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What is Trump Media's Truth API and why is it controversial?

Trump Media & Technology Group (TMTG) has set up a paid service to give Wall Street firms access to Truth Social's most influential accounts.

BBC World By Michael Race Captured Aug 4, 2026, 10:09 AM
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When Donald Trump speaks, financial traders are among the keenest listeners.

From trade wars to military wars, anything the US president says can shift markets, and so teams of traders - as well as a host of automated computer systems - monitor his statements to perform trades within seconds.

Trump Media & Technology Group (TMTG) now wants to charge for such market-moving information put out on it Truth Social platform.

It has launched a paid service to give Wall Street firms and institutional investors the "fastest access" to the social media site's most influential accounts.

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