All posts tagged: Kathleen Clark

Trump accused of ‘brazen corruption’ with plan to sell Wall Street early access to his Truth Social posts

Trump accused of ‘brazen corruption’ with plan to sell Wall Street early access to his Truth Social posts

President Donald Trump’s media company is reportedly planning to introduce a paid service offering high-speed access to Truth Social posts, including those that could impact national security and financial markets. The initiative, announced Thursday, aims to provide Wall Street trading firms and other institutions with real-time news from top Truth Social contributors, enabling them to potentially profit from subsequent market fluctuations in stocks, bonds and interest rates. Dubbed Truth PSI, this new offering emerges amidst a series of other ventures by Trump and his family company, which critics argue exploit his public office for personal gain. While similar paid access options exist on competing platforms, Truth PSI presents a unique aspect: Donald Trump himself is the platform’s most prominent poster and, as the biggest shareholder in the publicly traded parent company, stands to benefit directly from the service. Stock in Trump Media & Technology has plunged more than 70% since the president took office last year, erasing $6 billion in shareholder wealth (Reuters/Stoyan Nenov) “He’s selling expedited, privileged access to information about what he is …