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Trump Is Selling Insider Trading for $100,000 a Month | #SistersInLaw
Posted
August 15, 2026
Views
966
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84
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August 15, 2026
966
84
20
10.77%
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14:10Now PlayingKim, Jill, Barb, and Joyce dig into Trump's newest money-making scheme: Truth API, a service that lets subscribers pay $100,000 a month for early access to Trump's market-moving Truth Social posts. The Sisters break down a new lawsuit from the Freedom of the Press Foundation and The Intercept arguing the scheme violates both the First Amendment (equal access to a president's public announcements) and, in a novel twist, the Fifth Amendment's takings clause. They also dig into whether this runs afoul of the STOCK Act, the law meant to stop lawmakers and presidents from profiting off information gained through office, and why Jill thinks Trump has effectively confessed to the crime in his own marketing materials. Plus: Congress's response, including Mark Warner's "No Profit Act," Elizabeth Warren and Adam Schiff's push for an SEC investigation, and why Jamie Raskin's quiet House Judiciary probe might be the one to watch.
Topics Covered
What Truth API is and how it lets subscribers pay $100,000 a month for early access to Trump's posts
The lawsuit from the Freedom of the Press Foundation and The Intercept challenging the scheme
The First Amendment theory: equal public access to a president's official announcements
The novel Fifth Amendment takings clause argument
Comparisons to the 2018 Twitter ruling that deemed presidential social media a public forum
Whether the STOCK Act applies to a sitting president profiting off insider information
Why Jill argues Trump has publicly confessed to the scheme in his own marketing
The statute of limitations question and what happens after Trump leaves office
Concerns about media organizations paying for early access or partnering with prediction markets
Congress's response: Mark Warner's "No Profit Act" and why it's stalled until after the midterms
Elizabeth Warren and Adam Schiff's call for an SEC investigation
Jamie Raskin's House Judiciary Committee probe and what it could mean by January
Why charging for "official act" information may actually strengthen the First Amendment case against Trump
Reports that Truth Social has lost significant money since going public, and what that says about the scheme
Timeline / Highlights
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