As Trump Media scraps some businesses, it’s doubling down on Truth Social and the president

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NEW YORK (AP) — The president’s media company has tried its hand at a half-dozen new lines of business to lift its stock, but nothing has worked.

Now it’s getting back to its roots.

In a conference call with investors Monday, the company behind Truth Social said it will be unwinding much of its expansion and doubling down on its original media business by selling a form of White House access, a move that has raised big ethical questions among Democrats and government watchdogs.

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