A Republican congressman who blamed Trump for inciting an uprising has just invested thousands in his new social media company
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Indiana Representative Larry Bucshon invested between $ 1,000 and $ 15,000 in Trump’s new social media venture.
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But on Jan. 7, he blamed Trump’s “dangerous rhetoric” for inciting an uprising.
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Bucshon joins right-wing representative Marjorie Taylor Greene as being among the first to invest in SPAC.
Republican Rep. Larry Bucshon of Indiana, who unequivocally condemned former President Donald Trump for inciting an uprising the day after it happened, is now the 2nd House Republican investing in Trump’s new social media venture.
It is according to new financial information submitted to House Clerk and signed by the Indiana Republican on Monday, revealing that he invested between $ 1,000 and $ 15,000 dollars in Digital World Acquisition Corp, SPAC for Trump’s “TRUTH Social” media company.
CNBC reported that this is the first investment Bucshon has unveiled since 2013. He joins the rep. Marjorie Taylor Greene, the first member of Congress to invest in the company, which spent between $ 15,000 and $ 50,000 on stock purchases.
It’s a surprising turnaround for the Indiana congressman who has been in Congress since 2011. January 7, Bucshon released a statement blaming Trump for inciting an uprising.
“I can not tolerate this dangerous rhetoric from the president,” Bucshon said at the time. “Words matter, and many of the president’s supporters took him literally, resulting in the attempted revolt.”
He also said he had planned to object to state electoral votes, but changed his mind after the storm of the Capitol.
“I was prepared to join some of my colleagues in protesting against certain states that clearly had electoral process issues and / or concerns to advance the debate on a path to today,” he said. “Because of this, along with the President’s actions yesterday and his harsh unfounded criticism of my friend, Vice President Mike Pence, I have voted against the objections to the Electoral College’s ballots, which have been lawfully submitted by the states.”
Bucshon would later vote against holding Trump accountable for his offense, and argued that a “biased state court case is the last thing our nation needs at the moment – why I could not support it.”
Trump announced the launch of TRUTH Social last month, and proclaims it as a way of “standing up to Big Tech’s tyranny.” Trump was removed from Twitter and Facebook after inciting the January 6 uprising.
The app is currently available for pre-order in the Apple App Store, and is set to launch only for invitees this month. It will then go public in the first quarter of 2022.
“We live in a world where the Taliban has a huge presence on Twitter, yet your preferred US president has been silenced,” Trump said in a statement announcing the launch. “Everyone asks me, why is there no one standing up for Big Tech? Well, we will be soon!”
The platform will be launched by a new company called the Trump Media & Technology Group (TMTG), which will be listed through a merger with Special Purpose Acquisition Company (SPAC) Digital World Acquisition Corp., in which Greene invested.
Insider reported to the new company’s terms of service prohibit users from doing anything to “belittle, tarnish or otherwise harm us and / or the site in our opinion.”
Bucshon’s office did not respond to a request for comment, asking exactly how much his investment was worth, why he made it, and whether he intends to join the new platform when it launches.
Read the original article regarding Business Insider
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