02/09/2026 | Press release | Distributed by Public on 02/09/2026 15:47
Trust confirms it will make millions from Trump ballroom fundraising; Board, which includes business leaders who could benefit from favorable treatment from Trump, discussed and approved ballroom project
Lawmakers pressed Trust on previous, "woefully inadequate" response to oversight
Washington, D.C. - In response to a January letter from U.S. Senators Elizabeth Warren (D-Mass.), Richard Blumenthal (D-Conn.), Ron Wyden (D-Ore.), Chris Van Hollen (D-Md.), and Ed Markey (D-Mass.), the Trust for the National Mall revealed new details about its role in fundraising efforts for President Trump's new White House Ballroom. Billionaires and billionaire corporations with business in front of the Trump administration have funneled money to the new ballroom, raising questions about corruption and quid-pro-quo deals.
"These new details raise even greater concerns about whether Donald Trump's gold-encrusted ballroom has become a vehicle for corruption. We now know the Trust is raking in millions off its Trump ballroom fundraising, and the Trust's board - stacked with business leaders who could benefit from favorable treatment from Trump - specifically agreed to take this on," said Senator Warren. "Americans deserve to know which billionaire corporations are shoveling money to Trump's vanity projects and what favors they may be seeking in return."
Key takeaways include:
The Trust was established as a nonpartisan, nonprofit partner of the National Park Service. But the scale of funds raised for President Trump's ballroom, Trump's personal involvement in fundraising for the project, and the number of corporate donors with business before the Trump Administration raised questions for the lawmakers about whether the organization is facilitating these donors' corrupt access to and favor-seeking from President Trump and his administration.
In October, the senators pressed President and CEO of the Trust, Catherine Townsend, and National Park Service Comptroller Jessica Bowron, about the exact agreements in place regarding the building of the ballroom, the source and amount of donations, whether the donations are charitable deductions, and more.
In the Trust's November response, Townsend confirmed the Trust is "managing the private donations gifted to support the [ballroom] project," but refused to answer questions regarding the agreements between President Trump, the White House, and the Trust with regard to funding and building the Trump Ballroom. Townsend also declined to release details about the donations made to date, along with any terms and conditions related to each of these donations, saying "donor names and identifying information are not subject to public disclosure under [federal law]."
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