The Securities and Exchange Commission is corrupt. The S.E.C. is politically motivated. Defund the S.E.C.
Some shareholders of Digital World Acquisition Corp. have had it with the commission, the nation’s top securities cop, and they are airing their views loudly. Last October, the blank check company agreed to merge with Trump Media and Technology Group, the parent company of Truth Social, the Twitter-like social media platform backed by former President Donald J. Trump. Within weeks, the S.E.C. announced an investigation. One year later, the deal still hasn’t closed.
People claiming to be angsty shareholders have taken to posting the social media equivalent of hate mail on Truth Social, attacking the S.E.C. and calling its investigation a political move. The hashtag #DWACtheSEC, a reference to Digital World’s stock symbol and a play for some on the word “whack,” is trending. There are calls to “defund the S.E.C.” Shareholders are preparing to petition the commission to end the “garbage” inquiry and approve the deal. There is even a call to pray for Digital World on a weekly video show on Rumble, a right-wing streaming media site that is a business partner of Trump Media.
Source: ‘Defund the SEC’ Becomes a Rallying Cry on Trump’s Social Media Site – The New York Times
