Trump Media Defends Premium “Fast-Lane” Access to Truth Social Posts Amid Democratic Pushback

Trump Media & Technology Group announced a paid service that gives institutional investors and other financial clients priority, sometimes seconds-ahead, access to former President Donald Trump’s Truth Social posts. Prices can reach $100,000 per client.

Interim CEO Kevin McGurn defended the model on CNBC’s *Squawk Box*, emphasizing that the service fulfills a clear market need. “This was demand that came to us from the market so we want to make sure we satisfied that demand in the most brightly lit way.” — Mr. McGurn He added that demand has risen since the service launched, noting, “We’re getting into the midterms now, and we’re climbing.” “We’re getting into the midterms now, and we’re climbing,” — Mr. McGurn

Democratic senators Adam B. Schiff (California) and Elizabeth Warren (Massachusetts) have urged the Securities and Exchange Commission to investigate whether the premium access violates securities law.

California Representative Sam Liccardo, a sponsor of legislation to bar pay-for-fast-track access to government officials’ accounts, warned that “politicians must not convert public office into a putrescent platform for pay-per-view profiteering.” “Politicians must not convert public office into a putrescent platform for pay-per-view profiteering,” — Mr. Liccardo

• Service pricing: up to $100,000 per client.

• Early uptake: “more than 10” orders signed within the first two weeks.

• Current follower count on Trump’s Truth Social account: 13 million.

• “This was demand that came to us from the market so we want to make sure we satisfied that demand in the most brightly lit way.” — Kevin McGurn, interim CEO, Trump Media & Technology Group “This was demand that came to us from the market so we want to make sure we satisfied that demand in the most brightly lit way.” — Mr. McGurn

• “We’re getting into the midterms now, and we’re climbing,” — Kevin McGurn, interim CEO, Trump Media & Technology Group “We’re getting into the midterms now, and we’re climbing,” — Mr. McGurn

• “Politicians must not convert public office into a putrescent platform for pay-per-view profiteering,” — Sam Liccardo, U.S. Representative, California “Politicians must not convert public office into a putrescent platform for pay-per-view profiteering,” — Mr. Liccardo