Former U.S. trade chief Lighthizer resigns from Trump Media board

Robert Lighthizer, former US trade representative, speaks during an event with former US President Donald Trump, not pictured, at Precision Components Group in York, Pennsylvania, US, on Monday, Aug. 19, 2024. 

Graeme Sloan | Bloomberg | Getty Images

Former United States trade representative Robert Lighthizer resigned from Trump Media & Technology’s board of directors, effective Friday, according to a Securities and Exchange Commission filing.

During ​U.S. President ​Donald Trump’s ​first term, Lighthizer played a crucial role as trade chief in the imposition ⁠of ‌hefty tariffs on Chinese imports and ⁠the renegotiation of the North American Free Trade Agreement, or NAFTA, with Mexico and Canada.

His departure ‌from the board and its committees was not due to any ​disagreements with the company’s management or the board, the filing said.

Founded by Trump and known for its ⁠Truth Social platform aimed at conservative audiences, Trump Media has struggled to scale ‌its media business amid competition from larger social networks and uneven user growth.

The company has been considering ⁠spinning off Truth Social into a publicly ⁠traded company.

In a strategic pivot ⁠in December, the company agreed to merge with California-based TAE Technologies in ​an all-stock deal ‌valued at over $6 billion, shifting its focus to fusion energy and forming a publicly traded company developing utility-scale power plants to meet ​rising electricity demand, including from ‌artificial intelligence data centers.

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Visited 1 times, 1 visit(s) today

Related Article

Warsh Fed nomination hearing set for mid-April

Kevin Warsh, former governor of the US Federal Reserve, during the International Monetary Fund (IMF) and World Bank Spring meetings at the IMF headquarters in Washington, DC, US, on Friday, April 25, 2025. Tierney L. Cross | Bloomberg | Getty Images The Senate Banking Committee will hold a nomination hearing on April 16 for Kevin

Opinion | The AI Industry Must Take Responsibility for the Communities It’s Destroying

Critics are buzzing about Jeff Bezos and Lauren Sánchez’s estimated $5 million Met Gala sponsorship, noting that while framed as philanthropy, it also serves as elite branding and may deliver limited benefit to the broader arts. A similar pattern appears in tech, where highly publicized giving, grants, and initiatives build brand visibility while directing relatively

Trump-Xi summit: US trade chief casts doubt on pre-meeting Beijing visit

Washington’s top trade negotiator suggested on Tuesday that, in a break from usual practice, members of US President Donald Trump’s cabinet will not visit Beijing ahead of the expected mid-May summit with President Xi Jinping to prepare or discuss deliverables. “I don’t think we’re going to need to do that,” Jamieson Greer, US Trade Representative,

Will this Trump ally’s twin replace him in Congress?

April 4, 2026, 5:02 a.m. ET Texas Rep. Troy Nehls walked down the U.S. Capitol steps last month, stopping to talk to a reporter after puffing on a cigar. The outgoing Rep. Nehls, a Make America Great Again loyalist, is in the final sprint of his congressional career and will likely be replaced in January

Trump fails to bully Supreme Court on birthright citizenship

April 4, 2026, 4:01 a.m. ET On April 1, the Supreme Court heard oral arguments on the Trump administration’s reinterpretation of birthright citizenship, and it became clear that the justices, per usual, would not be swayed by outside pressures. Every justice on the court expressed some level of skepticism about the administration’s position.  In this

The war in Iran: is Trump ‘on the run’?

As Donald Trump’s war wears on, it becomes increasingly clear that he has no “overarching strategy” and is now fighting a war of attrition, said The Guardian. America is still striking at Iranian targets while building up troops in the region. Iran, in turn, keeps attacking Israel and the Gulf states. Last week, it hit

As Jeff Bezos ‘celebrates’ post on first-ever purchase made on Amazon, Elon Musk replies, says: It was start of …

Jon Erlichman, BNN Bloomberg contributor and the host of Ticker Take, a YouTube channel dedicated to investing and financial literacy recently shared photos of Amazon’s first non-employee purchase. The X post included original packing slip and Douglas Hofstadter’s “Fluid Concepts and Creative Analogies,” a book exploring AI and computer models of thought. “On this day

Trump orders DHS to pay all employees despite shutdown

President Trump on Friday ordered the Department of Homeland Security to find a way to pay “each and every employee” of the agency, which has faced an almost two-month-long shutdown due to a congressional impasse, leaving thousands without paychecks.  The president’s memo directs DHS Secretary Markwayne Mullin and Office of Management and Budget Director Russell

Warren Buffett Maintains Active Role at Berkshire Hathaway

Got story updates? Submit your updates here. › Despite stepping away from day-to-day operations, Warren Buffett’s guiding hand remains firmly on the wheel at Berkshire Hathaway.Omaha Today Despite stepping down as Berkshire Hathaway’s CEO a few months ago, Warren Buffett is not easing into retirement. The 95-year-old investing icon still drives into Berkshire’s Omaha headquarters

Celebrities at Women’s Final Four

April 3, 2026, 7:43 p.m. ET USA TODAY Sports is providing live coverage of the Women’s Final Four match between the No. 1 UConn Huskies and No. 1 South Carolina Gamecocks at the Mortgage Matchup Center. Follow along here. Rock and Roll Hall of Fame artist Flavor Flav is sitting courtside at the Mortgage Matchup

Trump Cabinet worries no one is safe after Bondi and Noem firings

When President Donald Trump ousted his attorney general, Pam Bondi, it sent a clear message to his remaining Cabinet members: The job security they’ve enjoyed until now is no longer guaranteed. Trump has grown increasingly willing to fire top officials who he believes are underperforming, amid deepening frustration with his declining approval ratings and fears

Executive order aims to limit NCAA athletes to 5 years, 1 transfer

Dan MurphyApr 3, 2026, 05:17 PM ET Close Covers the Big Ten Joined ESPN.com in 2014 Graduate of the University of Notre Dame Multiple Authors President Donald Trump signed an executive order Friday designed to limit how long athletes can play college sports and how often they can transfer between schools. The order states that

Lauren Sánchez ‘trying to step out’ of husband Jeff Bezos’ ‘shadow’

Lauren Sánchez and Jeff Bezos‘ 10-month marriage is already showing glaring signs of mutual frustration, with the brunette beauty now dropping not-so-subtle hints she “doesn’t need” her billionaire hubby, Wonderwall.com can reveal. The former TV news anchor, 56, openly demanded that Bezos, 62, leave her alone to pose solo on the red carpet at the

Olivia Dean opens up about social media break, deleting apps

April 3, 2026, 3:34 p.m. ET Following a monumental Grammy win, Olivia Dean says she took a step back from social media, which included deleting apps from her phone. The London-born rising star touched on the lifestyle change after the big night in a cover story with ELLE, released on April 2. “I’ve been thinking

Big-Name Celebrities Headed to Astronomicon 9 in Ypsilanti

Got story updates? Submit your updates here. › Astronomicon 9 promises a star-studded lineup of celebrity guests and fan-favorite entertainment in Ypsilanti.Ypsilanti Today Astronomicon 9, a popular pop culture convention featuring celebrities from TV, movies, horror, music, and wrestling, is coming to the Ann Arbor Marriott in Ypsilanti, Michigan from April 10-12, 2026. The event

Selena Gomez and Olivia Rodrigo Wear Girly Pink Minidresses on Same Day

THE RUNDOWN Both Selena Gomez and Olivia Rodrigo wore girly pink minidresses with contrasting white accents yesterday. Rodrigo had on a Peter Pan-collared dress for her third album’s cover art. Gomez, meanwhile, chose a satin-pink Prada minidress for Rare Beauty’s event that evening. Just hours after Olivia Rodrigo released the cover art for her third

0
Would love your thoughts, please comment.x
()
x