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Warren Seeks SEC Investigation into How Trump Landed SPAC Deal

Nov. 18, 2021, 5:20 PM

Donald Trump’s bid to recapture his social media presence is facing scrutiny from Senator Elizabeth Warren over reports that the blank-check company merger the former president used to raise millions of dollars may have skirted securities rules.

Warren, a constant adversary of Trump’s when he occupied the White House, wants the Securities and Exchange Commission to investigate whether October’s merger between Trump Media and Technology Group and Digital World Acquisition Corp. was in the works long before the special purpose acquisition company sold shares.

The Massachusetts Democrat said she’s concerned that Digital World’s chief executive officer may have held talks ...