Paid early access to Trump's posts raises insider trading questions
Summary
President Donald Trump is offering early access to his social media posts through a subscription service on Truth Social. Some people are concerned that paying customers could use this early information to make money in the stock market before others see the posts.Key Facts
- President Trump is selling early access to his posts on Truth Social.
- The subscription service allows customers to see posts before the general public.
- The cost of this early access can be as high as $100,000 per month.
- Some critics worry this could lead to insider trading, where people use private information to make financial gains.
- The issue involves concerns about fairness and market rules since the president’s statements can affect stock prices.
- NPR discussed these concerns in an interview with Geoff Bennett and Bobby Allyn.
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