Donald Trump's social media company, Trump Media & Technology Group (TMTG), is considering charging Wall Street firms up to $100,000 monthly for faster access to posts on its Truth Social platform.

The 'Truth API' would provide banks and trading firms with rapid access to the 10 most influential Truth Social accounts, potentially impacting trading strategies.

Critics, including US Senators, argue this arrangement could benefit Trump financially and raise ethical concerns about profiting from the presidency.Democrats and watchdog groups have criticized the move as unethical, noting it could allow traders to gain a speed advantage in markets.

While TMTG claims the API is part of its data licensing efforts, the plan has drawn scrutiny over potential conflicts of interest and regulatory implications.The company has also offered a discounted rate of $60,000 for three-year contracts.

This development highlights growing tensions between political influence and financial markets, as access to real-time presidential social media content becomes a lucrative asset.