Trump Action Archive

Supporting reports

• Trump administration awarded $103 million in federal contracts for 250th anniversary celebrations — Trump administration officials and allies seized funds Congress appropriated for celebrations honoring the 250th anniversary of the Declaration of Independence signing and awarded nearly $103 million in federal contracts and grants to politicized entities under the control of Trump administration officials and political allies—nearly 80% of the $126 million total funding for the semiquincentenary celebrations. Private funding, including from corporations with issues pending before the administration, also poured money into Trump's events.

Supporting reports

• Trump awarded no-bid contract for Lincoln Memorial Reflecting Pool repairs — Trump awarded a $6.9 million no-bid contract to Atlantic Industrial Coatings to reseal joints, waterproof, and paint the Reflecting Pool in front of the Lincoln Memorial. The company had never won a federal contract before but had worked at one of Trump's golf clubs. Trump bypassed the required competitive bidding and review process by invoking an exemption designed for emergencies, citing the need to complete work before the July 4, 2026 Declaration of Independence anniversary. The contract price is more than triple the $1.8 million Trump initially promised, and officials estimate the repairs will last 7–10 years rather than the 50 years Trump claimed.
• Cost of Lincoln Memorial Reflecting Pool project increased 88 percent to $13.1 million — According to New York Times reporting, the cost of Trump's plan to repair the Lincoln Memorial Reflecting Pool jumped 88 percent to $13.1 million. Government records showed the price appeared to include a 20 percent profit margin for Trump's handpicked contractor, who received the job via no-bid contract.

Supporting reports

• Trump announced government stake in Intel — Trump announced that the federal government has taken a 10% stake in Intel, which manufactures semiconductors and chips. Trump stated he intends to take similar stakes in other companies. The action represents direct government equity ownership in private corporations.
• Trump announced U.S. acquisition of 10% stake in Intel following pressure on CEO — President Trump announced on social media that the United States now owns and controls 10% of Intel. Trump had called for CEO Lip-Bu Tan's removal on August 7, met with Tan on August 11, and stated he told Tan the U.S. "should be given 10% of Intel." Tan agreed to the arrangement. Trump publicly characterized the transaction as a major corporate acquisition achieved through direct presidential intervention in private business operations.
• Trump Announces U.S. Ownership of 10% of Intel — President Donald Trump announced that the United States now owns 10% of Intel after a meeting with the company's CEO, Lip-Bu Tan, on August 11, where Trump demanded the stake. This announcement marks a significant government intervention in a private company, contrasting with traditional Republican values of free markets.
• Conservative economists and commentators criticized Trump's Intel stake acquisition — Multiple conservative figures criticized Trump's acquisition of a 10% government stake in Intel as socialism and government overreach. National Review's Pradheep Shanker warned it sets a precedent Democrats will exploit; Editor Charles Cooke called it "preposterous"; Sen. Rand Paul questioned whether it constitutes socialism; talk show host Erick Erickson called it "socialism with an R"; former House Freedom Caucus Chair Bob Good suggested canceling Intel subsidies instead; former Trump economic advisor Stephen Moore called it "terrible"; and Fox Business host Larry Kudlow expressed discomfort with the move.
• Trump announced U.S. government acquisition of 10% stake in Intel — President Trump announced that the U.S. government now owns and controls 10% of Intel, stating he negotiated the deal with Intel CEO Lip-Bu Tan and that "the US paid nothing for these Shares" valued at approximately $11 billion. Trump characterized it as "a great Deal for America." The announcement followed Trump's previous threats against Intel's leadership.
• Trump administration announced government equity stake in Intel and discussed nationalizing defense contractors — Commerce Secretary Howard Lutnick announced that the Trump administration took an ownership stake in Intel and discussed potentially taking equity positions in major defense contractors like Lockheed Martin, which derives 97% of revenue from U.S. government contracts. Lutnick justified the policy as necessary for the government to benefit from taxpayer-funded research and patents. The announcement drew criticism from labor analysts and economists who noted the government received no governance rights or board seats despite taking equity.

Supporting reports

• Trump expands Elon Musk's Department of Government Efficiency — Trump signed an order expanding the power of Elon Musk's so-called "department of government efficiency." The order calls for a "transformation" in federal spending on contracts, grants, and loans by requiring a centralized payment system to be monitored by Musk's team. The order states it "commences a transformation in Federal spending on contracts, grants, and loans to ensure Government spending is transparent and Government employees are accountable to the American public."