Overview
- Trump Media announced a Truth API in mid‑July that promises a licensed, low‑latency feed of posts from the 10 most influential Truth Social accounts, including President Trump, and says customers are signed up for an August 1 launch.
- Reports say TMTG discussed charging institutional clients as much as $100,000 per month with discounted multiyear offers around $60,000 per month for the faster feed.
- On July 28, Senators Elizabeth Warren and Adam Schiff formally asked the SEC to probe whether selling millisecond‑faster access to the president’s posts breaks securities or other laws, and the agency confirmed receipt of the request.
- Ethics experts and lawmakers warn the product could create a conflict of interest because President Trump owns roughly 41% of TMTG through a family trust, a stake that could financially benefit from paid access while existing federal conflict rules exclude the president.
- Industry groups have been urged to reject the feed and observers say the rollout could prompt regulatory review or congressional investigations if Democrats gain oversight after November, even though tech firms commonly sell prioritized data feeds.