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The Latest Breaking News from Kevin McGurn

Trump's Closest Aide, Natalie Harp, Just Got Dragged Into a $100K-A-Month Truth Social Lawsuit

Natalie Harp golfed with Trump in Bedminster days after a motion named her in a federal suit trying to block Truth API's paid early access to his posts.

Latin Times

Trump Media CEO, CFO, CTO Sold Shares To Cover Tax as Bitcoin Bet Takes $238M Crypto Hit

Trump Media executives sold shares worth $756,000 to cover tax liabilities after stock units vested, following a $238.1m quarterly loss due to declines in digital assets.

International Business Times UK

Trump Is Getting Sued Over Early Access To His Social Media Posts. Trump Media CEO Says More Are Paying.

"We're getting into the mid-teens now, and we're climbing," Trump Media interim CEO Kevin McGurn said.

International Business Times

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Trump Truth Social Lawsuit Says Wall Street Traders Pay $100K a Month To See His Posts Before You Do

Wall Street firms pay up to $100,000 a month to read Trump's Truth Social posts milliseconds early, leaving retail and 401(k) investors last. A federal lawsuit calls it corrupt.

International Business Times UK

Trump Media Is Selling Early Access to the President's Truth Social Posts for $100,000 a Month

Press groups are suing Trump Media over the scheme, calling it “profoundly corrupt.”

Reason

Nearly a dozen firms are already paying up to $100,000 per month for early access to Trump’s Truth Social posts

The release of Truth API has raised concerns about insider trading among economists and legal experts.

Fortune

Trump sued over $100,000-a-month early-access offer to Truth Social posts

Suit alleges subscription offer aims to sell privileged access to information generated in president’s official capacity

The Guardian - US

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Trump's Truth Social Suffers Stunning Double-Digit Traffic Decline

Trump's Truth Social suffers a 36% traffic plunge, yet Wall Street firms are paying up to $100,000 a month for faster access to Trump's market-moving posts.

International Business Times UK

Trump Media Is Selling Early Access To The President's Social Media Posts. He Is Now Getting Sued.

President Donald Trump has been sued over the sale of early access to his posts on Truth Social.

International Business Times

Trump Media's Quarterly Loss Widens Tenfold to $238M as Firm Pulls Back From Crypto and Betting

Trump Media reported a £176.3 million loss, prompting a strategic shift away from cryptocurrency and betting ventures to focus on its core social platform, Truth Social, and new data services.

International Business Times UK

Trump's Truth Social Posts Have a Price Tag. Wall Street Firms Are Already Paying For Early Access.

Truth API launched at the beginning of August and is designed to give paying customers quicker access to posts from some of the social media platform's most influential accounts, including President Donald Trump's.

International Business Times

Over 10 Traders Pay $100K a Month To See Trump's Posts Before Everyone Else in Early Access Subscription

Trump Media says more than 10 institutional customers have signed up for Truth API, which can cost up to $100,000 (£73,500) monthly amid a $238.1 million (£175 million) loss.

International Business Times UK

Donald Trump’s Truth Social media company just posted a $238 million loss, still pursuing nuclear fusion ambitions

Trump Media CEO teases "affordable and abundant fusion power."

We Got This Covered

Trump Media sinks to £176 million loss and refocuses efforts on Truth Social

Trump Media & Technology’s second quarter losses were more than 10 times those a year earlier.

Evening Standard

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The Independent UK

Trump’s Truth Social to charge Wall Street $1.2M a year for early access to posts

The president’s media company has tried its hand at a half-dozen new lines of business to lift its stock, but nothing has worked

The Guardian - US

Trump’s media company, which also owns Truth Social, reports $238m loss

Company also announced a paid service for early access to president’s posts on policies to the social media site

Fortune

‘This is insider trading by definition’: Trump sells $100,000 monthly subscription service to Wall Street to further monetize the presidency

Wall Street firms will get information milliseconds faster than the general public—and Trump will directly benefit.

The Guardian - UK

‘Brazen corruption’: critics denounce Trump Media plan to sell priority access to Truth Social posts

Move would allow Wall Street trading firms and other institutions to potentially profit from seeing president’s posts first

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The Independent UK

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

The initiative aims to provide trading firms and other institutions with real-time news from top Truth Social contributors

The Guardian - US

Trump Media and Technology Group lost $406m in first three months of 2026

Parent company of president’s Truth Social platform generated only $870,000 even as net sales were up 6%

The Independent UK

Trump Media boss replaced in major shakeup for president’s Truth Social platform

IN FULL

International Business Times UK

Trump Media Lost £544 Million on £2.8 Million in Revenue as Stock Plummets: CEO Devin Nunes Just Called It Quits

Trump Media CEO Devin Nunes resigns amid major losses, with Kevin McGurn as interim CEO as the company faces declining stock value and ongoing operational challenges.

The Independent UK

Ex-Congressman turned CEO of Trump Media Devin Nunes removed after stock slide

The California Republican left Congress in 2021 to take on the CEO role

International Business Times UK

Trump's Media Gets New CEO After Stock Collapses, $6B Lost: Nunes Out, McGurn In, For 'Most Powerful Brand'

Trump Media & Technology Group replaces CEO Devin Nunes with Kevin McGurn amid financial losses and strategic shifts, as Truth Social struggles to expand beyond its core audience.

Broadcasting & Cable

Ad Sales Research Head Andrea Zapata is Leaving Warner Bros. Discovery

Exec moving to T-Mobile

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