Wall Street backlash is mounting over Trump Media & Technology Group's proposal to charge $100,000 monthly for high-speed access to Donald Trump's Truth Social posts. The Nasdaq-listed company announced a data service providing millisecond-faster access to top accounts, the latest moneymaking venture from the president's White House tenure. His business portfolio earned $2.2bn in 2025, per financial disclosures.

Lawyers describe the product as a legal minefield. Richard Painter, former White House ethics adviser, warns firms against subscribing without guarantees of no advance notice on government-action posts. James Cox of Duke University argues Trump may be using government information for private benefit, given his $1.1bn stake. State attorneys-general could investigate independently.

Hedge funds view Trump's posts as market-moving; a pitch deck cited $580mn in pre-announcement trades before Iran talks. While some executives call it "scandalous" and a "misuse of power," others say millisecond advantages only benefit high-frequency traders. TMTG claims several firms signed up, though Trump hasn't posted market-moving content since the announcement.