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Trump Extends Lead Over Harris on Polymarket Despite Polls
Despite recent polls showing a narrowing race, Donald Trump has maintained his lead over Kamala Harris in the Polymarket prediction market. As of July 22, 2023, Trump’s odds of winning the presidency stand at 62%, while Harris remains at 38%. This divergence between polls and the prediction market suggests that investors may be taking a more pessimistic view of Harris’s chances than the general public.
Trump’s SPAC eyes new payday despite massive selloff
Donald Trump’s SPAC, Digital World Acquisition Corp (DWAC), is poised to grant him a hefty payday, despite a $4.5 billion selloff in its stock value. The former president is entitled to a potential $2.8 billion in earn-out payments if the company’s stock price surpasses certain targets, according to regulatory filings. This is in addition to the $1.2 billion he already cashed out through stock sales. The development underscores the controversial nature of SPACs, with critics arguing they provide an opaque and potentially lucrative avenue for insiders.
Trump’s day is looking up as media stock soars and court offers a lifeline
Donald Trump’s day improved on Monday as Fox News’ stock rose and a court provided him with a lifeline. The former president’s media company’s stock, Digital World Acquisition Corp., increased by almost 30% after it was reported that he would be interviewed by Sean Hannity on Fox News soon. Additionally, a Florida appeals court temporarily blocked a lower court’s order requiring Trump to testify under oath about his handling of classified documents. Trump hailed the decisions, calling them “great victories.
Trump won’t reappoint Powell if elected president
In a recent announcement, Republican nominee Donald Trump confirmed that he will not reappoint Federal Reserve Chair, Jerome Powell, if elected as President. Citing policy disagreements and questioning Powell’s leadership, Trump emphasizes the need for a new approach to monetary policy. This decision, if realized, marks a departure from the traditional practice of keeping the same Fed Chair across administrations.
Trump Owns Even More Crypto Than First Known, New Documents Show
New documents obtained by “The Post” show that President Trump has extensive crypto investments far beyond the $30 million reported earlier this year. Sources close to the president believe the investments could exceed $150 million.