New Delhi, July 17 -- WASHINGTON - When Kevin McGurn announced that Trump Media & Technology Group would sell Wall Street firms millisecond access to Donald Trump's Truth Social posts, he framed it as inevitable. "Markets already move on Truth Social posts," the company's interim chief executive said Wednesday. "We're simply offering a licensed path to get there first."

That framing, cool and almost businesslike, belies what ethics lawyers and Democratic lawmakers called one of the most explicit monetizations of presidential power in modern American history. Beginning August 1, Truth API will pipe posts from the ten highest-ranked Truth Social accounts, including Trump's own, directly to algorithmic trading firms and institutional client...