, The New Republic ; Trump Library Saga Takes Dark Turn: Where Did Millions in Funding Go?
Four huge media conglomerates forked over $63 million in “settlements” earmarked for Trump’s presidential library. Democrats are trying to track that money—and the latest developments don’t inspire confidence.
"Last year, four huge companies pledged tens of millions of dollars to help fund the creation of Donald Trump’s presidential library, a planned monstrosity in Miami that—in a perfect Trumpian twist—may also double as a hotel. The companies—ABC; Paramount; Meta; and X, formerly Twitter—entered into the agreements with Trump to settle legal cases he’d brought against them, which experts had dismissed as dubious.
Now there’s been an important new turn in this saga. The four companies have provided fresh information to Senate Democrats in written responses to their questions. For these Democrats, those responses—obtained by The New Republic—raise more questions than they answer.
In these formal replies, all four companies confirmed that they did pledge that money to Trump’s library—itself a notable development. More importantly, however, the Democrats say the responses reveal that the money is still largely unaccounted for.
“Not one of these companies can say with any clarity where their multi-million-dollar donations to Donald Trump’s library slush fund are, or where they will go,” Senator Elizabeth Warren of Massachusetts, who’s taken the lead in tracking this money, tells me in a statement."
