Trump Media & Technology Group (TMTG) plans to launch Truth API on August 1, 2026, offering high-frequency trading firms real-time access to posts from the top 10 Truth Social accounts, including President Donald Trump's, with reported fees of $100,000 per month (or $60,000 for a three-year plan) Source: SCMP.
Truth API delivers posts "in milliseconds" to institutional customers, including banks and trading firms, providing a machine-readable feed Source: The Verge. Trump Media CEO Kevin McGurn stated that "markets already move on Truth Social posts" and expects the service to become "a meaningful, ongoing source of revenue" Source: BBC.
Ethics experts call it "brazen corruption" and selling privileged access to presidential information Source: AP, CNN. Senator Ron Wyden said it would "make Wall Street traders rich" and benefit the Trump family Source: Al Jazeera.
Trump's posts have caused major market swings, such as the tariff announcements and updates on the Iran conflict Source: AP. The White House declined to comment, and TMTG did not confirm whether Trump's posts are included Source: BBC.
“Donald Trump’s social media company has discussed charging Wall Street traders and investment firms as much as US$100,000 a month for faster access to the US president’s posts on his Truth Social platform”
“It’s yet more brazen corruption, an improper exploitation of government power to enrich himself.”
“Markets already move on Truth Social posts, said Kevin McGurn, the interim boss of Trump Media, adding that the service will create a steady profit.”
“Senator Ron Wyden saying that it would 'make Wall Street traders rich' along with the Trump family.”