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

“Red Flags Galore”: Companies Sold A Mindblowing $113 Billion In Stock In Q2

By StevieRay Hansen

When it comes to bearish market flow red flags, aggressive selling of stock by corporate insiders is traditionally viewed as the biggest red flag –…

US Bankruptcies Busting Out to Match 2009 Peak Mean Trouble for Stock Market

By StevieRay Hansen

The following article by David Haggith was published on The Great Recession Blog: Bloomberg reported this week that thirteen US companies (in the 50-million-plus size) filed for bankruptcy…

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…

Stevie Ray

Leave a Reply

Your email address will not be published.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