Raw America: “Trump Media & Technology Group has rolled out a paid data product called Truth API, which sells banks and trading firms faster access to posts from the ten most influential Truth Social accounts, including the president’s. The company says it’ll beat a regular push notification, giving trading firms a speed edge on posts that regularly move global markets. TMTG’s interim CEO, Kevin McGurn, says the product is meant to become “a meaningful, ongoing source of revenue” for the company. Trump’s own posts, like his “Liberation Day” tariff announcements and comments on China trade restrictions, have already jolted markets in the past, and now the company is charging traders for a head start on reading them. The service launches August 1, with round-the-clock coverage and an archive going back to 2022. TMTG says firms have been scraping its data illegally for months already, and McGurn made clear the company plans to make life difficult for anyone who keeps doing that instead of paying up. So just to be clear, Trump not only knows his social media posts move markets, but now he’s charging investors for the privilege of getting premium access to them. If this was in a movie script about a corrupt president, it would be rejected for being too on-the-nose…”
AP – Trump firm plans to sell priority access to Truth Social posts, possibly his own. “President Donald Trump’s media company is planning to charge for special high-speed access to Truth Social posts, including possibly his own affecting national security and financial markets. The move announced Thursday would allow Wall Street trading firms and other institutions to get news from top Truth Social contributors in milliseconds so they could profit off subsequent moves in stocks, bonds and interest rates. Called Truth PSI, the new service comes amid a flurry of other deals by Trump and his family company that critics say are exploiting the presidency for profit. It follows similar offers of paid access on rival platforms, though with one key difference: The most popular Truth Social poster is the president himself and, as the biggest shareholder of the public traded parent company, would directly benefit. “He’s selling expedited, privileged access to information about what he is doing as president,” said Kathleen Clark of Washington University School of Law and an expert in government conflicts of interest rules. “It’s yet more brazen corruption, an improper exploitation of government power to enrich himself.”