Donald Trump's social network launches real-time service for investors. President's posts come at a cost

Trump Media & Technology Group, the company behind the social media platform Truth Social, has announced the launch of a new service targeting investors. This new offering will provide licensed, real-time access to posts from the platform's most significant accounts, including that of former President Donald Trump, for a subscription fee.

The service, accessible via an API interface, is designed primarily for Wall Street firms and other financial market participants. These entities often rely on rapid information flows to gain a competitive edge by reacting quickly to market-moving events. Donald Trump frequently uses Truth Social to share official policy announcements, including decisions related to the conflict with Iran and trade tariffs.

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markets are already moving based on posts from Truth Social.

The Trump family is the largest shareholder in Trump Media, and Donald Trump's account, @realDonaldTrump, is the most followed on the platform, boasting approximately 12.9 million followers. While the company's press release did not directly mention the former president, interim CEO Kevin McGurn stated that "markets are already moving based on posts from Truth Social."

However, the launch has drawn criticism from ethics experts. Virginia Canter, an attorney with Democracy Defenders Fund, called the situation "a major conflict of interest." She highlighted that official presidential information is being distributed through a platform in which the president has an indirect financial interest via his family's stake. While other social networks also offer paid API access, they do not typically serve as the primary communication channel for official U.S. presidential decisions.

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a major conflict of interest