White House Claims Ballroom Is 65% Complete

Featured Story

BY SRH

On Saturday morning, following the Supreme Court’s temporary permit for construction to continue, Rump boasted about progress on the White House ballroom project.

The Rump posted a photo of the construction site and the caption, “Tremendous work has been done on the magnificent BALLROOM/MILITARY COMPLEX being built on the grounds of the White House!” on Truth Social.

Reports that the Trump administration intended to utilize funds allocated by Congress to other agencies to fund the ballroom project have led to a string of lawsuits and public scrutiny.

The full $400 million construction project would be funded by private donors, according to Rump’s earlier statements to reporters. According to statistics cited by The Washington Post, this amount eventually increased to $600 million.

Officials intended to utilize just $293 million from private donations, according to papers from March 2025 regarding contractors. The remaining funds would be borrowed from taxpayer-funded accounts at organizations such as the U.S. Secret Service and the White House Military Office.

Don't Miss

Who Is The Next Wirecard?

By StevieRay Hansen

Now that the multi-year saga of German fintech megafraud Wirecard is finally over, the pain is only just starting for disgraced German regulator BaFin (with…

COVID-Comeback Batters Big-Tech & Black Gold, Sparks Bond Bid

By StevieRay Hansen

Just when you thought it was safe to buy any stock – selected at random via Scrabble letters – on any dip, with levered money…

“Watershed” Moment: Is Gold Signaling Stocks Now On “Shaky Footing”?

By StevieRay Hansen

I rarely discuss financial markets these days. Although I pay attention, it’s not in the obsessive manner I did a decade ago. I mainly keep my…

COVID-Crunch? Fed Begins Rationing Coins As Americans Horde Cash

By StevieRay Hansen

Having closed the US Mint and halted production (blaming COVID-19)  after a surge in demand for gold and silver coins, and warned of the danger of using bills (once…

This Can Not Continue, “A Staggering Number”: Over $18 Trillion In Global Stimulus In 2020, 21% Of World GDP

By StevieRay Hansen

On Friday, we relayed the latest observations from BofA chief investment officer, Michael Hartnett who concluded that there is just one bull market to short – namely…

Stevie Ray

Leave a Reply

Your email address will not be published. Required fields are marked *