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Truth Social Parent's Stock Drops 6% After Donald Trump Moves His $4 Billion Stake To A Trust
Dec 20, 2024 View Original Article
- Bias Rating
26% Somewhat Conservative
- Reliability
50% ReliableAverage
- Policy Leaning
36% Somewhat Conservative
- Politician Portrayal
5% Positive
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By creating an account, you agree to our Terms and Privacy Policy, and subscribe to email updates. Already a member: Log inBias Score Analysis
The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.
Sentiments
Overall Sentiment
26% Positive
- Liberal
- Conservative
| Sentence | Sentiment | Bias |
|---|---|---|
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Reliability Score Analysis
Policy Leaning Analysis
Politician Portrayal Analysis
Bias Meter
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-100%
Liberal
100%
Conservative
Somewhat Conservative
26%
Contributing sentiments towards policy:
72% : Nunes was also selected to lead the President's Intelligence Advisory Board, though Trump noted Nunes would remain at the company.68% : Trump made transfers to the trust in February 2016 while he campaigned for president, SEC filings show, and Trump made more transfers -- including various real estate holdings, assets and liabilities -- just before his inauguration in 2017, according to his then-accounting firm Mazars.
57% : Trump has a net worth valued at $6 billion, making him the 525th-richest in the world, according to our latest estimates.
52% : Donald Trump moved his roughly 57% stake in Trump Media & Technology Group to his revocable living trust, according to a recent regulatory filing -- raising the possibility his shares could be traded during his presidency by his oldest son -- causing shares in the Truth Social parent to slide 6% while cutting about $200 million from the president-elect's net worth.
33% : Trump could be trying to avoid accusations down the road of having conflicts of interest by distancing himself from the trust.
32% : Trump has said he would not sell his stake, even as other Trump Media executives -- including CEO Devin Nunes and Philip Juhan, the company's CFO -- announced plans to do so.
32% : Trump does not hold an executive position with the company, though he has named two of its board members to roles in his administration.
26% : But many experts then said the trust wouldn't really protect Trump from accusations he can be influenced by it since his family and close associates still ostensibly ran it.
*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.
