Pam Bondi’s Surprising Stance on Truth Social During AG Confirmation

Pam Bondi's Surprising Stance on Truth Social During AG Confirmation

(DailyChive.com) – Pam Bondi’s Senate confirmation depends on her pledge to divest Truth Social stock, offering insight into her potential role as Donald Trump’s Attorney General.

At a Glance

  • Pam Bondi, nominated for Attorney General, promises to divest over $1 million in Truth Social stock if confirmed.
  • Her investment in Trump Media & Technology Group is tied to previous consulting work.
  • Federal law requires divestiture to prevent conflict of interest in government positions.
  • The Senate, with a Republican majority, will vote on her confirmation.

Divestment Plan and Financial Disclosure

Pam Bondi, the nominee for Attorney General by President-elect Donald Trump, has committed to divesting her stock holdings in Truth Social’s parent company. If confirmed by the Senate, Bondi will offload over $1 million in shares of Trump Media & Technology Group. These holdings were part of her compensation as a consultant. Federal law mandates such divestments to prevent potential conflicts of interest, indicating her compliance with legal requirements.

Financial disclosures reveal the extent of Bondi’s connections with Trump Media. She holds shares valued between $1 million and $5 million and has additional warrants. Bondi obtained these stakes through her role with Renatus LLC, which later merged with Trump Media in 2024. In her disclosures, she earned significant income from various lobbying and consulting roles, illustrating her post-Florida Attorney General career path.

Implications of Confirmation

If the Senate confirms her, Bondi promises to avoid any decision-making that might affect Trump Media’s financial interests, adhering to ethical guidelines until her divestment is complete. “I will divest my interests in Trump Media & Technology Group, as soon as practicable but not later than 90 days after my confirmation,” she stated in her disclosure documents.

Her financial report indicates a total net worth of $12.1 million with her husband. During confirmation, Bondi has emphasized transparency and dedication to ethical standards. She has resigned from several positions to clear conflicts, including roles at SOMA Global and Newsmax. Her nomination came after Rep. Matt Gaetz withdrew, aligning her closely with Trump’s administration.

Future Outlook and Senate Dynamics

The Senate, under GOP control, has the numbers to confirm presidential nominees with a simple majority. Bondi’s hearings began recently, with expectations high for her confirmation. Her past role as Florida Attorney General and subsequent career as a lobbyist are pivotal. She reported a $1 million income from Ballard Partners and significant earnings from other organizations, underscoring her professional influence.

In response to concerns of potential bias, Bondi insisted on ethical adherence and a clear separation from past engagements with Trump Media. As she navigates this crucial confirmation period, her promise to divest is central to overcoming hurdles and assuming the Attorney General role ethically and without conflict.

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