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Trump Media Launches Truth Social API, Draws SEC Attention

7/23/2026

Summary

Story summary

Trump Media will sell an API that gives Wall Street firms instant access to President Donald Trump’s Truth Social posts starting Aug. 1 for high-frequency-trading algorithms.
Professor James Cox of Duke Law warned the scheme could face legal challenges, like SEC probes of material, non-public data, while Richard Painter said it may invite insider-trading investigations.
Professor James Cox said congressional backlash could rise before the 2026 midterms as parties weigh the ethics.

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Story summary

Trump Media will sell an API that gives Wall Street firms instant access to President Donald Trump’s Truth Social posts starting Aug. 1 for high-frequency-trading algorithms.
Professor James Cox of Duke Law warned the scheme could face legal challenges, like SEC probes of material, non-public data, while Richard Painter said it may invite insider-trading investigations.
Professor James Cox said congressional backlash could rise before the 2026 midterms as parties weigh the ethics.