Trump faces ethics storm for ‘pimping’ fast access to his Truth Social posts

Donald Trump's Truth Social platform has begun selling early access to his social media posts to Wall Street traders. This move, which started on Saturday, allows paying subscribers to receive sneak peeks of Trump's posts before they are publicly released. The article highlights concerns that this practice could lead to insider trading and the use of public office for private gain, as Trump's posts frequently influence markets by announcing policy changes. Experts suggest that if a CEO of a public company engaged in similar behavior, it could result in legal consequences. The service is compared to fast-speed feeds offered by other companies, but the article emphasizes that Truth Social's content is generated by the President himself, who has direct access to decision-making processes.

Truth Social, a business associated with President Donald Trump, is launching a new service that will sell Wall Street traders early access to his social media posts. This "Truth API" aims to provide high-frequency traders with a speed advantage in reacting to Trump's market-moving announcements on policy changes, from tariffs to central bank leadership. Critics raise concerns about insider trading and the use of public office for private gain, arguing that this practice could disadvantage retail investors. Trump's company defends the service as a free-market offering. The move comes as Trump Media & Technology, the parent company, faces significant financial losses. The service will also include posts from other prominent Truth Social contributors.