Is Truth Social’s New ‘Truth API’ Insider Trading & Why Los Angeles Feels So Hot This Summer

Is Truth Social’s New ‘Truth API’ Insider Trading & Why Los Angeles Feels So Hot This Summer

Truth Social's new Truth API is set to launch August 1, offering paying clients real-time access to posts from President Trump and other top administration officials. The service reportedly costs $100,000 per month and is designed to help institutional investors react to breaking news in milliseconds.

L.A. Times Studios' Faith Pinnow speaks with former White House chief ethics lawyer Richard Painter, who argues the service raises significant ethics and legal questions. He explains why he believes giving paying firms faster access to market-moving information could create an unfair advantage, benefit the president financially, and potentially draw scrutiny from federal regulators.

And, Los Angeles is in the midst of an unusually humid weather pattern, making this summer feel much hotter than normal and contributing to more heat-related emergency room visits across LA County. Meteorologists say monsoon moisture, tropical storm remnants and warm ocean waters are to blame.

Read more at https://LATimes.com

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