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Trump Media Launches Truth API After 10+ Trading Firms Sign Up

8/18/2026

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Summary

Story summary

President Donald Trump’s Trump Media & Technology Group launched the Truth API on August 1, 2026.
Interim CEO Kevin McGurn said more than ten high-frequency trading firms have signed up for the API.
McGurn added the company is courting hyperscalers, news outlets and AI developers for subscriptions.
Project on Government Oversight director Dylan Hedtler-Gaudette called the pay-to-play model, which can cost up to $100,000 a month, a brazen scheme.

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Story summary

President Donald Trump’s Trump Media & Technology Group launched the Truth API on August 1, 2026.
Interim CEO Kevin McGurn said more than ten high-frequency trading firms have signed up for the API.
McGurn added the company is courting hyperscalers, news outlets and AI developers for subscriptions.
Project on Government Oversight director Dylan Hedtler-Gaudette called the pay-to-play model, which can cost up to $100,000 a month, a brazen scheme.