Trump Action Archive

Supporting reports

• Trump administration considers financial bailout for UAE amid undisclosed Trump family business ties — President Trump stated on Tuesday that he is considering a financial bailout for the United Arab Emirates, a U.S. ally experiencing economic hardship from the Iran war. Treasury Secretary Scott Bessent met with UAE Central Bank Governor Khaled Mohamed Balama, who proposed a currency-swap line to provide inexpensive dollar access. While such swaps are typically Federal Reserve decisions, the Trump administration has previously used Treasury funds for bailouts. The UAE is not a major U.S. trading partner (2024 trade totaled $47.9 billion, compared to $909 billion with Canada), yet administration officials including National Economic Council Director Kevin Hassett signaled openness to assistance.
• Trump indicated openness to UAE financial bailout tied to Trump Organization business relationships — On April 22, 2026, Trump indicated he was open to offering the United Arab Emirates a taxpayer-funded financial bailout to offset economic losses from the Iran war. The UAE has extensive business partnerships with the Trump Organization and multiple financial ties to the Trump family. The proposed bailout would use federal funds to benefit a foreign government with direct financial interests in Trump family enterprises.
• UAE requests U.S. financial backstop for Iran war damage — Officials from the United Arab Emirates asked Treasury Secretary Scott Bessent and Treasury and Federal Reserve officials whether the U.S. will provide a financial backstop for the UAE if the Iran war continues to damage its economy.
• UAE warns Trump administration of dollar destabilization risk — The United Arab Emirates quietly warned the Trump administration that if the Iran conflict is not resolved, it will face dollar destabilization. The warning represents a private diplomatic signal from a key Gulf ally regarding economic consequences of prolonged conflict.