Trump Media to Sell Wall Street Early Access to Truth Social Posts
Trump Media & Technology Group announced a new data feed service, 'Truth API' (also called Truth PSI), providing Wall Street trading firms and banks with millisecond-early access to posts from top Truth Social accounts, including President Donald Trump’s. The service, launching August 1, aims to monetize market-moving content, with potential fees up to $100,000 per month. Critics call it a form of corruption, while the company sees it as a new revenue stream amid financial struggles.
Editorial responsibility
- No named human review is recorded for this page.
- Reports are grouped by semantic similarity and deterministic rules. Language models may assist titles, summaries, translation and cross-source analysis; the page itself is projected from evidence records.
- Current automated evidence projection
Cross-source coverage
Wire timeline
Warren and Schiff urge SEC to probe Trump Media Truth Social API
Senators Elizabeth Warren and Adam Schiff have written to Securities and Exchange Commission Chair Paul Atkins, urging an investigation into whether Trump Media & Technology Group's paid data feed, Truth API, violates federal securities law. The service, announced on July 16 and scheduled to launch on August 1, delivers posts from Truth Social's most-followed accounts to subscribers within milliseconds, with potential fees up to $100,000 per month. The senators argue that President Donald Trump, who holds roughly 41% of Trump Media through a revocable trust, stands to personally profit from the service, which they say could enable insider trading and market manipulation by high-frequency trading firms. They cited instances where Trump's Truth Social posts moved markets, including posts about Citigroup and Palantir Technologies. A Trump Media spokesperson rejected the allegations, accusing Democrats of misrepresenting the service. The SEC declined to comment. The letter follows earlier concerns raised by ethics attorney Virginia Canter and Senator Mark Warner about conflicts of interest.
Warren and Schiff Urge SEC to Investigate Trump Media's Paid Service for Faster Access to Trump's Truth Social Posts
Senators Elizabeth Warren and Adam Schiff have formally requested the U.S. Securities and Exchange Commission (SEC) investigate Trump Media & Technology Group's new 'Truth API' service, which provides paying subscribers real-time, faster access to President Donald Trump's Truth Social posts. The Democratic lawmakers argue the service could violate insider trading and market manipulation laws, as Trump's posts frequently move global markets and promote individual stocks. The service, priced up to $100,000 per month, is set to launch on August 1. Trump Media trades on Nasdaq as DJT, and Trump's family remains the largest stakeholder. The SEC has declined to comment, and Trump Media did not respond to requests for comment.
GOP senators criticize Trump plan to sell faster access to Truth Social posts
Republican senators who are at odds with former President Donald Trump are criticizing a plan floated by his social media company, Trump Media & Technology Group (TMTG), the parent company of Truth Social. The plan would sell faster access to the president's market-moving online posts to wealthy trading firms, potentially giving them a crucial edge in financial markets. The criticism highlights internal GOP divisions over Trump's business practices and their potential impact on market fairness.
Show 17 older updatesHide older updates
Congressman Torres Alerts SEC Over Wall Street's Early Access to Trump's Truth Social Posts
Congressman Ritchie Torres (D-NY) has written to the U.S. Securities and Exchange Commission (SEC) expressing alarm over Trump Media & Technology Group's new Truth API service. The service provides Wall Street firms, particularly high-frequency and algorithmic traders, with licensed, real-time access to President Donald Trump's posts on Truth Social. Torres argues that selling faster access to market-moving policy announcements—such as tariffs and foreign affairs statements—creates a conflict of interest and undermines market fairness. Trump Media holds 9,542 Bitcoin worth $629.5 million. The company plans to make Truth API available to institutional customers starting August 1, 2026. Torres asked the SEC to evaluate whether the service implicates securities laws, market manipulation protections, broker-dealer obligations, or other investor-protection requirements. Trump Media did not respond to requests for comment.
Lawmaker asks SEC to investigate Truth Social's plan to monetize access to its data
Rep. Ritchie Torres (D-N.Y.) has asked the U.S. Securities and Exchange Commission to investigate Truth Social parent company Trump Media & Technology Group's (TMTG) plan to sell Wall Street firms real-time access to President Trump's social media posts. The product, Truth API, is set to launch August 1 and would provide institutional investors with faster access to posts from the platform's top 10 trending accounts for a licensing fee of up to $100,000 per month. Torres argues this could violate securities laws, enable market manipulation, and give wealthy investors an unfair advantage over retail traders. The letter notes President Trump retains a roughly 41% stake in TMTG through a revocable trust. Bipartisan criticism has emerged, with Senate Minority Leader Chuck Schumer calling it 'the definition of insider trading' and Senate Majority Leader John Thune suggesting it will face regulatory scrutiny. TMTG defends the product as providing the fastest access to publicly available data.
Senator Mark Warner urges Wall Street to reject Truth API
Senator Mark Warner, the senior Democrat on the Senate Intelligence Committee, sent letters to six major financial trade groups on Tuesday urging them to publicly reject Trump Media & Technology Group's Truth API, a paid data feed offering early access to President Donald Trump's Truth Social posts. Warner argued the deal would allow Trump to personally profit from releasing government policy information. Major banks reportedly have no plans to purchase the feed, citing political risk. The service, set to launch August 1, delivers posts from Truth Social's 10 most influential accounts within milliseconds. Trump Media has floated a monthly price of up to $100,000, with a reduced rate of $60,000 for three-year commitments. Regulatory filings show the Donald J. Trump Revocable Trust owns approximately 41% of TMTG shares. Other Democrats, including Senators Ron Wyden and Elizabeth Warren, have also criticized the product as a conflict of interest.
US Senator Urges Wall Street to Reject Paid Early Access to Trump's Truth Social Posts
Democratic Senator Mark Warner has urged major Wall Street banks and trading firms to reject a new product from Trump Media & Technology Group (TMTG) that offers paid early access to posts from President Donald Trump's Truth Social account. The product, called Truth API, would provide faster access to market-moving posts from Trump and other influential accounts. Warner warned it creates a troubling information asymmetry and allows Trump to personally profit from government policy announcements. Major banks reportedly showed little interest, with one source saying the institution was not considering acquiring the API due to political risk concerns. TMTG has discussed charging $60,000 to $100,000 per month for the service. Trump's revocable trust holds about 41% of TMTG's outstanding stock. The White House and TMTG did not respond to requests for comment.
Trump Media Stock Rises on Plan for Paid Early Access to Market-Moving Posts
Trump Media & Technology Group (DJT) shares rallied 13.1% week-on-week after announcing a new paid service called Truth API, which will provide licensed, real-time access to posts from top Truth Social accounts, including those of President Donald Trump. The service is set to launch on August 1, 2026, and aims to monetize market-moving content for institutional clients. Interim CEO Kevin McGurn stated the API is expected to become a meaningful recurring revenue stream. However, hedge fund interest declined in Q1, with 17 funds holding positions versus 21 in the prior quarter. The company also reported a net loss of $405.88 million in Q1, a 1,180% increase year-over-year. Q2 earnings are expected in early August. Additional initiatives include discussions with Crypto.com for prediction contracts and new platform features.
Trump Media to sell Wall Street fastest access to Truth Social posts via new pay-to-win API
Trump Media & Technology Group (DJT) announced a new paid service called 'Truth API' launching August 1, 2026, that will provide Wall Street firms with the fastest access to President Donald Trump's Truth Social posts. The service aims to create recurring revenue for the unprofitable company, whose stock has fallen about 70% since Trump's second term began. President Trump frequently uses Truth Social to announce tariffs, comment on the Federal Reserve, and share policy decisions that move markets in stocks, oil, and other assets. The company plans to block unauthorized data access methods, making Truth API the official real-time feed. Trump owns about 41% of Trump Media through a revocable trust. The initiative is led by interim CEO Kevin McGurn, who took over after Devin Nunes stepped down in April. Pricing details were not disclosed. The service mirrors common tech industry practices but is unique due to Trump's direct market impact through his posts.
Trump Media to Sell Fastest Access to Trump's Truth Social Posts to Wall Street via Pay-to-Use API
Trump Media & Technology Group (DJT) announced a new paid service called 'Truth API' starting August 1, 2026, which will provide Wall Street firms with the fastest access to posts from President Donald Trump's Truth Social account. The service aims to create a recurring revenue stream for the unprofitable company, as Trump's posts frequently move markets on tariffs, Fed policy, and other decisions. Interim CEO Kevin McGurn stated the service will become a meaningful revenue source. Trump owns about 41% of the company. The stock has fallen roughly 70% since Trump's second term began. The company also plans to block unauthorized data access methods, making Truth API the official real-time feed for businesses. Pricing details were not disclosed.
Trump Media to Sell Wall Street Faster Access to Truth Social Posts
Trump Media & Technology Group (TMTG) is reportedly planning to sell a subscription service that gives Wall Street traders and investors faster access to posts on Truth Social, particularly those from former President Donald Trump. The service would allow subscribers to receive notifications of Trump's posts before they are publicly visible, potentially enabling them to trade on market-moving information ahead of other investors. This has raised significant ethical concerns about insider trading and market fairness, as Trump's posts have historically moved stock prices, especially for companies like Trump Media itself. The plan could generate substantial revenue for TMTG but faces scrutiny over potential securities law violations and conflicts of interest. Multiple news outlets including The Washington Post, AP News, and Time Magazine have reported on the proposal, highlighting both the financial opportunity and the regulatory risks.
Trump Media pitched $100,000 monthly fee for fastest feed of US president's posts
Trump Media & Technology Group (TMTG), owner of Truth Social, has discussed charging Wall Street traders and investment firms up to $100,000 per month for faster access to U.S. President Donald Trump's posts on the platform. The company also pitched a discounted three-year plan at $60,000 per month. TMTG unveiled a paid data feed called 'Truth API' on July 16, 2026, providing the fastest access to posts from the 10 most influential Truth Social accounts, though pricing details were not initially disclosed. The move aims to open a new revenue stream for TMTG, which has struggled against larger competitors. Critics, including Senator Ron Wyden, argue it would financially benefit the Trump family and enable Wall Street traders to profit from policy announcements. Trump's social media posts have historically moved markets, such as on April 9, 2025, when a tariff pause announcement caused indexes to surge. The Donald J. Trump Revocable Trust holds about 41% of TMTG stock.
Trump Media Pitched $100,000 Monthly Fee for Fast Feed of US President's Posts
Reuters reports that Donald Trump's social media company, Trump Media & Technology Group (TMTG), has discussed charging traders and investors up to $100,000 per month for faster access to the U.S. president's posts on Truth Social. The company unveiled a paid data feed called 'Truth API' to provide banks and trading firms the fastest access to posts from the 10 most influential accounts, significantly faster than regular push notifications. This marks TMTG's first step into data licensing, opening a new revenue stream as the company faces challenges scaling its media business amid competition from larger social media firms. The report, citing people familiar with the matter, could not be independently verified by Reuters.
Trump Media pitched $100,000 monthly fee for fast feed of US president's posts, FT reports
According to a Financial Times report cited by Reuters, Donald Trump's social media company, Trump Media & Technology Group (TMTG), has discussed charging traders and investors up to $100,000 per month for faster access to the U.S. president's posts on Truth Social. The company unveiled a paid data feed called 'Truth API' that provides banks and trading firms with the fastest access to posts from the 10 most influential Truth Social accounts, significantly faster than regular push notifications. This move marks TMTG's first step into data licensing, opening a new revenue stream as the company faces challenges scaling its media business amid competition from larger social media firms. Reuters could not independently verify the report, and TMTG did not immediately respond to a request for comment.
Trump Media Pitched $100,000 Monthly Fee for Fast Feed of US President's Posts
According to a Financial Times report, Donald Trump's social media company, Trump Media & Technology Group (TMTG), has discussed charging traders and investors up to $100,000 per month for faster access to the U.S. president's posts on Truth Social. The company unveiled a paid data feed called 'Truth API' on Thursday, designed to provide banks and trading firms with the fastest access to posts from the 10 most influential Truth Social accounts. A spokesperson said the product delivers posts significantly faster than regular push notifications. This move marks TMTG's first step into data licensing, opening a new revenue stream as the company faces challenges scaling its media business amid competition from larger social media firms. Reuters could not independently verify the report.
Trump sells millisecond access to Truth Social posts to traders
Former President Donald Trump's firm is marketing a new service called Truth PSI, which provides trading desks with ultra-fast access to posts from top Truth Social accounts, including Trump's own. The service aims to give traders a millisecond advantage in reacting to market-moving statements. This move represents Trump monetizing another aspect of his presidency and public influence, with traders already expressing interest in the high-speed data feed.
Truth Social to sell trading firms and banks ‘fastest’ access to Trump’s posts
Trump Media & Technology Group (TMTG) is launching a data licensing service, its first such venture, to sell the fastest access to Donald Trump's Truth Social posts to trading firms and banks. The move aims to create a new revenue stream for the company by monetizing the high-frequency, market-moving potential of Trump's social media activity. The service will provide financial institutions with real-time or near-real-time access to posts from Trump and other highly followed accounts on the platform, which are known to influence market sentiment. This initiative marks a significant shift for TMTG from a purely social media platform to a data provider for the financial sector.
Truth Social to sell trading firms and banks ‘fastest’ access to Trump’s posts
Truth Social, the social media platform owned by Trump Media & Technology Group (TMTG), is launching a data licensing service that will sell the fastest access to posts by former President Donald Trump and other high-profile accounts to trading firms and banks. This marks TMTG's first venture into data licensing, creating a new revenue stream. The service is aimed at financial institutions that seek real-time or near-real-time access to Trump's statements, which can move markets. The article notes that some of the most-followed accounts on Truth Social belong to Trump and his close allies, making the platform's data valuable for algorithmic trading and market analysis. The move represents a monetization of Trump's social media influence beyond advertising.
Trump plans to monetize Truth Social posts with paid early access for Wall Street
US President Donald Trump's media company, Trump Media, announced a new service called 'Truth API' that will provide licensed real-time access to posts from the most-followed Truth Social accounts, including Trump's own posts. The service, launching August 1, is designed to allow Wall Street trading firms and financial institutions to receive posts milliseconds before the general public. This could include Trump's posts with implications for national security or financial markets, enabling customers to profit from subsequent price movements in stocks, bonds, and interest rates. Kathleen Clark, a government ethics expert at Washington University, described the initiative as 'another bold form of corruption' and an improper exploitation of state power for personal enrichment. Trump Media interim CEO Kevin McGurn noted that markets already react to Truth Social posts, justifying the premium service.
Trump Media to Sell Wall Street Early Access to Truth Social Posts
Trump Media & Technology Group, the parent company of Truth Social, announced plans to launch a new data feed called 'Truth API' that will provide Wall Street investment firms with early, real-time access to posts from the platform's highest-ranking accounts, including those of President Donald Trump. The service is designed to give traders a competitive edge by allowing them to react to potentially market-moving content before the general public. The announcement highlights the growing intersection of social media and financial markets, particularly given Trump's history of influencing stock prices through his posts. The move is expected to generate significant revenue for the struggling social media company while raising questions about market fairness and information asymmetry.