President Donald Trump’s social media company is marketing “America First” accounts that would allow him to personally benefit from the tariffs that have been roiling the stock market and lopping value off the dollar.
The Trump Media and Technology Group (TMTG), which is the parent company,
company
of the social media platform Truth Social,
announced
Tuesday that it was marketing a series of actively managed investment accounts to allow investment in companies that benefit from the president’s agenda, and
independent journalist Judd Legum reported
that his tariff policies could be used to manipulate the value of those accounts.
“TMTG said the new investment accounts would ‘offer investors access to curated, thematic investment strategies rooted in American values and priorities,'” Legum wrote on his Popular Information newsletter. “Among the themes are ‘Made in America,’ which presumably would focus on companies that would benefit from tariffs on competitors who make goods abroad and import them to the United States.”
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Other themes will include “Faith & Values,” “Liberty & Security,” and “Energy Independence,” and one of the venture’s partners hailed the “Truth Social-branded Separately Managed Accounts” as a way for investors to support companies that back the president’s agenda.
“Made in America is more than just a theme — it’s a declaration of support for businesses essential to our economy, national security, and enduring freedoms,” said Jon DuPrau, managing partner at Index Technologies Group, which is collaborating with TMTG on the venture. “These strategies empower investors to align their portfolios with patriotic and ethical convictions.”
TMTG plans to allocate part of its cash reserves into these accounts. The president, being the majority stakeholder, will receive some of the fees produced by these accounts, with the total assets within them influencing the company’s standing.
return
Regarding its cash investments and the interest from external investors.
As President, Trump will have substantial power over the performance of these assets via tariffs and other policies,” Legum noted. “It is an astounding conflict of interest for actively managed investment accounts to be promoted using his name through a firm where he holds a controlling stake.
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