Trump blatantly tries to manipulate markets by selling fast access Truth Social to Wall Street firms
The thin veil that has historically clouded government corruption is in the trash—under the current Trump administration, blatant ethical misconduct is in.
Truth Social executives announced Thursday that the company would sell Wall Street firms premier access to Donald Trump’s market-rattling online posts, granting traders an advantage over the general public with regard to anticipating stock market fluctuations due to the president’s social media habits.
The product, marketed as “Truth API,” apparently aims to make fast cash by sanitizing insider trading, an illegal activity that is actively investigated by the Securities and Exchange Commission. Truth API is expected to provide continuous 24/7 coverage, as well as access to an archive of the president’s posts on the site dating back to 2022. [Continue reading…]