🇺🇸 NEW: US Rep. Ritchie Torres has asked the SEC to investigate Truth Social's plan to sell Wall Street firms real-time access to Trump's posts, Axios reports.

What happened

U.S. Representative Ritchie Torres has formally asked the Securities and Exchange Commission to examine Truth Social’s proposal to sell Wall Street firms real‑time access to former President Trump’s posts.

Confirmed

Global impact / market context

If approved, the service could give financial firms immediate insight into Trump’s statements, potentially influencing stock prices and prompting regulatory scrutiny over market manipulation risks.

Analyst inference

Investors are watching how political‑driven social‑media content can move markets, especially after past instances where Trump’s tweets caused rapid price swings in listed companies.

Analyst inference

What to watch

1. SEC’s response to the request – a formal investigation could delay or block the data‑selling plan, affecting any firms counting on the service. Analyst inference
2. Truth Social’s rollout timeline – if the platform launches the product before regulators act, firms may begin using the data, creating new market dynamics. Analyst inference
3. Reactions from Wall Street firms – their willingness to pay for real‑time political content will signal how much they value such information for trading decisions. Analyst inference

Evidence

• x.com