Financial traders are among the most attentive listeners when Donald Trump speaks. Teams of traders and a variety of automatic computer systems keep an eye on the US president’s remarks to execute deals in a matter of seconds since anything he says can affect markets, from trade battles to military conflicts. These days, Trump Media & Technology Group (TMTG) intends to charge for information that moves the market on its Truth Social platform. In order to provide Wall Street corporations and institutional investors with the “fastest access” to the most influential accounts on the social media platform, it has introduced a subscription service.
Although TMTG has not explicitly stated that the service includes the president’s account, it is reasonable to assume that his messages would be among, if not the most, impactful given that he has the most followers on the site—roughly 13 million. But the action has raised a number of ethical and legal concerns, such as whether it is appropriate for a business in which the president’s family still owns the majority of the shares to benefit from his own public remarks.
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