Trump Media & Technology Group plans to charge Wall Street firms for high-speed access to Truth Social posts.
Trump Media & Technology Group (TMTG) announced a new paid data feed, known as the "Truth API," which will provide financial institutions with the fastest access to the 10 most influential accounts on the Truth Social platform. The administration announced the move as a strategy to monetize proprietary assets, with TMTG discussing subscription fees of up to $100,000 per month for trading firms. Because President Trump is the platform's most-followed user, the move allows him to profit directly from the speed at which markets react to his official announcements. While the administration noted that the president's business empire is managed by third parties, critics argue the arrangement represents a brazen exploitation of government power. Supporters note that the president's posts frequently move markets, such as when he recently paused several tariffs. Despite some concerns regarding potential conflicts of interest, the administration maintains that President Trump acts in the best interests of the American public.