Trump's Truth API Sells Millisecond Access to Presidential Posts
Paid millisecond delivery of the president’s Truth Social posts has prompted a federal lawsuit seeking to block the service.
Overview
- Truth Media launched the Truth API on Aug. 1 and says it has signed more than ten institutional subscribers who pay roughly $60,000 to $100,000 per month for machine‑readable, millisecond delivery of top posts.
- The Intercept and the Freedom of the Press Foundation filed a federal suit in Manhattan on Aug. 12 asking a court to bar paid priority access and arguing the practice violates the First and Fifth Amendments.
- Reporters and commentators estimate the deals could bring roughly $1 million to $2 million a month depending on client count, which critics say creates a financial benefit for the company’s owners.
- Lawmakers led by Rep. Jamie Raskin have opened inquiries and sought answers from Truth Media’s CEO while warning the program may violate the STOCK Act because the president holds a reported near‑41% economic stake in the company.
- Policy and market experts warn millisecond advantage can let high‑frequency and institutional traders act before retail investors when posts move stocks, commodities, or crypto, and regulators have not yet issued a ruling.