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Dec 6 - GOP Rep. Devin Nunes resigns from Congress to become CEO of Trump’s media company



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 2 months ago '08        #1
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Dec 6 - GOP Rep. Devin Nunes resigns from Congress to become CEO of Trump’s media company
 

 
Rep. Devin Nunes, R-Calif., will resign from Congress to become chief executive of former President Donald Trump’s fledgling social media company next month, the group said Monday.

Nunes, the top Republican on the House Intelligence Committee, will start as CEO of Trump Media & Technology Group, or TMTG, in January, the firm said in a press release.

Nunes, who boasts being a dairy farmer, will begin his new career despite having no apparent prior experience working in the tech industry or as an executive.

The press release came hours after documents revealed that the special purpose acquisition company — or SPAC — that plans to merge with Trump’s company is being investigated by the Securities and Exchange Commission. The SEC and another regulator had asked the SPAC, Digital World Acquisition Corp. or DWAC, for information about the lead-up to the deal with TMTG being announced.

Shares of DWAC rose more than 7% in after-hours trading following the announcement that Nunes had been tapped to lead TMTG.

Nunes is just the second member of the 117th Congress to resign before the end of his term. If the GOP regains majority control of the House in the 2022 midterm elections, Nunes would have been in line to become chairman of the powerful, tax-writing Ways and Means Committee.

“I’m humbled and honored President Trump has asked me to lead the mission and the world class team that will deliver on this promise,” Nunes said in the press release.

A spokesman for the congressman did not immediately respond to CNBC’s request for comment.

Nunes, 48, has represented California’s 22nd congressional district in the San Joaquin Valley since 2003. The San Joaquin Valley Sun, which first reported Nunes’ departure from Congress, noted that California’s redistricting maps showed Nunes may have faced a tougher reelection f*ght in 2022.

Nunes led the House Intelligence Committee from 2015 to 2019, when Republicans controlled the chamber. He garnered a reputation as a staunch defender of Trump’s during the special counsel probe of Russian election interference and possible coordination between Russia and the Trump campaign, and later during Trump’s first impeachment in the House.

In his final month in office, and just two days before the deadly Jan. 6 invasion of the Capitol, Trump awarded Nunes the Presidential Medal of Freedom. Nunes was one of the 147 House Republicans who voted to challenge President Joe Biden’s Electoral College victory after the pro-Trump mob had been cleared out of the building.

Trump’s company has shared generic, thinly detailed plans to launch a platform called “Truth Social,” which it presents as a future competitor of Twitter and other social media giants. Two days earlier, TMTG and DWAC announced an agreement to raise $1 billion in “committed capital” from a group of unnamed investors in a so-called PIPE, or private investment in public equity, that would be received once the two firms consummated their deal.

Nunes’ own biography on his congressional website shows little experience in his pre-congressional career that would clearly transfer to the work of a tech CEO.

His bio notes he worked from childhood on a family farm, and that he bought farmland with his brother after starting a harvesting business with savings he accumulated from raising cattle as a teenager.

Nunes graduated from California Polytechnic University in San Luis Obispo with a bachelor’s degree in agricultural business and a master’s degree in agriculture. Before running for Congress, then-President George W. Bush in 2001 tapped Nunes to serve as California’s director of rural development for the federal Department of Agriculture.


visit this link https://www.cnbc.com/2021 .. a-company.html
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16 comments
 

 2 months ago '20        #2
Xiox  topics gone triple plat - Number 1 spot x1
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Good

 2 months ago '16        #3
foshoVoodoo  topics gone triple plat - Number 1 spot x59
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 2 months ago '04        #4
ohhohh 
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n*gga hired a p*ss poor Congressman/Dairy farmer to run tech for his media company.


You can't make this sh*t up.
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 2 months ago '16        #5
Proveone  topics gone triple plat - Number 1 spot x4
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He gon get paid, his seat will go to another right wing nut job. And possibly get a vp nod come 2024
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 2 months ago '17        #6
SPdaGOAT  topics gone triple plat - Number 1 spot x6
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These type moves so hilarious lol.

 2 months ago '06        #7
ehizzy3  topics gone triple plat - Number 1 spot x1
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Thank god dude had the most punchable face
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 2 months ago '21        #8
FleshAxe  topics gone triple plat - Number 1 spot x3
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2024 is a lock for the great 21st century politician
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 2 months ago '10        #9
Bigg_Slime  topics gone triple plat - Number 1 spot x44
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Goat sh*t

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 2 months ago '12        #10
OldBusiness  topics gone triple plat - Number 1 spot x4
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 Proveone said



He gon get paid, his seat will go to another right wing nut job. And possibly get a vp nod come 2024
Company will probably fold in a year or two or never materialize, and Trump will just sue his way out of paying them like he’s done with countless other companies he’s opened before

For you conspiracy theorist out there Nunes had some serious ties to quite a few bullsh*t things happening during the Trump admin…interesting this move happens when Mike Pence just had his top staffer who Trump beefed with and banned from the Whitehouse on Jan 7th…Start fully cooperating
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 2 months ago '06        #11
ehizzy3  topics gone triple plat - Number 1 spot x1
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 OldBusiness said
Company will probably fold in a year or two or never materialize, and Trump will just sue his way out of paying them like he’s done with countless other companies he’s opened before

For you conspiracy theorist out there Nunes had some serious ties to quite a few bullsh*t things happening during the Trump admin…interesting this move happens when Mike Pence just had his top staffer who Trump beefed with and banned from the Whitehouse on Jan 7th…Start fully cooperating
Any links on that last part bro
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 2 months ago '12        #12
OldBusiness  topics gone triple plat - Number 1 spot x4
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 ehizzy3 said
Any links on that last part bro
Not just a top staffer but his chief of staff, it’s on most news sites now but:

Short was with Pence for most of January 6, including after the vice president was rushed out of the Senate chamber and moved to a safe location beneath the Capitol. Rioters had broken in to stop the certification of the presidential election, and some were chanting "hang Mike Pence."

Short was also in the Oval Office on January 4, when Trump and conservative attorney John Eastman tried to convince Pence to delay the counting of the Electoral College votes.

Angry with Short's role in backing Pence's refusal to comply, Trump told others that he banned Short from the White House after the Capitol riot, as CNN previously reported.




They finally got someone who was in the room.
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 2 months ago '06        #13
ehizzy3  topics gone triple plat - Number 1 spot x1
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 OldBusiness said
Not just a top staffer but his chief of staff, it’s on most news sites now but:







They finally got someone who was in the room.
So nunes was in Trumps ear and he’s getting out now before he gets exposed? He seems like the type that would just f*ght it with a smirk.

I’m glad they are making some progress tho. . The “silence” from that committee is worrying a lot of people. I know it’s only been 11 months but sh*t, people need to be held responsible before the midterms.
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 2 months ago '07        #14
Damagegadget  topics gone triple plat - Number 1 spot x1
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 ohhohh said
n*gga hired a p*ss poor Congressman/Dairy farmer to run tech for his media company.


You can't make this sh*t up.
Even worse that anyone would ever quit anything to be chumps fall guy like how many fraud schemes and arrests need to happen before people stay away from that con


Since the eighties New Yorkers been saying not to do business with him

And to your point if you knew you weren’t qualified to do this and you are offered the position w/o question you know you are involved in some bs
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 2 months ago '07        #15
Damagegadget  topics gone triple plat - Number 1 spot x1
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 ehizzy3 said
So nunes was in Trumps ear and he’s getting out now before he gets exposed? He seems like the type that would just f*ght it with a smirk.

I’m glad they are making some progress tho. . The “silence” from that committee is worrying a lot of people. I know it’s only been 11 months but sh*t, people need to be held responsible before the midterms.
Not happening.. this is just to keep Americans f*ghting each other and corporations and politicians paid

As I’ve been saying trump is a Democratic plant if there is some deep state conspiracy
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 2 months ago '06        #16
OJ's_sword 
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 ohhohh said
n*gga hired a p*ss poor Congressman/Dairy farmer to run tech for his media company.


You can't make this sh*t up.
Can't wait for the Netflix doc when all this comes crushing down....the clowns involved will prolly blame Antifa or Chaaaaayna for it.
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 2 months ago '04        #17
D1nOnlyMrM@  topics gone triple plat - Number 1 spot x3
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 ohhohh said
n*gga hired a p*ss poor Congressman/Dairy farmer to run tech for his media company.


You can't make this sh*t up.
4o run a company to look legit to hide his shell company
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