Remember this guy?
The inside the House fighter for Trump during an 2018 Russian probe by Robert Mueller ….
Rep. Devin Nunes, a close ally of former President Donald Trump and the former chair of the House Intelligence Committee, will resign from Congress later this month to run Trump’s new social media company.
Nunes (R-Calif.), a 10-term Republican first elected in 2002, ascended to chair the committee in 2015. But he recused himself temporarily from an inquiry into Russia’s involvement in the 2016 presidential election while the ethics committee examined his handling of the committee’s investigation.
While the independent commission charged with redrawing California’s congressional map is still completing its work, an early draft tilted Nunes’ Central Valley district toward Democrats, potentially complicating his path to reelection.
Trump Media & Technology Group said in a statement Monday that Nunes would become CEO of the company in January.
“The time has come to reopen the Internet and allow for the free flow of ideas and expression without censorship,” Nunes said in the statement. “The United States of America made the dream of the Internet a reality and it will be an American company that restores the dream.”
While Trump’s fledgling media company makes a logical landing spot for Nunes given his closeness with the former president — and their shared animosity toward the mainstream media — Trump’s media entity is also facing legal headwinds. The Securities and Exchange Commission and the Financial Industry Regulatory Authority are scrutinizing a special purpose acquisition company working with Trump Media & Technology Group….
Judd Legum
@JuddLegum
I’ve been digging into Trump’s new media company, which is really more a mirage than a company, and one fun fact is that Rep. Marjorie Taylor Green (R-GA) invested 15-50K in the company in October and has already lost at least half her money — and maybe a lot more!