Trump's Truth Social Sells Early Post Access for $100K Monthly Amid Insider Trading Concerns

Donald Trump's media company, Trump Media and Technology Group (TMTG), has introduced a new subscription service called Truth API, charging $100,000 per month for early access to the former president's Truth Social posts. This service, launched on August 2, 2026, targets Wall Street trading firms and other customers seeking to gain an informational edge.

TMTG's Interim CEO, Kevin McGurn, stated that Truth API provides a direct, real-time feed of the platform's most market-moving posts, aligning with the company's strategy to monetize its assets through recurring revenue. He anticipates Truth API will become a significant and lasting revenue source for the company, creating shareholder value.

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Truth API delivers a direct, licensed, real-time feed of the platform's most market-moving Truths while advancing our strategy to monetize proprietary assets through a high-margin, recurring revenue stream. As adoption grows, we expect Truth API to become a meaningful, ongoing source of revenue for the company, creating lasting value for shareholders.

However, the move has drawn sharp criticism. Senators Elizabeth Warren and Adam Schiff have urged the U.S. securities regulator to investigate whether selling early access to Trump's posts constitutes insider trading or an abuse of presidential power. They argue it unfairly benefits wealthy insiders and undermines everyday investors.

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This appears to be an outrageous abuse of the President's office for his personal benefit that undermines everyday investors and the integrity of our markets, while enriching Wall Street and other wealthy insiders.

Representative Jamie Raskin has also launched an investigation, characterizing Truth API as the latest instance of Trump monetizing his office to influence markets. Raskin pointed to Trump's past practice of promoting companies on Truth Social shortly after investing in them, particularly those affected by government policy.

Trump himself owns approximately 41% of TMTG through a trust managed by one of his children, meaning he stands to gain substantially from the new service. Critics contend that this arrangement allows him to financially benefit from information that could impact national security and financial markets, raising serious ethical and legal questions.

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The Truth API is only the latest example of President Trump’s efforts to monetize the power of his office to influence markets. Trump has repeatedly used Truth Social to promote companies shortly after investing in them, including firms whose fortunes are shaped by government policy and decisions made by his own Administration.