Fox News host Maria Bartiromo confronted Truth Social CEO Devin Nunes on Sunday over former President Donald Trump's media company recently losing $4 billion.A regulatory filing to the Securities and Exchange Commission on Monday revealed that Truth Social, which Trump holds a nearly 60 percent stake in, made just over $4.1 million in revenue in its last operating year, but racked up $58.2 million in costs. It revealed an operating loss of $15.96 million.
And then we have $200 million in the bank,' Nunes responded.He added: 'We are looking at the whole ecosystem whether that's through acquiring technology or whether that's through building technology. Those are all the issues that we're that we're focused on and including, you know, making sure that we're dealing with like a three-year plan here where we can go out and put this whole company together where we're not relying on big tech.