Trump stands to profit off announcements by selling fast access to his social media posts
Truth Social, the media company owned by Donald Trump, is launching a service that provides high-frequency traders with early access to the former president's social media posts. Critics argue this creates potential ethical and legal issues regarding insider trading and the monetization of public office.
Why it matters
The service raises significant questions about the intersection of political influence, market manipulation, and corporate ethics.
shares Share article US President Donald Trump knows the world hangs on his every word. Now he wants you to pay for it.
The social media posts of the world’s most powerful man are going on sale on Saturday when his Truth Social business begins offering sneak peeks of them to Wall Street traders willing to pay up. The move raises the prospect of big profits for Trump’s company and big questions about insider trading and using public office for private gain.
US President Donald Trump holds up an image taken from his Truth Social account. AP Photo/Julia Demaree Nikhinson
Similar fast speed feeds are sold by other social media firms and media providers, but Truth Social doesn’t just distribute the news, it makes it, regularly rattling markets as Trump posts policy changes on everything from war to central bank leadership to tariffs.
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