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Federal prosecutors are scrutinizing a billion-dollar merger between a blank-check company and former President Donald Trump s social media startup, the company revealed in a regulatory filing Monday.A federal grand jury in New York last week issued subpoenas to Digital World Acquisition Corp., the special purpose acquisition company merging with Trump Media Technology Group, as well members of Digital World s board of directors.The grand jury in New York s Southern District is the latest federal investigation that could delay or complicate the merger between the company Trump chairs and Digital World, a special purpose acquisition company. The companies previously indicated they expected the merger to be complete this year, and would provide Trump Media with $1.25 billion in net proceeds, as well a stock market listing. Digital World revealed in a December 2021 filing that the Securities and Exchange Commission
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stanley cups deal with Trump Media. In Monday s filing, the company said the grand jury and SEC had subpoenaed similar information regarding, among other things, Digital World s due diligence regarding Trump Media and related communications. Trump Media said in a press release Monday that it will cooperate with-oversight that supports the SEC s important mission of protecting retail investors. Every day, our team works tirelessly to
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In a hearing on FBI oversight Wednesday, Rep. Melvin Watt D-N.C. , an 18-year veteran of the House Judiciary committee, asked the director of the FBI what department Immigration and Custom
stanley travel mug s Enforcement ICE falls under. It s never really been clear to me whether ICE is under Homeland Security, whether its under the Department of Justice, whether its under the FBI. I don t know where it is, Watts said in a question to Mueller, who was testifying. FBI Director Robert Mueller informed the congressman that ICE is an agency under the Department of Homeland Security.ICE was formed under the Homeland Security Act of 2002, following the events of September 11, 2001. ICE previously existed as part of a separate agency, the Immigration and Naturalization Service, which was dissolved in March 2003 into ICE and two other agencies. Watt has been a member of the House Judiciary Committee since elect
stanley cup ed to Congress in 1993 and is a ranking member of the subcommittee on Intellectual Property, Competition and the Internet.Watt s office has not yet responded to CBS News request for comment.
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