‘Brazen corruption’: critics denounce Trump Media plan to sell priority access to Truth Social posts
Critics are condemning a plan by Trump Media & Technology Group to sell high-speed, priority access to Truth Social posts to institutional investors. Experts argue this creates a conflict of interest by allowing the President to potentially profit from market-moving information.
Why it matters
Raises significant ethical and legal questions regarding the intersection of presidential power, financial markets, and private corporate interests.
Donald Trump holding up a printout of a Truth Social post this month./Getty Images Donald Trump holding up a printout of a Truth Social post this month./Getty Images Donald Trump ‘Brazen corruption’: critics denounce Trump Media plan to sell priority access to Truth Social posts Move would allow Wall Street trading firms and other institutions to potentially profit from seeing president’s posts first
Prefer the Guardian on Google Donald Trump’s media company is planning to charge for special high-speed access to Truth Social posts, including possibly his own, affecting national security and financial markets.
The move announced on Thursday would allow Wall Street trading firms and other institutions to get news first from top Truth Social contributors so they could profit off subsequent moves in stocks, bonds and interest rates.
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