Donald Trump's own company is now charging Wall Street up to a reported $100,000 (£74,200) a month for the earliest sight of his market-moving Truth Social posts. Senators Elizabeth Warren and Adam Schiff want the watchdog for a $76.9 trillion (£57 trillion) American stock market to investigate what they call 'an outrageous abuse of the President's office for his personal benefit.'
The product is Truth API, an application programming interface (API), which in plain terms is a feed built for trading machines to read rather than a page for people to scroll. The feed went live on Saturday, 1 August, four days after the two Democratic lawmakers wrote to the Securities and Exchange Commission (SEC) demanding an investigation before launch day.
