Economy · 7 hours ago
Senators demand probe into Trump Media
🇺🇸 UNITED STATES — Democratic senators have formally requested that the U.S. Securities and Exchange Commission investigate Trump Media & Technology Group. The probe centers on the company’s new Truth API, which provides third parties with expedited access to Truth Social posts. Critics allege the service facilitates insider trading and raises significant ethical concerns regarding preferential market access.
First reported by aljazeera.com · developing for 8 days · 15 sourcessmh.com.auMoney, money, money: Trump rakes in the cash from his social media postscbc.caIs Trump's new 'Truth API' insider trading? | About Thathindustantimes.comWhat is Truth API? Trump media's controversial $100,000-a-month tool giving Wall Street fast access to Trump's postsbbc.co.ukWhat is Trump Media's Truth API and why is it controversial?nbcnews.comTrump Truth Social API: New bill would ban selling fast access to president's postsjpost.comWall Street can pay for early access to Trump's Truth Social postsscmp.comTrump faces ethics storm for 'pimping' fast access to his Truth Social postsnpr.orgTruth Social launches paid early access to Trump posts : NPRindependent.co.ukTrump's paid early access to Truth Social posts launches. Here's why officials are worriedfrance24.comFast access to Trump's ‘Truth Social’ posts goes on sale for $100,000 per monthcnbc.comTrump Media's new data service gives faster access to Trump's postsaljazeera.comDemocrat senators ask US SEC to probe Trump Media’s fast feed sale+3 more outlets
Why it matters
The investigation highlights concerns over potential market manipulation and ethics within media companies linked to political figures.