Donald Trump 's chief of staff Mark Meadows says he is willing to put 'all his money' on the former president making another bi...
Donald Trump's chief of staff Mark Meadows says he is willing to put 'all his money' on the former president making another bid for the White House.
Meadows, who was considered one of Trump's closest allies in office, said he is talking to the businessman multiple times a week and believes he will run again.
He told SiriusXM's The Wilkow Majority: 'If I were a betting, man … I would tell you to loan me all your money. I would put all my money in, and I would bet that he's running again.
'He's in, and we will count on him running.'
The former North Carolina representative added that Trump is not taking any pleasure in Joe Biden's difficulties in office.
Donald Trump's chief of staff Mark Meadows says he is willing to put 'all his money' on the former president making another bid for the White House
Meadows, who was considered one of Trump's closest allies in office, said he is talking to the businessman multiple times a week and believes he will run again
He said: 'I don't work for President Trump any longer, but we do talk multiple times a week.
'And I can tell you, he is not taking joy in it. In fact, he says that we've got to do something about it.
'He's giving advice. He's wishing that Democrats would take advice, but sadly, they want to go the other way.'
Trump has hinted that he could run again in 2024 and is using his America First agenda to endorse candidates he wants to win in the midterm elections in 2022.
He remains popular among Republican voters and speculation remains that he could launch a reelection bid.
The former president has repeatedly claimed at rallies of late that he has to wait until after the 2022 midterm election to announce due to 'campaign finance laws.'
He is now investing his energy into his new social media venture Truth Social which has got off to a rocky start after shares tumbled.
The former president has repeatedly claimed at rallies of late that he has to wait until after the 2022 midterm election to announce due to 'campaign finance laws'
Trump claimed he's the 'only person in America' equipped to challenge Big Tech 'censorship' as he tore into 'wildly aggressive censorship' on existing social media platforms and decried 'cancel culture' as 'un-American.'
Through his new company, Trump Media & Technology Group, the ex-president made a lengthy statement outlining why he was launching a social media site, which he said was 'about saving our country.'
'The more I looked into this problem, the more I realized that to restore free speech, a major new platform would have to enter the market, with an ironclad commitment to protecting vigorous debate from all sides,' Trump said.
He added that any plan that's 'totally independent of Big Tech's infrastructure' would be costly and need to 'rapidly attract millions of users, welcoming not only Republicans to join, but Independents and Democrats as well.'
'It’s a tremendously difficult set of challenges—and I realized I might be the only person in America with the megaphone, the resources, the experience, and the desire to make it all happen,' he said.
'So with the same “can-do” spirit that has always allowed Americans to persevere, that is exactly what I am doing.'
Trump accused Big Tech leaders of acting as an 'oligarchy' and vowed to welcome people of all political affiliations to his new social media site
But his company may have hit some early financial struggle when the firm that plans to list it publicly saw its value drop more than 19 percent as of Tuesday afternoon
He railed against instances of alleged Big Tech censorship including his own removal off Facebook and Twitter at the hands of 'a small oligarchy of tech titans' as well as Twitter blocking the New York Post's report on Hunter Biden's laptop just weeks before Election Day.
'We’ve seen vital reporting about Joe and Hunter Biden’s foreign business dealings—information that voters needed and deserved to hear—ruthlessly suppressed and erased from the internet just weeks before a presidential election. And as everyone knows, we’ve seen a sitting president of the United States effectively silenced by a small oligarchy of tech titans and “mainstream” media corporations,' Trump said.
Trump went even further and blamed 'cancel culture' for the numerous crises Joe Biden has seen under his presidency so far.
'Most obvious are the many catastrophes unfolding under the current administration: the calamitous Afghanistan withdrawal, the disaster at the Southern Border, runaway inflation, and the multi-trillion-dollar socialist spending nightmare, just to name a few,' he said.
Trump struck an unusually inclusive tone when he pledged his site would be home to 'people of all political stripes, and all different viewpoints, to come and participate once again in the great American debate' and that it would be 'as free, vibrant, lively and diverse as America itself.'
Trump's social media company Truth Social is set for a wide launch in early 2022
Trump Media & Technology Group, the launchpad for Truth Social, aims to also roll out a streaming service, web services and payment processing companies, according to the ex-president.
Trump Media & Technology Group has no revenue or tested business plan but has raised nearly $300 million in investor cash.
But the company has hit early turbulence when stocks in Digital World Acquisition Corp (DWAC), the company that's publicly listing Trump's business on the market, sunk more than 19 percent since the start of the day - after having shot up more than 800 percent late last week.
The shares had closed down just under 11 percent on Monday, the day short-seller Iceberg Research said it was betting against the company.
On Friday the stock rose 107 percent to $94.20 after hitting a session high of $175. On Thursday it had risen 356.8 percent with some market specialists likening trading in DWAC to a meme-stock trading frenzy led by Reddit message board WallStreetBets earlier this year.
The forum was again filled with posts celebrating wins and lamenting losses over the stock's wild market swings Thursday into Friday. Many thanked 'Daddy Trump' and mocked Joe Biden with the alt-right meme 'Let's go Brandon.'
But on Monday a company called Iceberg Research announced it was betting against DWAC's massive surge.
'Now that initial excitement has passed, we see only risks for investors in near future. Based on Trump's track record, at current price, renegotiation is likely to keep more of the merged company for him,' the company posted on Twitter.
Truth Social got off on a rocky start last week when its beta site was hacked hours after it was announced.
Tech reporters were able to find the site, despite its URL not being public yet, and set up mock accounts representing Trump and Mike Pence.
Trump, who is chairman of Trump Media & Technology Group, had announced the site would launch in early 2022.
The public URL was soon taken offline and fake accounts were promptly banned.
Additionally, pranksters made a fake Trump account and used it to post the meme image of 'pig poop balls,' according to Washington Post reporter Drew Harwell.
Trump ramped up his accusations about Big Tech 'censorship' early this year after being kicked off of Facebook and Twitter after the Capitol riot
The TRUTH Social app is currently available for pre-order on the Apple App store, with plans to launch a beta version for testers in November.
On Trump Media & Technology Group's website, the company outlines its goal to 'create a media powerhouse to rival the liberal media consortium and fight back against the Big Tech companies of Silicon Valley.'
It aims to disrupt a broad swath of media businesses, naming Facebook, Amazon, Apple, Netflix and Google among others.
Alongside his social media site Trump also aims to launch an on-demand streaming service called TMTG+ which promises to provide 'non-woke entertainment.'
A 22-page presentation publicly available on the company site details why it claims the circumstances are right for its brand, without going into how it intends to see those ambitious goals through.
Other stocks linked to the former Republican president also tumbled on Tuesday. Shares of Phunware, a company hired by Trump's 2020 Presidential reelection campaign to build a phone app, were recently down 31.7 percent at 4.89 after it filed for a $48.5 million at-the-market (ATM) equity program.
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