Pam Bondi disclosed the holdings in a newly released document.
President-elect Donald Trump’s nominee for attorney general, Pam Bondi, said she will divest of more than $1 million in stock she holds in the parent company of Truth Social, Trump’s social media company, if confirmed, according to a form released on Jan. 17.
Bondi’s shares in Trump Media & Technology Group, the parent company, are valued at between about $1 million and $5 million, according to her financial disclosure.
She also has more than $1 million in warrants, giving her the ability to purchase additional shares in the future.
Bondi received shares and warrants for Digital World Acquisition Corporation as compensation for her consulting work for Renatus LLC, she said in her ethics agreement. The shares converted to Trump Media and Technology Group shares after the corporation and group merged in 2024, according to the documents.
Bondi promised not to participate personally in any matter that would affect Trump Media’s financial interests until she has divested from the company, or unless she receives a written waiver or qualifies for a regulatory exemption.
“I do not hold restricted stock, stock options, or any other equity interest in Trump [Media] & Technology Group,” Bondi said in her agreement. “I will divest my interests in Trump Media & Technology Group, as soon as practicable but not later than 90 days after my confirmation.”
Federal law bars U.S. officials from participating in matters that affect their financial interests or those of family members. Federal regulations require a waiver to participate in matters involving parties that officials know will affect the financial interests of themselves or others in their households.
“You also may have to disqualify yourself from a matter if someone with whom you have a personal or business relationship is a party or represents a party to the matter,” the Department of Justice says on its website. “This would include a former employer, even without a continuing financial interest, your former clients, an organization you worked for actively in the last year and your spouse’s employer.”
