Truth Social CEO shut down the rumors that former President Donald Trump will be leaving his own social media platform on Mornings with Maria Wednesday.
After reports emerged this week, host Maria Bartiromo asked former California Congressman Devin Nunes if Trump is ending his exclusivity deal with Truth Social to freely post on Twitter and Facebook ahead of his 2024 campaign.
Of course, Nunes said no, of course not. We've told the press that Donald Trump can't post on social media if he wants to. He has a six hour exclusivity. The president is very happy with Truth Social. Two Trump confidantes told Rolling Stone that the former president has no plans to renew the exclusive deal with Truth Social in June, as he focuses on clinching the 2024 Republican nomination.
There isn't going to be a need for that, according to Trump, a verified associate on the contractual obligation.
He said there was an expiration date and he didn't want to make commitments, a second associate told the outlet.
Nunes claimed this story is about the tenth time that it has been recited in the media.
It's a classic lesson in the swamp and how fake news narratives are started, Nunes said. The Trump campaign went to Facebook and Instagram to say, Look, we need to be able to use your platform. The CEO said that it would only be obvious for the former and potential president, who can't advertise or operate on those platforms, to approach the companies ahead of campaign season.
The former president had previously told Fox News Digital in October that he wouldn't be rejoining Twitter after Chief Twit Elon Musk reinstated his account, stressing that he would stay on his own Truth Social, a social media platform that he praised as better, safe and feels like home. I like Elon and I wish him a lot of luck. Trump said he is staying on Truth, and I hope he does well with it. I like the way it works, I like Elon, but I am staying on Truth. Nunes also called out the Biden administration for allegedly being stonewalling the company's efforts to go public via the SPAC deal, arguing that the SEC under Gary Gensler won't do it. The scandal here that is not being talked about and that they refuse to talk about is that we are a private company. We merged with a SPAC, and we're trying to merge, which is a financing mechanism. The job of the Securities and Exchange Commission is to protect shareholders. Their job is to help in capital formation, Nunes said. They're not going to allow it to happen because it's Trump.