Bloomberg and two trading firms have agreed to pay for faster access to President Donald Trump's posts on Truth Social. This raises a key question: Is it fair for some investors to access market-moving news before others?
According to a news report, Bloomberg, Susquehanna International Group, and Jump Trading are among the subscribers to Truth API. Trump Media & Technology Group launched the service in July 2026. It delivers posts from key accounts, including Trump's, about 50 milliseconds faster than they are available through standard access. All three companies declined to comment.
Susquehanna and Jump Trading use computers to read news and make trades in a split second. Even a tiny head start can help them act before other buyers and sellers. Trump's posts on tariffs, trade, and global conflicts can move prices fast. In April, oil futures fell after he announced a ceasefire in the Iran war on Truth Social.
Trump Media told investors it has signed more than 10 customer deals for Truth API. It said most buyers are Wall Street trading firms paying USD 60,000 to USD 100,000 a month. The company calls Truth API a standard product that meets demand across many industries.
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The deal has drawn attention since Trump's family trust owns about 41% of Trump Media. His son, Donald Trump Jr., is the trustee and holds sole voting and investment power. The White House says Trump and his family are not directly involved in investment decisions.
Democratic Senators Elizabeth Warren and Adam Schiff have asked the Securities and Exchange Commission to look into whether the service breaks securities laws. The regulator declined to comment.
In August, Intercept Media and the Freedom of the Press Foundation sued Trump. They object to Truth Social being the main place for official announcements while a paid service offers faster access.
The scrutiny could affect how officials distribute market-moving announcements. It may also decide whether private companies can charge financial firms for quicker access to a president's words. For now, the questions about fairness and conflicts of interest remain open.