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Democrats Press SEC to Probe Trump Media’s “Fast Feed” · GNN Daily Breaking News

• 0:00
  Speaker 1: Democratic lawmakers are pressing the Securities and Exchange Commission to
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  Speaker 1: investigate Trump Media's latest product, a premium fast feed that
• 0:09
  Speaker 1: sells early access to Donald Trump's posts on truth social
• 0:13
  Speaker 1: The service, branded as the Truth Api, is set to
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  Speaker 1: launch on August first, twenty twenty six, and could cost
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  Speaker 1: firms up to one hundred thousand dollars per month. The
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  Speaker 1: feed promises the fastest delivery of posts from the platform's
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  Speaker 1: ten most influential accounts, including Trump himself. For Wall Street traders,
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  Speaker 1: that means a chance to act on market moving statements
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  Speaker 1: seconds before the public sees them. Senator Elizabeth Warren and
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  Speaker 1: Representative Adam Schiff sent a letter to sec Chairman Paul
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  Speaker 1: Atkins on July twenty eighth, calling the plan an outrageous
• 0:51
  Speaker 1: abuse of the president's office for his personal benefit. They
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  Speaker 1: argue it undermines market integrity, giving hedge funds and elite
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  Speaker 1: investors and other unfair edge while leaving everyday traders behind.
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  Speaker 1: Trump Media, meanwhile, has defended the product. In a statement,
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  Speaker 1: the company accused Democrats of mischaracterizing the service and claimed
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  Speaker 1: it simply reflects free market innovation. Trump himself owns about
• 1:17
  Speaker 1: forty one percent of the company through a trust overseen
• 1:20
  Speaker 1: by his children, and executives say several firms have already
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  Speaker 1: signed up, though no names have been disclosed. The stakes
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  Speaker 1: are high. Trump's posts have historically moved markets from banks
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  Speaker 1: like City Group to tech firms like Intel and Palanter.
• 1:37
  Speaker 1: By monetizing early access, Critics warn the company is effectively
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  Speaker 1: selling insider information. If the SEC finds violations, Trump Media
• 1:46
  Speaker 1: could face fines, restrictions, or enforcement actions. Politically, the controversy
• 1:52
  Speaker 1: highlights the blurred lines between Trump's presidency and his business empire.
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  Speaker 1: For Democrats, it's another example of self dealing. For Trump's allies,
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  Speaker 1: it's proof of his ability to monetize influence and disrupt
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  Speaker 1: traditional media and markets. Ultimately, the SEC probe request underscores
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  Speaker 1: a larger question. Should presidential communications be commodified for profit,
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  Speaker 1: especially when they can sway global markets. The answer could
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  Speaker 1: reshape both financial regulation and the intersection of politics and
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  Speaker 1: business in America.