* Trump Media ( DJT ) has also pitched $60,000 monthly three-year

plan, people familiar with the matter said

* Truth API will deliver posts from 10 influential accounts

faster than for regular push notifications

* Trump's trust holds about 114.75 million TMTG shares, or

roughly 41% of outstanding stock, filings showed

By Anirban Sen, Jaspreet Singh and Courtney Rozen

NEW YORK, July 17 (Reuters) - Donald Trump's social media

company has discussed charging Wall Street traders and

investment firms as much as $100,000 a month for faster access

to the U.S. president's posts on his Truth Social platform,

according to people familiar with the matter.

Trump Media & Technology Group ( DJT ), which owns Truth

Social, has in recent weeks also pitched a discounted plan of

$60,000 per month if the firms sign up for a three-year plan,

the sources said, requesting anonymity as the discussions are

confidential.

TMTG on Thursday unveiled a paid-for, licensed data feed called

"Truth API" to provide banks and trading firms the fastest

access to posts from the 10 most influential Truth Social

accounts, but did not give any pricing details.

The move would be the company's first step into data

licensing, opening up a new revenue stream, although it drew

immediate criticism from Democrats.

U.S. Senator Ron Wyden of Oregon, the highest-ranking

Democrat on the Senate Finance Committee, said it would

financially benefit the Trump family and "make Wall Street

traders rich."

The White House referred questions on Wyden's remarks to

TMTG, which did not immediately respond to a request for

comment.

Trump's social media posts often move markets, and the

profits of many top trading firms, hedge funds and financial

services firms depend heavily on the speed at which they can

execute trades.

On April 9, 2025, for example, Wall Street's main indexes

turned sharply higher after Trump said in a Truth Social post

that he would pause many of his new tariffs for 90 days.

Access to the Truth API would be essential for

high-frequency trading firms as a speed advantage of just a few

milliseconds can result in hundreds of thousands of dollars of

gains on big trades, the sources said.

The Financial Times reported the discussions on the $100,000

subscription fee earlier on Thursday.

PROFIT FROM POLICY ANNOUNCEMENTS

TMTG has faced challenges in ramping up its media business

amid intense competition from larger social media firms. The new

product will provide round-the-clock coverage of influential

posts and include an archive of posts dating back to 2022. The

company said it has already signed up customers ahead of the

August 1 launch, but did not say who they are.

Some of the most-followed accounts on Truth Social belong to

Trump himself and those closely aligned with him, including his

sons Donald Trump Jr. and Eric Trump, as well as prominent

supporters such as Dan Bongino and Sean Hannity.

The Donald J. Trump Revocable Trust holds roughly 114.75

million shares, representing about 41% of all outstanding stock

in TMTG, according to regulatory filings. The trust, which his

children oversee, administers Trump's investments.

Critics have raised questions around whether Trump and his

family have sought to boost their fortunes by profiting off

policies announced by his administration. In his most recent

financial disclosures, Trump reported more than $1.4 billion in

income from his family's crypto ventures last year, after his

income from digital assets benefited from policies he had

announced.

The Truth API arrangement would be "wildly unethical," said

Donald Sherman, president of the nonpartisan watchdog group

Citizens for Responsibility and Ethics in Washington, because

the president stands to benefit from payments for faster access

to his posts. However, it is difficult to determine from

publicly available information whether it is illegal, he said.

Sherman and other experts note that the Constitution's

emoluments clauses, designed to thwart corruption, would not

apply in this case. They bar federal officials from accepting

gifts from foreign governments without congressional approval,

and the president from receiving gifts from states.

And while federal regulations broadly prohibit the buying or

selling of a security based on material, non-public information,

that restriction would not apply if potentially hundreds or

thousands of people receive earlier access to his posts, Sherman

said.

"I don't think Congress or any regulatory body ever

contemplated that a president or a market-mover would engage in

this kind of paying-for-access type arrangement," he said.

U.S. Senator Elizabeth Warren, the top Democrat on the

Senate Banking Committee, said it was "an egregious scheme to

profit off the presidency and enrich Wall Street while doing

nothing to help Americans."

While the White House has said Trump's business empire is

overseen by his children, the president is the beneficiary of

the income that flows into his trust.

Shares of TMTG, which have shed roughly 27% of their value

this year, closed roughly flat at $9.66 on Friday, giving the

company a market value of about $2.7 billion.