United States President Donald Trump’s social media company, Trump Media and Technology Group, is reportedly considering charging a $100,000 monthly fee for priority access to his social media posts. The company announced on Thursday, July 17th, 2026, that it would offer a paid-for, licensed data feed called “Truth API” aimed at banks and trading firms. This feed would grant privileged access to the website Truth Social’s 10 most influential accounts, with Trump’s account being the most prominent.
The news agency Reuters reported on Friday, July 18th, 2026, that the company has discussed charging financial traders and firms a steep fee for early access to Trump’s posts. The British newspaper The Financial Times also reported similar details.
The prospect of monetizing expedited access to presidential information has raised major ethical concerns. Critics argue that it could act as a barrier to government transparency and provide a means for Trump to profit from the presidency. Kathleen Clark, an expert in conflict-of-interest rules at Washington University School of Law, stated, “He’s selling expedited, privileged access to information about what he is doing as president.”
This development comes amid ongoing accusations that the US president has frequently traded government influence for improper financial gain.
Additional Context
- Trump has recently made statements about the US becoming the “guardian” of the Strait of Hormuz and collecting tolls.
- He has also adjusted his stance on a proposed 20 percent fee related to the Strait of Hormuz amid escalating tensions in the Iran war.
- Key takeaways from Donald Trump’s controversial speech on election security have been noted.
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