Sen. Patty Murray (D-Wash.) accused President Donald Trump of turning his Truth Social posts into a "get-rich-quick scheme" by selling early access to his content.
Murray Slams Truth Social Plan
On Tuesday, Murray criticized the plan in a post on X, writing, "There is no get-rich-quick scheme Trump won’t try."
"The latest? Selling early access to his posts on Truth Social," she added.
Murray called the arrangement "BLATANT CORRUPTION."
"We cannot let this crooked money grab go unanswered. I will push for accountability," she added.
Truth Social API Draws Lawsuit Over Trump Posts
Earlier this month, Trump Media and Technology Group Corp. (NASDAQ: DJT ) launched its Truth API, charging businesses $60,000 to $100,000 a month for real-time access to posts from prominent Truth Social accounts, including Trump’s.
The service drew criticism over concerns that wealthy investors could receive market-moving posts before the public.
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3 min read Read this articleThe Intercept and Freedom of the Press Foundation sued, arguing the service improperly put presidential communications behind a paywall and violated First Amendment protections.
Latest Private Market Opportunities Join 400,000+ InvestorsThey called the arrangement "profoundly corrupt" and alleged Trump could financially benefit from selling faster access to government information.
Trump Media defended the API as a licensed feed of the platform’s "most market-moving Truths."
Critics Slam Trump Truth Social Early Access
Economist Peter Schiff, Senate Minority Leader Chuck Schumer (D-N.Y.) and Anthony Scaramucci criticized Trump Media Truth API.
Schiff argued that selling early access was not standard industry practice because Trump was president and the company was owned by him.
Schumer said similar conduct by a private company executive could have serious legal consequences, writing, "If this were the CEO of a private company, they could face jail time."
Scaramucci called the service a "scheme hiding in plain sight" and warned that millisecond-level access to Trump’s potentially market-moving posts could allow hedge funds to gain an advantage over retail investors.
Disclaimer : This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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