Donald Trump, during his tenure on the board of Truth Social’s parent company, Trump Media & Technology Group (TMTG), reportedly orchestrated the firing of both Democratic board members, Debra Shugan Drodge and Wes Moss. The firings occurred in June, leaving the board entirely comprised of Trump loyalists.
The dismissals were reportedly unexpected, with no clear explanation provided to the board members at the time. Drodge and Moss were initially appointed to bring political balance and expertise to the company as it navigated regulatory hurdles, particularly concerning its merger with Digital World Acquisition Corp (DWAC). Their departures raise concerns about the company’s adherence to governance norms and potential political bias.
Sources suggest the firings underscore Trump’s complete control over TMTG and his willingness to remove dissenting voices. The move could potentially complicate TMTG’s efforts to gain regulatory approval for its merger with DWAC, which is essential for TMTG to access vital funding. The SEC and Justice Department are already investigating the DWAC merger, and the board shakeup could intensify scrutiny.
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