President Donald Trump’s media company announced Tuesday that it has replaced CEO Devin Nunes, a Trump loyalist, amid what appears to be ongoing tumult for the organization.
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A news release from Trump Media & Technology Group Corp., which operates the president’s social media platform, Truth Social, said the company had appointed one of its advisers, Kevin McGurn, as interim CEO. Nunes said in a statement that McGurn would lead Trump Media “through its current transition phase.”
One way to think of McGurn, a longtime media executive, is as a corporate babysitter tapped to watch over the Trump family’s business interests. McGurn also leads a firm backed by Trump’s two eldest sons that invests in U.S. manufacturing — that is, an industry in which the president is personally invested and over which Trump’s administration has tremendous influence. The New York Times noted that McGurn also apparently leads Texas Ventures Acquisition III Corp., to which Trump Media has considered selling Truth Social.
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The idea of a president owning an eponymous media company — and effectively promoting it via deranged Truth Social proclamations — is one of those brazenly unethical scenarios that was previously unheard of in the White House.
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