A report that claims Donald Trump is no longer on the board of directors of Trump Media and Technology Group, the parent company of Truth Social, has been dismissed as “fake news” in a statement by the platform.
According to Chris Anderson of the Sarasota Herald-Tribune, President Trump, along with his son Donald Jr, and former White House assistants, were all removed from the board of directors of Trump Media and Technology Group on June 8. Anderson cited “state business records” in his report.
Anderson claimed that according to the sources of information, former Congressman Devin Nunes was listed as the CEO of the Truth Social parent company, with the only other board member being Phillip Juhan, a businessman, despite Trump having been chairman of the board.
The Herald-Tribune reporter wrote that the alleged removal of Trump and others from the board came only a few weeks before TMTG received a subpoena from the SEC on June 27, and a second federal subpoena from a grand jury in the Southern District of New York on July 1.
The subpoenas, Anderson argued, “appear to be related to a proposed merger between [TMTG] and a blank-check company called Digital World Acquisitions Corp,” citing an apparent “recent regulatory filing.”
However, the entire crux of the story was dismissed in a statement on the official Truth Social account on the platform, claiming that President Trump was absolutely still on the board of the company, and had never been removed:
“Contrary to an ‘exclusive’ fake news story filed by a reporter who is incapable of understanding state business records, Donald Trump remains on the board of Trump Media and Technology Group. In fact, the reporter acknowledges that Trump’s title is ‘chairman,’ but apparently has no clue what a chairman presides over. Hopefully this helps clarify things.”
President Trump or his team have yet to comment on the report, and Truth Social denies that Trump has separated from the project, though a federal filing seems to suggest it is true.
