because he was under the impression that the medal for heroic or meritorious service had already been “approved by his senior leadership.” 

            “In the military, there is an understanding that if a senior officer tells you that an action is approved, you can trust that as a fact. That is why it was part of the application, plain and simple,” the governor explained. 

            “Towards the end of my deployment, I was disappointed to learn that I hadn’t received the Bronze Star. But I was ready to begin the next phase of my life,” Moore continued. 

            Moore deployed to Afghanistan as a lieutenant with the 82nd Airborne Division in 2005, according to his official governor’s biography

            Moore was ultimately awarded the Bronze Star in December 2024 for his deployment to Afghanistan.

            Trump PAC Launches DeSantis ‘Pudding Fingers’ Attack Ad

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              A pro-Trump Super PAC has launched an ad going after Florida Gov. Ron DeSantis (R).

              Last month, left-leaning The Daily Beast reported that DeSantis was struggling to be personable with supporters and staff alike, and two sources told the outlet that the governor was once spotted on a private plane eating a cup of chocolate pudding with three fingers.

              The new ad uses the incident to dig at DeSantis — former President Trump’s expected 2024 GOP primary rival — for his previous positions on cutting the social safety net.

              “Ron DeSantis loves sticking his fingers where they don’t belong. And we’re not just talking about pudding,” the ad reads over unsettling footage of a faceless man eating chocolate pudding with his fingers. 

              “DeSantis has his dirty fingers all over senior entitlements, like cutting Medicare, slashing Social Security, and even raising our retirement age.”

              “Tell Ron DeSantis to keep his pudding fingers off our money,” the ad finishes, “Oh, and get this man a spoon!”

              Tucker Carlson Unveils Next Career Move

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                Photo via Gage Skidmore Flickr

                A new challenger to cable news will arrive today.

                Tucker Carlson is set to launch his own streaming service for $9 per month, which might go live as early as Monday morning.

                The eponymously named Tucker Carlson Network has five shows planned in the first few weeks. Its logo is a red pill with the initials TCN.

                The network’s leadership comprises of Carlson confidants; with Neil Patel as CEO, Justin Wells as the network president and Carlson as the face of the operation, hosting multiple shows. The network’s programming will feature long-form interviews, commentaries and investigative reporting.

                Carlson revealed his reasons for challenging the status quo in a press release Monday morning:

                “News coverage in the West has become a tool of repression. Reporters no longer reveal essential information to the public; they work to hide it. We plan to tell the truth about things that matter – clearly and without fear.”

                Wells expressed gratitude to Elon Musk’s X for amplifying Carlson’s message following his dismissal from Fox News and stated that Carlson isn’t leaving the social network:

                “Tucker has maintained an important connection with the audience on X. We look forward to continuing that relationships but also providing people with even more video content through Tucker Carlson Network.”

                The Wall Street Journal further reports:

                Carlson and his team explored launching TCN through X, but the company wasn’t able to move quickly enough to build out the technology they needed to run a subscription service, the people said.

                X declined to comment.

                Carlson will continue to post the service’s free content on X. His media company will also launch a new podcast, “The Tucker Carlson Podcast,” which will feature audio versions of that content.

                Carlson’s team is exploring distributing the service through streaming-TV apps independently and through X, one of the people said. 

                The network is currently only accessible through TuckerCarlson.com.

                This article was republished with permission from American Liberty News.