Trump faces ethics storm for ‘pimping’ fast access to his Truth Social posts

The move raises questions about insider trading and using public office for private gain

Similar fast speed feeds are sold by other social media firms and media providers, but Truth Social does not just distribute the news; it makes it, regularly rattling markets as Trump posts policy changes on everything from war to central bank leadership to tariffs.

“If this was the CEO of a public company, this would be jail time,” said Irene Aldridge, head of Able Alpha Trading, which does not plan to buy the service. “We have a president of the United States who has the front seat to all the action, who makes all the decisions, and he’s disclosing this ahead of time to a select group.”

Asked about the propriety of the new service and whether White House lawyers had vetted it, Trump’s press office declined to comment, referring questions to Truth Social’s publicly traded parent.

That company, Trump Media & Technology, issued a statement blasting Democratic critics for mischaracterising the service “out of ideological opposition to free markets or a failure to grasp the distinction between public and non-public information – or, quite possibly, both”.

A prolific poster, Trump has sent stocks, bonds and currencies soaring and plunging with his online musings and threats. That presents opportunities for so-called high-frequency traders that specialise in buying and selling within milliseconds, exploiting tiny, fleeting differences in prices.