CNBC's Kayla Tausche joins Fast Money to report that Rep. Devin Nunes is leaving Congress to become the CEO of the Trump Media & Technology Group. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi 

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 fight 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. On Saturday, 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.

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Over the course of 75 years, Donald Trump amassed a pile of assets—skyscrapers, hotels, golf courses and so on—worth an estimated $2.5 billion, after subtracting debt. Then, in practically no time at all, he conjured up a new business, the Trump Media and Technology Group, which hasn’t done much yet but plans to launch a social media company and various other ventures. Investors are already suggesting it’s worth about $10 billion.

The people valuing Trump’s enterprise at this price are everyday stock pickers. They still can’t purchase shares in the Trump Media and Technology Group, but they can buy stock in a pile of cash—also known as a special purpose acquisition company, or SPAC—that plans to merge with Trump’s business. News of the merger sent shares in the SPAC soaring from about $10 to $60 apiece over the last four weeks.

If the stock remains at $60, the SPAC shareholders will be left with an estimated $2.2 billion interest in the combined company after the merger. Investors in 15 million warrants tied to the SPAC will be sitting on another $300 million. The current owners of Trump’s company—it’s not yet clear what the former president’s personal interest is in the business—will receive an estimated 86 million shares as part of the deal, worth $5.1 billion. And, assuming shares consistently stay above $30 over the course of about a month and a half after the merger, the owners of Trump’s group will receive an additional 40 million shares, worth $2.4 billion at today’s prices. In total, that all adds up to $10 billion.

Read the full story on Forbes: https://www.forbes.com/sites/d....analexander/2021/11/

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La fiscal de Nueva York, Letitia James, llamó a declarar a Donald Trump en el marco de la investigación por presunto fraude. Por su parte, el expresidente estadounidense señaló que se trata de un “intento desesperado” por imputarle un delito.

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Courts have handed down two significant judgments. One in an alleged hate-crime case involving actor Jussie Smollett, and another regarding former President Donald Trump's efforts to block the Committee investigating the January 6th attack on the US Congress, from accessing White House documents. A Chicago jury found Smollett guilty on five of six counts in relation to staging a hate crime in January 2019 and lying to police investigators about the incident. While a Federal Appeals Court on Thursday rejected Trump's claim of Executive Privilege in order to block a House of Representatives Committee from accessing White House records related to the attack on the Capitol. Sherwin Bryce-Pease has more.

For more news, visit sabcnews.com and also #SABCNews #Coronavirus #COVID19News #Covid-19Vaccination #Vaccine on Social Media.

With the GOP's seat open for a 2024 presidential bid, CNN analyzes how the "Trump effect" will dominate upcoming elections.
#CNN #News

To the United States now where Courts have handed down two significant judgments - one in an alleged hate-crime case involving actor Jussie Smollett and another regarding former President Donald Trump's efforts to block the Committee investigating the January 6th attack on the US Congress from accessing White House documents. A Chicago Jury found Smollett guilty on five of six counts in relation to staging a hate crime in January 2019 in the same city and lying to police investigators about the incident. This comes as a Federal Appeals Court Thursday rejected Trump's claim of Executive Privilege in order to block a House of Representatives Committee from accessing White House records related to the attack on the Capitol. Sherwin Bryce-Pease reports.

For more news, visit sabcnews.com and also #SABCNews #Coronavirus #COVID19News #Covid-19Vaccination #Vaccine on Social Media.

A federal appeals court judge denied former President Donald Trump's request to conceal documents related to the end of his presidency. CBS News correspondent Zak Hudak joins CBSN AM with more on this and the latest on the House select committee's investigation into the Capitol riot.

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Katy Tur talks to Washington Post Political Investigations Reporter Josh Dawsey, NBC News Investigations Correspondent Tom Winter, and former Assistant Manhattan District Attorney Rebecca Roiphe about New York AG's request for testimony from Donald Trump, in an ongoing criminal probe into the Trump organization.

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#Trump #NewYork #TrumpOrg

El diario The Washington Post aseguró que la fiscal citó al exmandatario el 7 de enero próximo, en el marco de la investigación civil sobre presuntos delitos fiscales de la Trump Organization

#FraudeFiscal #DonaldTrump

Para información más detallada visítanos en https://www.eluniversal.com.mx/

24 hours before the January 6th insurrection, Donald Trump's White House circulated a PowerPoint presentation laying out various options to try and keep Trump in office, even though he had lost the election. Glenn Kirschner joins Zerlina to discuss what it means for the Jan. 6 investigation.

Zerlina.: Incisive and timely coverage of politics and current events, through in-depth conversations that unpack the latest developments in this era's breakneck news cycle and draw back the curtain on their real-world consequences.

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Rachel Maddow updates the story of injured American soldiers being shut out of applying for Purple Hearts despite being injured in an Iranian missile attack while Donald Trump denigrated their injuries, with new reporting that the Army has agreed to award Purple Hearts to 39 of those soldiers. 
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#MSNBC #Trump #PurpleHeart

Rachel Maddow points out Donald Trump's standard operating procedure of using appeals and other court delays to to ease his way out of trouble, and notes that in the case of the January 6th Committee's investigation, the courts are moving too quickly to keep the investigation away from Trump much longer. 
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#MSNBC #Trump #January6

When former President Trump contracted Covid-19 last fall, the world recorded his every move… and it turns out the information being put out from his White House grossly downplayed the severity of his condition. In the latest episode of The Point, CNN’s Chris Cillizza discusses why these new revelations still matter as Trump’s grip on the GOP remains strong.

SOURCES AND FURTHER READING:
Trump's blood oxygen levels were at a 'dangerously low level' during 2020 Covid-19 diagnosis, ex-chief of staff says
https://www.cnn.com/2021/12/07..../politics/trump-covi

Seven days: Following Trump’s coronavirus trail
https://www.washingtonpost.com..../politics/trump-coro

The White House medical team isn't giving straight answers on Trump's health
https://www.cnn.com/2020/10/03..../politics/white-hous

Donald Trump sends a very clear message to Ron DeSantis: Stay out of 2024!
https://www.cnn.com/2021/10/04..../politics/donald-tru

About me:
I was named "best dressed" in 7th grade. That, along with being CNN's editor at large and author of the daily "Point" newsletter are my proudest achievements. Look for me here every Tuesday and Thursday to find out what’s really going down in politics.

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A U.S. appeals court rejected a request by former President Donald Trump to withhold records from the House of Representatives probe of the deadly January 6 attack on the Capitol, saying Trump had provided ‘no basis’ for his request.

#Trump #January6 #Capitolattack #News #Reuters

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Former President Donald Trump railed against his one-time close ally Benjamin Netanyahu in a new interview series, saying he felt betrayed by the then-prime minister of Israel's call to Joe Biden congratulating him on winning the presidency. #CNN #News

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T-Pain wins The Masked Singer

» Stream Amaarae - Sad Girlz Luv Money Remix (Lyrics) ft. Kali Uchis & Moliy: https://open.spotify.com/track..../15HMh4yxdf4wyxSZSlO
? listen to the best tiktok playlist: https://www.youtube.com/playli....st?list=PL8q1rV0m6tZ
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» Lyrics:
[Pre-Intro: Kali Uchis]
Kali Uchis
Oh, there's dollars all around
Dolla, dolls bills, yeah
Dolla, dolla bills (Kali)
Yeah, you've been staring at me
But que me mires
I don't really know how long now

[Intro: Moliy]
I feel like there's nothing in my way
All this money on me it feels amazing
In the Range Rover I'm racing
Me and your nigga still dating
I don't wanna talk I'm dancing dancing

[Verse 1: Moliy]
I don't need no fake love
No I don't need no favor
I know my time go come
Just me and my maker
I'm gonna make the paper
I'm gonna make the paper
I'm gonna make dollar bills
I'm gonna get paid yeah

[Chorus: Moliy]
Get the fuck outta my way
I'm gonna get paid yeah
I wanna get paid yeah
Just gimme my moolah-la-la
Get the fuck outta my way
I'm gonna get paid yeah
I'm gonna get paid yeah
Just gimme my moolah-la-la

[Post-Chorus: Moliy]
I really like to party
I really like to party
I really like to party
I cannot control my body
So when this song is starting
Just cancel all your plans oh
It's evident in my dancing
Moonwalk like Michael Jackson

[Verse 2: Kali Uchis]
I really like your body, I really like your body
I don't know why you hide it
I wanna see it, behind me
You know you don't gotta lie to me
Yo quiero sentirte inside of me
Todo el día imaginándote
Lo quiero pa' mí to' la noche
And you know I don't need no favors
You know I don't need no fake love
I'm that bitch on and off of the cameras
Type of bitch few people can handle
And I walk like I know my pussy dangerous
Talk like my words are made of angel dust
When I whisper to you in a couple languages
Lo que quiero, papi, es besos en la espalda, pues
Como cien millón de besos todo el día
That's the only thing que me da alegría
Sabes que yo quiero hacerte cosas sucias
Y quemarte con estas caricias
Tu lengua en todo mi cuerpo
Cuando termines te quedas por dentro
Tu lengua en todo mi cuerpo
Y cuando termines te quedas por dentro

[Chorus: Moliy]
Get the fuck outta my way
I'm gonna get paid yeah
I wanna get paid yeah
Just gimme my moolah-la-la
Get the fuck outta my way
I'm gonna get paid yeah
I'm gonna get paid yeah
Just gimme my moolah-la-la

[Verse 3: Amaarae]
I really like to party
I really like your body
I really wanna get naughty
I think your such a hottie
Slow dancing in the party
Oya spray me the money
Book a flight to Miami
Baby take me out the country
Why you wanna act like Leo
Like you don't love me please oh
Like you don't spend money
Like you don't eat my pussy
To the left to the right
To the front with it
Go yea yea yea
I know that's right
If the money's going up
Say yea yea yea

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#Amaarae #KaliUchis #Moliy

Credit to the rightful owner

Hrithik and Madhuri Dixit-"#LoveYouRaja"

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