Retail investors are facing concerns over a widening information gap as Federal Reserve Chairman Kevin Warsh reduces policy communication, the SEC backs President Donald Trump's proposal to let public companies report earnings twice a year instead of quarterly, and Trump Media & Technology Group launches a paid Truth API service offering faster access to Truth Social posts. Market participants say each shift could tilt the playing field toward institutions, which can rely on analyst teams, direct executive access, economists and AI tools when official information is scarcer or slower to reach the public. Warsh has shortened policy statements, removed forward guidance and floated fewer Fed meetings, moves investors say could make it harder for individuals to judge the outlook for growth, rates and portfolio positioning. A move away from quarterly earnings could similarly deprive smaller investors of audited disclosures that many view as the most reliable benchmark for assessing companies, especially smaller high-growth firms. Trump Media's new data product has added another flashpoint after several of the S&P 500's best and worst days during Trump's second term were linked to his Truth Social posts, according to a Fundstrat analysis. Some investors say these developments could increase volatility and weaken price discovery if retail participation is discouraged, though others argue long-term individual investors may still use market swings to buy pullbacks and are unlikely to leave the market altogether after record trading activity in June.