Trump should pull the plug on Truth API
“We will fight with every measure of our strength and with every ounce of our energy to lift up the working men and working women of America,” President Donald Trump said when he launched his reelection campaign in 2022.
TL;DR
- TMTG is launching a Truth API to deliver posts from Trump and other influential Truth Social accounts to paying customers.
- The service is marketed to organizations impacted by information delay, such as algorithmic trading firms, at a reported price of up to $100,000 per month.
- This creates a two-tiered system, providing privileged access to wealthy institutions that ordinary investors cannot afford.
- Trump's posts on Truth Social frequently announce market-moving information like tariffs, military decisions, and regulatory positions.
- Selling enhanced access to these announcements risks undermining confidence in American markets and creating the appearance of corruption.
- The arrangement presents a conflict of interest as Trump has a financial interest in TMTG, potentially profiting from the market impact of his own announcements.
- The API could lead to questions about whether presidential announcements are being commercialized and whether subscribers fear jeopardizing their access by criticizing the administration.