US senator urges Wall Street to reject offer of paid early access to Trump posts

The product, called "Truth API," will deliver posts from the 10 most influential accounts to customers at a significantly faster pace than a regular push notification on the Truth Social platform. Tech platforms are generally allowed to offer clients early access to data, even if it disadvantages some market participants, according to lawyers, although other ethics experts have said the situation is unusual because Trump's posts are government information.

Reuters has reported, citing sources, that the social media company has discussed charging Wall Street traders and investment firms as much as $100,000 a month for faster access. TMTG has also recently pitched a discounted rate of $60,000 a month for firms that sign up for three years, the sources said.

The Donald J. Trump Revocable Trust holds roughly 114.75 million shares, representing about 41% of all outstanding stock in Truth Social's parent company TMTG, according to regulatory filings. That trust administers Trump’s investments and is overseen by his children.