Trump Media & Technology Group Stock Sale Raises Ethical Questions
Former U.S. Attorney General Pam Bondi's substantial stock sale of Trump Media & Technology Group shares on the same day as significant market-moving announcements has triggered scrutiny over potential conflicts of interest.
Former U.S. Attorney General Pam Bondi has drawn attention after selling between $1 million and $5 million worth of Trump Media & Technology Group stock on April 2, 2025, coinciding with President Donald Trump's announcement of new tariffs that impacted market conditions.
The transaction, detailed in Bondi's financial disclosure forms, has raised significant ethical concerns due to its timing and Bondi's previous consultancy role with Digital World Acquisition Corp., the special purpose acquisition company that facilitated Trump Media's public listing.
While Bondi was legally required to divest her holdings within 90 days of her attorney general confirmation, the specific circumstances of this stock sale have prompted calls for further investigation into potential insider trading or conflict of interest.
As of May 21, 2025, Trump Media & Technology Group's stock was trading at $19.45, showing a 2.1% increase from the previous market close. The company, known for its social media platform Truth Social, continues to position itself as an alternative technology platform emphasizing free expression.
The stock sale highlights ongoing questions about transparency and ethical standards in financial transactions involving high-profile political figures and their business ventures.