Trump Media Pitches $100K Monthly Fee for Fast Truth Social Feed
Trump Media & Technology Group (TMTG), owner of Truth Social, has discussed charging Wall Street traders up to $100,000 per month for faster access to President Donald Trump's posts. A discounted three-year plan at $60,000 monthly was also pitched. TMTG launched a paid data feed called "Truth API" on Thursday, offering fastest access to posts from the top 10 influential accounts, but did not disclose pricing. The move drew criticism from Senator Ron Wyden (D-Oregon), who said it would enrich the Trump family and Wall Street traders. TMTG did not comment. The service targets investors seeking speed advantages, as Trump's posts often move markets.
Key facts
- Trump Media & Technology Group pitched a $100,000 monthly fee for fastest access to Trump's Truth Social posts.
- A discounted three-year plan at $60,000 per month was also discussed.
- TMTG launched 'Truth API' on Thursday for fastest access to top 10 Truth Social accounts.
- Pricing details were not disclosed in the launch.
- Senator Ron Wyden criticized the move, saying it benefits the Trump family and Wall Street.
- The White House referred questions to TMTG, which did not respond.
- Trump's posts often move markets, making speed valuable for traders.
- The service is TMTG's first step into data licensing.
Entities
Institutions
- Trump Media & Technology Group
- Truth Social
- Truth API
- Senate Finance Committee
Locations
- United States
- Oregon