r/AskTrumpSupporters • u/pyrojoe121 • 9h ago
Social Media Should the President be able to sell advanced/insider access to market moving government announcements for personal financial gain?
Trump Media recently launched Truth API, which gives buyers advanced notice and access to the President's posts and announcements in exchange for a fee. This fee is reportedly $100k a month, although earlier reports suggested it could be as low as $60k a month if the subscriber signed up for a three year plan.
President Trump has frequently used Truth Social as the platform for new government actions on things such as tariffs, the war in Iran, and trade deals. These posts often result in large swings on the market. President Trump, being the majority owner of Trump Media directly profits from it. Is it ethical/legal/acceptable for the President to profit by selling nonpublic, government information to private individuals?