Truth Media and Technology Group rolled out its fastest‑access product in July, offering a proprietary API that pushes Trump’s posts to subscribers in 50 milliseconds, a gap that rivals the latency of professional trading algorithms.
Bloomberg, Susquehanna International Group and Jump Trading—three of the market’s most sophisticated high‑frequency traders—have signed contracts that grant them the feed, according to insiders familiar with the arrangements.
The speed advantage is more than a technical novelty; a 50‑millisecond lead can trigger automated buys or sells before the rest of the market reacts, a factor that helped drag oil futures down by 3% after Trump’s ceasefire post in April.
Senators Elizabeth Warren and Adam Schiff have urged the Securities and Exchange Commission to probe whether the API violates securities laws, calling the arrangement a "shocking abuse" of presidential office. Trump Media’s spokesperson dismissed the criticism as politically driven.
The SEC has declined to comment, but a formal investigation is likely to be launched within weeks, while the lawsuit filed by Intercept Media and the Freedom of Press Foundation seeks to block the paid feed on constitutional grounds.
Meanwhile, Trump Media’s shares have fallen more than 50% this year, and the company’s market value has slid from an $8‑billion debut to about $1.8 billion, underscoring the financial stakes of the controversy.