← Back to news
August 4, 2026
Trump Media Launches Controversial Truth API for Traders
- Truth API provides real-time access to influential posts on Truth Social, potentially including those from Donald Trump.
- The service targets high-frequency trading firms, with fees possibly reaching $100,000 per month, though TMTG has not confirmed this.
- Democratic Senators have urged the SEC to investigate whether the service violates insider trading laws, citing ethical concerns.
3 Sources
- Wall Street finds new edge behind Trump's presidential paywallAug 4, 2026 at 9:00 AM · Axios
- What is Trump Media's Truth API and why is it controversial?Aug 4, 2026 at 9:40 AM · BBC
- Senate Democrat unveils bill barring social media from selling early access to official posts after Trump API launchAug 4, 2026 at 2:59 PM · The Hill