US EditionDemocrats Investigate Status of $63 Million in Trump Library Settlements: Report
Democrats seek clarity on $63 million pledged by four companies for Trump’s Miami library after the original fund dissolved; a new foundation reported $50 million in donations.
- Democratic lawmakers, including Elizabeth Warren and Richard Blumenthal, have launched an inquiry into at least $63 million pledged by several corporations for Donald Trump’s planned presidential library, seeking details on whether the money was actually transferred and how it has been used.
- The funds were tied to legal settlements with companies such as ABC, Meta, Paramount and X after disputes following the 2024 election, but the original nonprofit created to receive the donations was dissolved after failing to file required reports.
- Lawmakers say it is unclear where the pledged money ultimately went, prompting calls for greater transparency and possible legislation to regulate donations and fundraising for presidential libraries.
11 Articles
11 Articles
What Happened To All Those Millions For Trump’s Presidential Library?
Remember when ABC, Paramount, Meta and X committed millions each to Donald Trump’s presidential library? In order to pay him off settle his claims of having been harmed by them? Democratic Senators Elizabeth Warren, Richard Blumenthal and Rep. Melanie Stansbury (D-NM) want to know where that money went. They have asked each company about the terms of its agreement and the status of the pledged funds, The Washington Post has reported. The fund th…
A group of Democratic members of Congress has launched an investigation into the alleged disappearance of millions of dollars in funds collected as donations for Donald Trump's presidential library, or the museum he plans to build in Miami after his term ends, the Washington Post reported.
'Unclear where' missing $63 million for Trump library has gone: report
After the 2024 election, four companies — ABC, Meta, Paramount, and X — committed a total of at least $63 million to a fund for a Trump presidential library to settle lawsuits claiming their platforms had defamed or otherwise impeded his campaign. But after the library fund dissolved last year, Congressional Democrats are now looking into where the money went. On Monday, Senator Elizabeth Warren, Senator Richard Blumenthal, and Representative Me…
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