For MAGA Investors, Taking Stock in Trump’s Truth Social Is Not About Returns

$3.5 billion

The Washington Post notes that supporters of Donald Trump “investing in Truth Social is less a business calculation than a statement of faith in the former president and the business traded under his initials, DJT. … Even the company’s plunging stock price — and the chance their investments could get mostly wiped out — doesn’t seem to have shaken that faith. The company has lost $3.5 billion in value since its public debut last month.”

House GOP Unhappy with Speaker Johnson’s Preachifying During Leadership Retreat

GOP Speaker Johnson preaching
GOP Speaker Johnson preaching

Boredbat.com: Members of House Republican leadership expressed frustration at Speaker Mike Johnson after a GOP leadership retreat over the weekend, organized to outline plans for keeping the majority, quickly turned into a religious service.

“I’m not at church,” an anonymous attendee said in response to Johnson leading the group in prayers and Christian sermonizing. According to two people in the room the sermon was not well received, with one Rep. calling the session “horrible.”

Johnson was reportedly railing against government, saying that without God in their lives people will turn to the government for guidance. The sermon lasted for a full third of the meeting according to the anonymous members.

“I think what he was trying to do, but failed on the execution of it, was try to bring us together,” the anonymous source said. “The sermon was so long he couldn’t bring it back to make the point.”