Lawsuit seeks to ban Trump Media from charging for early access to president’s posts on US policy
NEW YORK (AP) — President Donald Trump was sued in federal court Wednesday to stop him from making money off a new, paid service at his Truth Social company offering early, exclusive access to his posts on U.S. policy. The lawsuit…
President Donald Trump has been sued in federal court to prevent him from profiting from a new paid service offered by his Truth Social company, which provides exclusive access to his posts on U.S. policy, the Associated Press reports. The lawsuit claims that Trump's arrangement to post first about U.S. policy decisions such as war and tariffs on his own company's site breaches the Constitution and argues that official announcements should be made available to everyone simultaneously.
The suit follows the launch of a subscription service by Trump Media & Technology, which charges Wall Street firms up to $100,000 a month to get his posts faster for trading purposes. According to Seth Stern, chief of advocacy at the Freedom of the Press Foundation, a plaintiff in the case alongside news outlet The Intercept, Trump selling priority access to his news for the benefit of a privately controlled company is unconstitutional and blatantly corrupt.
Trump Media responded, stating that selling fast access to traders is common in their industry and that the plaintiffs are attempting to silence the president and harm their shareholders by weaponizing the courts. The early access service comes as the publicly traded Trump Media continues to lose hundreds of millions of dollars each quarter, with its stock price dropping below $10 from $62 shortly after going public two years ago.
Written by urgent.news from Associated Press's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
