Donald Trump's Truth Social business applied for the foreign worker visa that the former president called ‘very bad' and tried to restrict [Fortune]
Trump Media & Technology Group Corp. (DJT)
Company Research
Source: Fortune
administration and which many of his allies want him to curtail in a potential second term. Trump Media & Technology Group , the company behind Truth Social, filed an application in June 2022 for an H-1B visa for a worker at a $65,000 annual salary, the lowest wage category allowed under the program. Federal immigration data shows the company was approved for a visa a few months later. The company says it did not hire the worker. Filing for the visa sets the image of Trump the candidate, who has proposed a protectionist agenda for companies to “hire American,” in conflict with Trump the businessman, who has said his companies will use every tool at their disposal. Records show the investment firm started by Trump's son-in-law and White House adviser, Jared Kushner, also filed an application and was approved to hire a foreigner as an associate under the same visa program. Trump Media & Technology Group said in a statement the application “was made under prior management,” even th
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DJT
News
- Trump Media Reports $770,000 in Revenue for First Quarter and Large Losses [The New York Times]The New York Times
- Trump Media lost $327.6 million in the first quarter of the year on revenue of just $770,500 [MSNBC.com]MSNBC.com
- Trump media company lost more than $327m in first quarter [Yahoo! Finance]Yahoo! Finance
- Trump Media Reports $327M First Quarter Loss, Posts Revenue of Just $770K [Yahoo! Finance]Yahoo! Finance
- Trump Media Reports Lackluster Revenues and Large Losses [The New York Times]The New York Times
DJT
Sec Filings
- 5/20/24 - Form 10-Q
- 5/20/24 - Form 8-K
- 5/15/24 - Form NT
- DJT's page on the SEC website