Donald Trump launches paid Truth API on Truth Social, raising conflict‑of‑interest concerns

U.S. President Donald J. Trump announced a new paid service on his social‑media platform Truth Social called the “Truth API.” The service, priced at $100,000 per month, gives high‑frequency trading firms early access to his posts, which often contain policy statements that can move markets. It also includes content from his sons, Donald Jr. and Eric.

Lawmakers and market watchdogs have warned that the service may violate insider‑trading rules and constitute an improper use of presidential authority. Senators Adam Schiff and Elizabeth Warren have urged the Securities and Exchange Commission to investigate whether the Truth API breaches securities laws. Critics argue the early‑access advantage could unfairly benefit wealthy traders at the expense of ordinary investors and undermine market integrity.