Trump Media Sells Fast Truth Social Feed to Traders for $100,000 a Month
Cover image from theintercept.com, which was analyzed for this article
Early access to Trump’s Truth Social posts is sold to investors, drawing corruption accusations from critics across the spectrum.
PoliticalOS
Saturday, August 1, 2026 — Politics
The core development is a paid high-speed feed of already-public presidential posts sold by a company in which the president holds a major stake. Lawmakers have asked regulators to examine it, yet no enforcement action has been announced and the company maintains the information remains public. Readers should weigh the commercial offering against the lack of any ruling on its legality.
What outlets missed
Neither account noted the absence of any announced SEC investigation or enforcement step as of publication. The company’s explicit claim that the API delivers only already-public posts at higher speed received limited weight against legal speculation. Trump Media’s reported annual losses exceeding $400 million and its prior failed attempts at new revenue lines were omitted, leaving the financial motive for the product unexamined. The Presidential Records Act reference appeared in one piece without documents linking it to the API launch.
Wall Street trading firms can now pay up to $100,000 a month for faster delivery of posts from President Donald Trump and other Truth Social users. The service, called Truth API, gives subscribers an edge measured in milliseconds when processing announcements that often affect markets. Trump Media & Technology Group, the publicly traded company behind the platform, confirmed that customers have begun signing up.
The product supplies the same posts available to the public but routes them directly into trading systems at higher speed. Company spokeswoman Shannon Devine stated that the feed contains only publicly available information and does not constitute insider trading. Trump holds the largest stake in the company through a trust controlled by his son Donald Trump Jr., according to regulatory filings, so increased revenue would raise the value of that holding.
Democratic Senators Elizabeth Warren and Adam Schiff sent a letter to the Securities and Exchange Commission on Wednesday asking for an investigation. They described the offering as an abuse of office that disadvantages ordinary investors. The SEC has not announced any inquiry or enforcement action. Boston College professor Renée Jones, identified in one account as a former SEC official, argued the arrangement could violate securities laws on misuse of non-public information, though no matching faculty record or prior public statement on the product was located.
Truth Social reported revenue of $3.6 million in 2024 against a net loss exceeding $400 million. The company has explored other revenue streams, including cryptocurrency and prediction markets, without reversing the losses. The API pricing includes a lower rate of $60,000 a month for multi-year commitments.
Critics, including former SEC lawyer Virginia Canter of the Democracy Defenders Fund, contend the arrangement channels market-sensitive government statements to paying institutions. Company statements emphasize that the posts remain public and that the service merely accelerates ingestion for subscribers. No court or regulator has ruled on whether the product breaches the Stock Act or other statutes.
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