Trump's $950 million presidential library on collision course with Democratic Congress

CBS News · Gabe Kaminsky · 2026-11-05 11:00 UTC

President Trump is expected to spend time on plans for his presidential library, but Democrats in Congress have some questions about how it's being financed.

As President Trump prepares for the final two years of his presidency, he is expected to devote more attention to his presidential library, which has become a growing destination for money from companies and allies, according to current and former advisers who spoke on the condition of anonymity.

"He undoubtedly recognizes that the library development season opens now, and he will go for it," said a senior administration official. A second administration official said that in this lame-duck period Mr. Trump will focus on "all things he can control, which means: Building."

With Democrats taking control of Congress in January after a sweeping victory in the November elections, lawmakers have pledged investigations into the library's finances.

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