Fast access to Trump's ‘Truth Social’ posts goes on sale for $100,000 per month
Summary
President Donald Trump’s social media platform, Truth Social, is selling a service called Truth API that gives Wall Street traders fast access to his posts for $100,000 a month. These posts often include important announcements about economic policy and global issues that can quickly affect financial markets.Key Facts
- Truth Social started offering the Truth API service on a Saturday.
- The service costs $100,000 per month for fast access to President Trump’s posts.
- President Trump’s posts frequently affect the prices of stocks, bonds, currencies, and commodities.
- Traders using Truth API can react faster to news, potentially making large profits.
- Ethics experts are concerned this service mixes public office with private financial gain.
- Other social media companies also sell fast news feeds, but Truth Social’s posts create original market-moving news.
- President Trump’s office did not comment on the ethics or legal review of the service.
- Trump Media & Technology, the parent company of Truth Social, defends the service against criticism from Democrats.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
