Truth API poised to charge six-figure monthly fees for fast Trump posts
TL;DR Summary
Trump Media & Technology Group is testing a paid data feed called Truth API to give banks and trading firms the fastest access to posts from Trump and other top Truth Social accounts, with proposed prices up to $100,000 per month (and $60,000 for a three-year plan). The service marks TMTG's first data-licensing revenue and has drawn criticism from Democrats and ethics advocates who argue it could profit from presidential influence and create market advantages, though the legality is debated. The company says customers are lined up ahead of an August 1 launch.
- Trump Media pitched $100,000 monthly fee for fastest feed of U.S. president's posts, sources say CNBC
- See How Trump’s Truth Social Posts Move Stocks WSJ
- Truth Social will sell investors faster access to Trump’s market-moving posts The Washington Post
- Wall Street traders can soon pay for early looks at Truth Social posts The Hill
- How one day put conflicts of interest around Trump in stark relief CNN
Reading Insights
Total Reads
0
Unique Readers
8
Time Saved
3 min
vs 4 min read
Condensed
88%
764 → 93 words
Want the full story? Read the original article
Read on CNBC