Trump’s $100,000-a-month Truth Social perk just triggered a lawsuit
President Trump has an unprecedented array of income streams pouring right into the Oval Office, but a lucrative new scheme may run afoul of the Constitution. In July, Truth Social’s parent company announced that it would sell first-look access to the social platform’s posts, a move designed to entice Wall Street traders to splash out big bucks for exclusive market-moving information. The price?…
A lawsuit has been filed against President Trump and his social media platform, Truth Social, alleging that the company's monetization of the president's account violates constitutional rights. The Freedom of the Press Foundation and The Intercept are taking legal action, claiming that selling first-look access to the president's posts for up to $100,000 a month is a blatant corruption and unconstitutional.
The lawsuit argues that the First Amendment guarantees equal access to the President's public announcements, while the Fifth Amendment prohibits charging unreasonable sums for access to government information. According to the lawsuit, Truth Social's ultra-premium feature, called Truth API, provides licensed, low-latency access to the president's posts the instant they go live.
In response to the lawsuit, Trump Media CEO Kevin McGurn defended the arrangement, stating that it creates a new income stream for the company and that users with the deepest pockets can access the president's posts "fractionally faster" than others.
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