Truth Social Sells $100,000 Fast Feed of Trump Posts to Traders as Ethics Alarms Grow
Updated
Updated · The Associated Press · Aug 1
Truth Social Sells $100,000 Fast Feed of Trump Posts to Traders as Ethics Alarms Grow
3 articles · Updated · The Associated Press · Aug 1
Summary
$100,000 a month buys Wall Street firms millisecond-level access to Trump’s Truth Social posts starting Saturday, giving high-frequency traders a head start on market-moving comments from tariffs to war and company praise.
Truth Social says posts reach traders and the public at the same time, but critics argue receipt speed is what matters because automated systems can trade before ordinary investors can react.
Trump Media has strong financial incentive to push the service: three subscribers would roughly double last year’s $3.7 million revenue, while the company’s stock has fallen 75% since Trump took office and losses remain heavy.
Ethics experts say selling faster access to a president’s policy signals and stock-moving endorsements risks insider-trading and self-dealing concerns, with Elizabeth Warren already threatening congressional investigations if Democrats regain control.