Truth Social: “Early Access” to Trump’s Posts Sold for $100,000 a Month, Sparks Controversy

US President Donald Trump’s social media company, TMTG Technology Group and Trump Media, has launched a new service called Truth API, under which Wall Street trading firms and institutional users can pay up to $100,000 a month for ultra-fast access to Trump’s posts on Truth Social ahead of the general public. The move has drawn criticism from opposition politicians, former regulators, and financial experts, who have raised concerns about conflicts of interest, potential insider trading, and unequal access to market-moving information — allegations the company has rejected.
Trump’s social media company, owned by the US president, has introduced the premium service through which financial institutions, hedge funds, and high-frequency trading firms can pay up to $100,000 monthly for high-speed access to posts published on Truth Social. Since Trump frequently uses the platform to announce government policies, tariffs, foreign affairs decisions, and other major matters, the service has quickly triggered a significant political and ethical controversy. The company’s interim CEO, Kevin McGrain, said at the service’s launch that “Truth API will provide businesses with a direct, licensed, real-time feed of the platform’s most market-moving posts.”
Experts note that Trump’s social media posts have historically had an immediate impact on stock markets, currencies, energy prices, and other financial markets. If large investors receive this information even moments before the general public, they could gain a significant trading advantage. The move has faced strong criticism: US Senators Elizabeth Warren and Adam Schiff have called on the Securities and Exchange Commission (SEC) to investigate the service, arguing that if market-moving information from the US president is being sold to select buyers for trading purposes, it could undermine the transparency of financial markets.
Former SEC officials and legal experts have also raised concerns that the model could raise questions about conflicts of interest and insider-trading rules, since Trump both announces government decisions and holds a major financial stake in the company that owns the platform. TMTG Technology Group and Trump Media, for its part, has rejected all these objections, saying Truth API does not provide access to any confidential information but merely delivers public posts in a faster, licensed format — similar to how other social media platforms operate their data feeds. According to the company, the service’s purpose is simply to introduce a new business model. Financial analysts are divided on the matter: some say large institutional investors could gain an outsized advantage from the service, while others believe trading signals based on social media posts are not always reliable and may have limited practical value.