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The Latest Breaking News from Devin Nunes

Trump Media erases all 2024 stock gains days before Donald Trump can cash out his $1.95B stake

Donald Trump's stake is still worth nearly $2 billion, but fears he might follow its CEO Devin Nunes and sell stock is weighing on sentiment.

Fortune

Trump Media Stock Gains 30% Following Failed Assassination Attempt

Trump Media has gone through volatile trading throughout the election season. After Trump's conviction, stocks plummeted to almost 50%.

International Business Times

House speaker appoints two Trump loyalists to intelligence committee

Scott Perry and Ronny Jackson installed by Mike Johnson at direction of Trump, apparently without consulting chair

The Guardian - US

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Parent Company Of Trump's Truth Social Posts $328 Mln Loss

TMTG, which recently went public, posted a net loss of $327.6 million from January to March, compared with $210,300 in net losses for the same period last year, according to a company statement.

Latin Times

Parent Company Of Trump's Truth Social Posts $328M Loss

Trump Media and Technology Group, which owns former US president Donald Trump's social media platform Truth Social, lost more than $300 million in the first quarter of 2024, it said Monday.

International Business Times

Trump Media asks GOP to look into short

CEO Devin Nunes asks his former GOP colleagues to look into "unlawful manipulation" from short sellers

Salon

Trump has dodged financial calamity – for the time being

Don’t hold your breath on Trump testifying in his own defense. It would likely be embarrassing, if not perjurious

The Guardian - US

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Citadel fires back at Trump Media CEO

A spokesperson for Citadel calls Nunes a "proverbial loser"

Salon

Trump Media alerts Nasdaq of suspected market manipulation to drive down stock price

The company, which owns Truth Social, described what he believes to be "naked" short selling

Latin Times

Trump’s media company loses a third of value after initial surge in trading

Stock has become actively shorted as traders are betting on company’s fall, and the ex-president’s stake is now valued at $3bn

The Guardian - US

Interesting Speech or Debate Clause Issue in Devin Nunes' Libel Lawsuit Against NBC

From yesterday's opinion by Magistrate Judge Sarah Netburn (S.D.N.Y.) in Nunes v. NBCUniversal Media, LLC: The discovery issues before the Court may present questions of first impression. Because the parties did not adequately address these matters, the Court requests additional briefing. Specifically, the Court seeks supplemental briefing on who is…

Reason

Trump Media Libel Lawsuit Against Washington Post Dismissed, but Might Be Refiled With More Detailed "Actual Malice" Allegations

From today's opinion in Trump Media & Technology Group Corp. v. WP Co. LLC, decided by Judge Tom Barber (M.D. Fla.): This lawsuit for defamation by Plaintiff Trump Media & Technology Group Corp. ("TMTG") against Defendant WP Company LLC (the "Post") arises from an article titled "Trust linked to porn-friendly…

Reason

House poised to censure Rep. Adam Schiff over Trump-Russia investigations

Democratic Rep. Adam Schiff of California is facing censure from the U.S. House

The Independent UK

Rumble: A haven for QAnon supporters

In many ways, the platform is serving as a "bridge to extremism," a media watchdog says

Salon

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The Independent UK

Judge says Nunes not defamed by story about Iowa dairy farm

A federal judge says former U.S. Rep. Devin Nunes was not defamed by articles published by Esquire magazine about his family’s Iowa dairy farm

Reason

Ryan Lizza Prevails in District Court Against Devin Nunes (and Nunes' Family Members) in Nunes v. Lizza

The 101-page decision is at Nunes v. Lizza. The bottom line: [D]efendants' motion for summary judgment … is granted as to NuStar plaintiffs' claim of defamation (Count I), granted as to NuStar plaintiffs' claim of defamation by implication (Count II), and granted as to Nunes' claim of defamation by implication…

Reason

Devin Nunes Sues for Libel Over "Investigators Examined Trump Media for Possible Money Laundering" Article

This is Nunes' latest libel lawsuit, just filed yesterday in Florida state court; I'm too slammed to write about it in detail, but I thought I'd pass along the Complaint (Nunes v. Guardian News & Media Ltd.). Here's the start of the Statement of Material Facts: 11. On March 15,…

The Guardian - US

Federal investigators examined Trump Media for possible money laundering, sources say

New York prosecutors expanded criminal inquiry of company last year and examined acceptance of $8m with suspected Russian ties

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Reason

Conservatives at CPAC Criticize—and Misunderstand—Section 230

A senator, a state attorney general, and a former congressman excoriated the law while getting much of it wrong.

The Independent UK

Trump claims ‘millions and millions’ followed his SOTU commentary after sharing 48 posts in 73 minutes

“Tremendous numbers of people signed on to hear my ‘Play by Play’ of the SOTU Speech,” Trump claims

Tribune News Service

Not couch cushion money: Former members sitting on $54 million

Members of the 117th Congress who have since left Capitol Hill still hold nearly $54 million in leftover political money — cash they may tap to make contributions as lobbyists or bank for future runs.

Roll Call

Not couch cushion money: Former members sitting on $54 million - Roll Call

Former senators and representatives in the 117th Congress had a combined $54 million unspent in political accounts they control on Dec. 31.

Reason

Devin Nunes' Libel Claim Over Rachel Maddow Show Broadcast Can Proceed for Now, as to One Assertion

From today's decision in Nunes v. NBCUniversal Media, LLC by Judge P. Kevin Castel (S.D.N.Y.): Plaintiff Devin Nunes, a former Member of the House of Representatives, alleges that he was defamed by defendant NBCUniversal Media, LLC. According to Nunes, statements made on the March 18, 2021 broadcast of The Rachel…

Miami Herald

Behind the scenes of how Trump’s Truth Social was born, and how it could fall apart

Former President Donald Trump’s quest to establish a Florida-based social media platform as a conservative alternative to Twitter will face a critical vote on Monday when investors decide whether to extend a deadline allowing more time for the federal government to sign off on the deal.

Ballotpedia

Two candidates running in the Nov. 8 general election for California’s 22nd Congressional District

California State Assemblymember Rudy Salas (D) and U.S. Rep. David Valadao (R) are running in the general election for California’s 22nd Congressional District on November 8, 2022. Heading into the election, the incumbent is Republican Connie Conway, who was first elected in a special election on June 7, 2022, to…

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