Truth Social Launches Paid Early Access to Trump Posts

Bobby Allyn, reporting for NPR:

Trump Media & Technology Group is now shopping to traders and investors a premium version of Truth Social delivering early access to the feeds of high-profile users, including the president. Starting Saturday, for a fee of up to $100,000 a month, trading firms can access “Truth API” to get a glimpse of the president’s often market-moving announcements about economic policy and global affairs before the rest of the world.

Trump’s media company says customers have already started signing up. Such an offering would give institutional investors a leg up in areas of finance like high-frequency trading, where an advantage of a few milliseconds can mean the difference of millions of dollars. But will the service be widely adopted across Wall Street?

“It’s insane,” said one Wall Street executive, who requested anonymity for fear of retaliation from the Trump administration. “I can say for myself and 200 of my friends in finance, we’re not getting anywhere near this. In another administration, this would be considered criminal.”

It is criminal. It’s prima facie insider-trading-as-a-service, or at least it’s intended to be. And in the next administration, there’s no reason to think it won’t be prosecuted as such. It really is astonishing how far the Trump 2.0 administration is willing to take the notion that it’s not corruption if it’s done in the open. There’s an old adage that it’s not the crime but the cover-up that does you in. They’ve taken this to heart and just eschewed the cover-ups.

★ Monday, 3 August 2026