Media News Daily: Top Stories for 04/23/2026

Devin Nunes Ousted as Trump Media CEO Amid Financial Losses

Devin Nunes has been removed as CEO of Trump Media, the parent company of Truth Social, following significant financial struggles since the company went public in 2024. The company reported a $712 million net loss in 2025 with only $3.7 million in revenue, and its stock has fallen sharply from $58 at launch to under $10. Kevin McGurn, a former Hulu executive, has been appointed interim CEO. Nunes stated his departure allows him to focus on his role as Chairman of Trump’s Intelligence Advisory Board. Read More (Washington Examiner Rating)

Trump Pushes Back on Wall Street Journal ‘Sucker’ Editorial Over Iran

President Trump criticized a Wall Street Journal editorial that labeled him a “sucker” in handling Iran, defending his administration’s military actions and strategy in the region. Trump claimed significant destruction of Iran’s military capabilities and emphasized U.S. control over the Strait of Hormuz. The editorial argued Trump weakened U.S. leverage by making concessions, while critics, including John Bolton, say the ceasefire policy benefits Iran. Tensions remain high as the strait continues to face disruptions impacting global energy transit. Read More (The Hill Rating)

FCC Seeks Public Input on Gender Identity Content in Children’s TV Ratings

FCC Chairman Brendan Carr is requesting public feedback on whether gender identity themes in children’s programming should be flagged in TV ratings. Current guidelines highlight language, sex, and violence but do not specifically address transgender or gender-related content. The FCC is questioning whether parents are adequately informed and whether rating categories like TV-Y and TV-G should include such disclosures. Public comments are due by May 22 as the agency evaluates potential updates to the system. Read More (Washington Examiner Rating)