Recent SEC filings reveal that large institutional investors have significantly boosted their investments in Trump Media and Technology Group (TMTG), raising questions about the influence of big business on Donald Trump. Despite TMTG's financial struggles, these investments seem to signal support and a desire to foster favorable relations with Trump's administration. Critics, including monitor groups like Accountable.us, highlight that Trump's failure to divest from his businesses contributes to perceptions of cronyism, especially as some investors have connections to Trump and Republican causes.
Donald Trump's refusal to divest from his publicly traded company has predictably prompted huge investments from wealthy special interests that could use a favor from the president.
Institutional Wall Street investors and even a foreign company with business before the administration have effectively offered a form of tribute by bulk purchasing shares in DJT on the open market, which helps juice the value of Trump's own shares.
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