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

Krieger: “It’s A Systemic Looting On A Massive Scale”

By StevieRay Hansen

The United States has historically bragged about its free and transparent markets. But what the Fed is doing today is pulling a dark curtain around…

Global Markets Hit All-Time High As Traders Brace For “Phase Two” Optimism

By StevieRay Hansen

This is where we stand as we enter Monday morning: European markets are firmer this morning, though the FTSE 100 significantly outperforms on a second-wave…

Election Apocalypse: Investors Fears Very Negative Event a Year From Here and Are Placing Bets to Hedge Themselves

By StevieRay Hansen

The stock exchange is somehow similar to weather forecasts. You never know what’s going to happen but it’s better to plan ahead and be prepared…

It’s D-Day For The Repo Market: On Monday $100 Billion In Liquidity Will Be Drained – What Happens Next?

By StevieRay Hansen

Last week’s apocalyptic report by repo market guru Zoltan Pozsar, which for those who missed it predicted that an imminent market crash and loss of control of…

The Destruction of Civilization

By StevieRay Hansen

Implications of extreme monetary interventions When I was asked to write an article about the impact of negative interest rates and negative-yielding bonds, I thought…

Stevie Ray

Leave a Reply

Your email address will not be published.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