Trump Media sells fast access to Truth Social posts
Trump's media company announced a paid data service meant to deliver Truth Social posts to Wall Street firms milliseconds earlier. Market-moving posts by the president himself could also be affected. Critics call it brazen corruption.
According to reports by the New York Times and the Financial Times, the Trump Media & Technology Group plans, with a product called Truth API, to give trading firms the fastest access to posts, handing them a millisecond edge on market-relevant news. The Guardian and Die Welt quote critics who call it brazen corruption, because posts by the president with consequences for financial markets or national security could also be affected. The BBC and Turkey's Daily Sabah describe the offering as a paid, licensed data feed for banks and traders. At the heart of the debate is a conflict of interest: Trump holds a majority stake in the publicly listed company and would profit from the business, while as president he exercises oversight over regulatory agencies. A detailed defense from the company is barely found in the sources.