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Robert Reich: Trump’s Biggest Self-Dealing Scheme Yet – OpEd

3 0
23.07.2026

Trump Media Launches Premium Real-Time Data Feed: Starting August 1, 2026, Trump Media will offer high-frequency trading firms licensed, real-time access to posts from top Truth Social accounts (including Trump’s) for up to $100,000 per month, allowing traders to react to market-moving statements before the public.

Clear Conflict of Interest and Potential Illegality: As the largest shareholder, Trump stands to profit directly from this scheme, which critics argue constitutes illegal self-enrichment through his presidency, exploiting his ability to influence markets via social media posts.

Public Disgust with Corruption Growing: While Congress debates insider trading restrictions for lawmakers, Trump’s move highlights unchecked presidential profiteering; Reich argues this, combined with broader failures, will fuel voter backlash against Republicans in the midterms.

Starting August 1, Trump Media and Technology Group will launch a new data feed aimed at high-frequency trading firms whose profits are made by making trades a fraction of a second faster than everyone else. 

It will provide “licensed, real-time access to posts from the highest-ranking Truth Social accounts.” In other words, the feed will let you know what Trump has said before anyone else knows, meaning it’s well worth the tab that Truth Social will charge to see Trump’s posts before the rest of the public sees them — up to $100,000 per........

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