Trump no longer holds an executive title at the Trump Organization, which has been run by his two eldest sons since his 2016 election win. It has also signed an agreement with LIV Golf, controlled by the Saudi sovereign wealth fund, and has hosted several LIV events on Trump-owned golf courses. "There's nothing stopping, say, the Saudi wealth fund, the Emirati wealth fund, the Kuwait wealth fund -- which all do major investments in technology stocks... from pouring hundreds of millions of dollars into the stock," he said. Trump owns nearly 53 percent of the Trump Media Technology Group (TMTG), the parent company of his Truth Social platform. "I think it'll be a much more transactional presidency, because there are no obstacles," Hass said of Trump's second term.

Source: Bangladesh Sangbad Sangstha November 13, 2024 04:43 UTC