Who's Really Funding Trump's Ballroom?

USATue Nov 04 2025
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A senator is raising eyebrows about some big-name donors who've been quietly backing President Donald Trump's ballroom project at the White House. These donors have been keeping their identities under wraps, and Senator Richard Blumenthal from Connecticut wants to know why. The White House had promised to be open about who's funding this project. But when they released a list of donors, some names were missing. Among these hidden contributors are big players like healthcare companies Vantive and Extremity Care, and the financial giant BlackRock. There's also Jeff Yass, a major investor in TikTok's parent company, who could gain from a deal to keep the app running in the U. S. Senator Blumenthal sent letters to these donors, asking why they chose to stay anonymous. He's curious about the agreements made and any promises exchanged for their contributions. In his letter to BlackRock's CEO Larry Fink, he asked when the White House gave them the option to stay off the public list. So far, the companies and Yass's spokesperson haven't responded to these questions. It's a bit of a mystery why these big names would want to keep their donations secret. Could it be that they're hoping for something in return? It's a question that's got people talking.