Donald Trump's media company plans to sell high-speed access to Truth Social posts, potentially giving Wall Street firms a trading advantage before the general public, according to a report by The Guardian.
The service, named Truth PSI, aims to provide institutional subscribers with first look at content from high-profile accounts.
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Critics argue it could leverage presidential decisions for corporate profit.
Ethical Concerns Raised
Kathleen Clark, a professor at Washington University School of Law and an expert in government conflict of interest rules, raised immediate ethical objections.
"He's selling expedited, privileged access to information about what he is doing as president," Clark said, warning that the setup represents a direct conflict with traditional ethical standards.
Clark described the initiative as "yet more brazen corruption, an improper exploitation of government power to enrich himself."
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Revenue Strategy
The parent entity, Trump Media & Technology Group, has been seeking new revenue streams to bolster its performance.
Kevin McGurn, recently appointed chief executive, indicated the offering aligns with broader commercial objectives.
In a release, McGurn described Truth PSI as part of a "strategy to monetise proprietary assets."
He added that the premium data feed would yield substantial financial benefits and become a "meaningful, ongoing source of revenue."
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Trump Media plans to officially debut the high-speed subscription service next month, having already secured its initial cohort of institutional clients.