Trump Media replaces Nunes as Truth Social CEO after stock plunge that wiped out billions
Eric Trump is involved in a new business venture targeting federal contracts for U.S. manufacturers.
SOURCE CHECK
TAP FOR WHYOutlet credibility · PBS92/100 HIGH
28 stories · 90–93 · updated Sep 25, 2026
This article1 analysis · Apr 23, 2026
Cites Associated Press
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Associated Press97/100 HIGH
411 stories · 96.5–97.3 · updated Sep 25, 2026
This is Associated Press's own score. The Source Check scores are for PBS and this article.
Published Apr 23, 2026
tl;dr
Devin Nunes has been replaced as CEO of Trump Media & Technology Group following a massive stock plunge that wiped out $6 billion in investor wealth.
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SWIPE →ALSO MENTIONED Donald Trump Jr., Executive at a related shell company
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