00:00It's Benzinga, bringing Wall Street to Main Street.
00:02President Trump hosted a UFC cage match on the White House South Lawn on Sunday,
00:07transforming the historic grounds into a sporting arena for thousands of fans,
00:11according to the Wall Street Journal. The event, framed as part of America's 250th
00:16anniversary celebration, was streamed exclusively on Paramount+, whose corporate owners have close
00:21ties to Trump. UFC CEO Dana White sat alongside Trump and First Lady Melania Trump in the front
00:28row. Meta CEO Mark Zuckerberg and Paramount CEO David Ellison also attended. Sponsors,
00:35including Bud Light, Crypto.com, Polymarket, and Morgan & Morgan adorned the stage.
00:41Sponsors are expected to cover at least half of the estimated $60 million event cost.
00:45Trump's approval rating is near a career low, and he has lost support among young men,
00:50a core UFC demographic. For all things money, visit Benzinga.com.
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