Trump Media plans premium service offering Wall Street early access to Trump posts

Trump Media & Technology Group is preparing to launch a premium data service that would allow major Wall Street firms to receive US President Donald Trump’s Truth Social posts milliseconds before they reach ordinary users, according to reports by Reuters and the Financial Times.

The new licensed service, called “Truth API,” would provide subscribers with a faster data feed of posts from the platform’s 10 most influential accounts, including Trump’s own account. The service is expected to launch on August 1.

According to the reports, Trump Media is seeking as much as $100,000 per month for the premium service. Companies that commit to a three-year contract could receive a discounted rate of $60,000 per month.

Trump’s social media posts have frequently influenced financial markets, particularly when they involve trade, tariffs or economic policy. Even a delay of a few milliseconds can provide a significant advantage to high-frequency and algorithmic trading firms, potentially resulting in substantial financial gains.

The proposal has sparked criticism from ethics experts and Democratic lawmakers, who argue that selling early access to presidential communications could create unfair advantages for wealthy investors.

Senator Elizabeth Warren, the top Democrat on the Senate Banking Committee, described the plan as “shameful,” arguing that it would enrich Wall Street and benefit Trump’s family rather than the American public.

Trump’s family trust reportedly owns about a 41 percent stake in Trump Media, meaning a significant share of the revenue generated by the service could ultimately benefit the Trump family.

Donald Sherman, president of the watchdog group Citizens for Responsibility and Ethics in Washington, said the arrangement raises serious ethical concerns. However, he noted that existing US laws do not clearly prohibit a sitting president from allowing commercial access to market-moving information in this way.

The reports said the premium service is designed for institutional clients such as hedge funds, banks and trading firms seeking faster access to information that could influence financial markets.