The incoming administration is preparing to launch a premium subscription service that would grant Wall Street traders millisecond-level advance access to posts from top-ranking accounts on Truth Social, potentially generating significant revenue for the president’s media company.
Trump Media & Technology announced the initiative, dubbed Truth PSI, in a brief statement Thursday. The service would target high-frequency trading firms seeking split-second advantages in financial markets where timing measured in fractions of a second can determine profitability.
The president maintains 12.9 million followers on the platform, the largest account by far, suggesting his posts would likely be included in the premium tier. Trump Media CEO Kevin McGurn characterized the offering as part of the company’s strategy to establish “meaningful” revenue streams by “monetizing proprietary assets.”
Posts from the president have repeatedly moved markets with dramatic swiftness. When Trump announced a major tariff initiative in April last year, stocks fell nearly 5 percent within hours, while a subsequent announcement reversing the policy sent equities surging 9.5 percent and adding $4 trillion in market value.
His announcements regarding military and diplomatic matters have likewise proven consequential for commodity traders. A June posting about an Iran ceasefire caused oil prices to plummet immediately.
Ethics watchdogs argue the arrangement represents an unprecedented convergence of presidential power and personal profit. Kathleen Clark of Washington University School of Law described it as “brazen corruption,” while Dylan Hedler-Gaudette of the Project on Government Oversight called the scheme “odious.”
Legally, however, the president occupies a unique position. Federal conflict-of-interest statutes explicitly exempt the chief executive and vice president from provisions that would otherwise prohibit government officials from profiting off their office.
Previous presidents have voluntarily complied with the spirit of these restrictions by divesting business interests or establishing blind trusts. Trump has declined to follow this precedent.
Neither the White House nor Trump Media responded to requests for comment regarding the service’s pricing structure or whether the president’s posts specifically would be included in the offering.
The company has struggled since Trump took office, with its stock price declining more than 70 percent. The service announcement prompted modest gains Thursday, with shares rising 0.6 percent, before climbing another 0.3 percent the following day to close at $9.66.
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