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Trump Media Announces New Push Into Finance to Support the 'Patriot Economy'

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The operator of the social-media platform Truth Social and video-streaming platform will add financial services and fintech brand Truth.Fi to its portfolio.
Trump Media & Technology Group (TMTG) has announced plans to expand into financial services, aiming to create a "Trump Card" and other financial products to support what they call the "Patriot Economy." This initiative is part of a broader strategy to cater to consumers who feel underserved by current financial institutions, which TMTG perceives as biased against conservative viewpoints. The company intends to offer services like banking, money transfers, and debit cards, potentially in collaboration with a yet-to-be-named bank. This move is seen as an attempt to leverage the political and cultural divide in the U.S., providing financial tools that align with the values of Trump supporters. The announcement comes amidst ongoing legal and financial challenges for TMTG, including a merger with Digital World Acquisition Corp. which has faced delays and scrutiny from regulatory bodies.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/trump-media-announces-new-push-into-finance-to-support-the-patriot-economy/ar-AA1y41eW ]