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Trump’s $100K/Month Truth API Spurs SEC Inquiry

8/6/2026

44 10 Full Breakdown

Summary

Story summary

President Donald Trump launched a paid Truth API that delivers his posts one-thousandth-second early.
The service’s top tier costs $100,000 a month and targets investment firms seeking faster data.
Senators Elizabeth Warren and Adam Schiff asked the SEC to investigate possible insider-trading violations after TMTG shares rose 5.5% to $10.39 on Aug 1.

History

Historical Context

In the 1970s fragmented stock quotes prompted Congress to direct the SEC to build a National Market System, formalized in 1975. The system was overhauled in 2005 with Regulation NMS, mandating faster trade reporting. Donald Trump’s 2024 Truth API now faces scrutiny from Senators Warren and Schiff, who cite that precedent to demand an SEC probe.

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Story summary

President Donald Trump launched a paid Truth API that delivers his posts one-thousandth-second early.
The service’s top tier costs $100,000 a month and targets investment firms seeking faster data.
Senators Elizabeth Warren and Adam Schiff asked the SEC to investigate possible insider-trading violations after TMTG shares rose 5.5% to $10.39 on Aug 1.

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