Trump stands to profit off US policy announcements by selling fast access to his social media posts
The paid feed could double Trump Media’s annual revenue if three firms subscribe, while critics warn it may let traders profit from market-moving posts.
- On Saturday, Trump Media & Technology Group launched Truth API, a $100,000-per-month service giving institutional investors ultra-fast, direct access to President Donald Trump's market-moving Truth Social posts.
- Persistent financial strain prompted the launch: Trump Media reported only $3.7 million in annual revenue last year, while the company's stock has plunged 75% since Trump took office.
- Critics and ethics experts warn the service enables insider trading by selling early access to presidential policy announcements, though the company defended the offering, accusing critics of mischaracterizing it.
- Demanding accountability, Massachusetts Senator Elizabeth Warren pledged that congressional Democrats would launch investigations if they regain control of Congress, vowing to "haul in those responsible for this open corruption."
- Market analysts remain divided: some dismiss the feed as "complete noise," noting 90% of the time markets don't react to posts, while high-frequency traders estimate around 100 firms could benefit.
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43 Articles
With its online statements and threats, it causes stocks, bonds and currencies to plummet or plummet. Accessing in advance on its feeds offers important opportunities for traders specialized in the purchase and sale of shares
Truth Social’s Audacious Plan to Sell Banks Early Access to Trump’s Posts Goes Live
The ‘Depraved Essence of Insider Trading’ An API built by Truth Social, offering financial institutions faster access to the most influential posts on the platform — Trump’s — for $100,000, has gone live. The company has struggled for years to find a business model that works. Now it proposes to distribute early access to the thoughts of the president, which move markets and which he makes exclusively available on the platform, which his family …
Wall Street Traders Quietly Line Up to Pay $100,000 for Early Access to Trump’s Market-Moving Posts
Trump's Truth Social posts already move markets, and now a product exists that lets Wall Street pay for faster access to them before the rest of the world sees a single word. The legal, ethical, and financial implications have Washington scrambling for answers.
Donald Trump has published dozens of contributions on Truth Social on the weekend. In parallel, a new payment model of the platform provides sharp criticism.
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Bias Distribution
- 46% of the sources lean Left
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