Trump Action Archive

Supporting reports

• Elon Musk announces plan to donate SpaceX stock to American children via Trump Accounts — Elon Musk announced on X that he will donate one share of SpaceX stock to every child in America, valued at approximately $10.5 billion based on current stock prices and the 72 million children in the U.S. The shares would be distributed through Trump Accounts, savings accounts for children launched on July 4, 2026. President Trump publicly celebrated the announcement. SpaceX President Gwynne Shotwell separately announced she and her husband would donate shares to approximately two million children with Trump Accounts.
• Elon Musk announces SpaceX share giveaway to American children — Elon Musk announced on X (formerly Twitter) on October 20, 2026, that he plans to distribute one share of SpaceX to every child in America. At current market prices, the giveaway would be valued at approximately $10.5 billion. Popular Information reports skepticism about Musk's motivations for the announcement, though the article does not detail specific concerns in the excerpt provided.

Supporting reports

• One Nation nonprofit spent $1.7 million on false attack ad against Senator Ossoff in Georgia — One Nation, an opaque nonprofit affiliated with Senate Republicans, spent $1.7 million in five days to deliver 78 million impressions of an attack ad against Senator Jon Ossoff (D-GA) across Georgia. The ad falsely claims Ossoff voted to "gut" the child tax credit, supported a "$2,100 tax increase," and voted for higher taxes on Social Security recipients earning under $75,000. In fact, Ossoff voted to expand the child tax credit to its largest level in history and voted against the "One Big Beautiful Bill Act" that Republicans supported. One Nation does not disclose its donors, making the funding source opaque.
• One Nation spent $1.7 million on dishonest attack ad against Senator Ossoff — One Nation, an opaque nonprofit affiliated with Senate Republicans, spent $1.7 million in less than a week on an attack ad against Senator Jon Ossoff (D-GA). The ad received 78 million impressions across Georgia but contained false claims, attacking Ossoff for positions actually pursued by Republicans, including cutting the child tax credit, according to Popular Information's analysis.

Supporting reports

• USDA Secretary Rollins announced removal of 4.3 million from SNAP rolls — Secretary of Agriculture Brooke Rollins told Fox News Channel that the administration has removed 4.3 million Americans from the SNAP food assistance program, attributing the removals to fraud, ineligible recipients, and improved economic conditions. However, experts report that fraud in SNAP is rare, affecting less than 1% of enrollees, and the removals appear to result from new enrollment rules in the One Big Beautiful Bill Act that made participation more difficult.

Supporting reports

• Leading the Future raises $100 million to influence 2026 midterm elections — Leading the Future (LTF), a newly formed political organization, has secured over $100 million in funding to support pro-AI candidates in the 2026 midterm elections. Major donors include venture capitalists Marc Andreessen and Ben Horowitz ($50 million), OpenAI co-founder Greg Brockman ($50 million), Palantir co-founder Joe Lonsdale, and AI company Perplexity. LTF initially positioned itself as bipartisan but has begun releasing ads promoting Republican candidates and attacking Democrats who support AI regulation, aligning with Trump administration preferences after White House pressure.
• Leading the Future releases first campaign advertisements — Leading the Future released its first two television advertisements on Wednesday. The first promotes Republican Chris Gober in Texas' 10th District congressional race, framing him as a "Trump Conservative" and highlighting his legal representation of Elon Musk's pro-Trump Super PAC. The second attacks Democrat Alex Bores, who sponsored New York's RAISE Act requiring AI companies to disclose safety protocols and incidents, accusing him of empowering "dysfunctional bureaucrats" and falsely claiming he is backed by convicted felon Sam Bankman-Fried.

Supporting reports

• Trump launches cryptocurrency — On January 20, 2025, Donald Trump launched his own cryptocurrency, which reportedly made over $50 billion shortly after its introduction. This move raised significant ethical concerns regarding the emoluments clause of the Constitution, as it allows for potential direct financial contributions to the president from individuals seeking favors. The launch was accompanied by a similar initiative from Melania Trump, which also gained substantial value quickly.
• Trump launches cryptocurrency before inauguration — President-Elect Donald Trump launched a new cryptocurrency, a "memecoin," which reportedly made him over $50 billion on paper. This action, occurring just days before his inauguration, raises concerns about the use of political power for personal financial gain and the ethical implications of such actions by a public official.
• Trump promotes cryptocurrency tokens — President Trump promoted cryptocurrency tokens on Truth Social, claiming to make billions from them. This promotion raises ethical concerns about the use of presidential influence for personal financial gain.
• Potential for memecoins to facilitate pseudobribery — The article discusses how memecoins like TRUMP and MELANIA could be used to facilitate pseudobribery, allowing individuals to give money to public figures without direct transfers. By purchasing these coins, individuals can increase their value, indirectly enriching the coin holders. This mechanism could be exploited for corrupt practices, evading campaign finance laws and gift taxes. The potential for such use raises significant concerns about transparency and corruption in political finance.
• Trump launches cryptocurrencies TRUMP and MELANIA — Donald Trump and his wife Melania launched two cryptocurrencies named TRUMP and MELANIA just before his inauguration. Despite initial declines in value, the market capitalizations of these coins remain significant, with TRUMP at approximately $7 billion and MELANIA at $800 million. The launch has sparked controversy within the crypto community, with concerns about the potential impact on the respectability of cryptocurrencies. The coins are seen as speculative assets rather than currencies, with potential implications for financial and political dynamics.
• Crypto exchanges promote $TRUMP coin — Major cryptocurrency exchanges Coinbase, Kraken, and Robinhood have listed and promoted the $TRUMP meme coin, significantly increasing its visibility and demand. These exchanges are under scrutiny by the SEC for regulatory violations, and their promotion of $TRUMP may be motivated by hopes of favorable treatment from the Trump administration. The exchanges' actions highlight the potential for regulatory capture and the transformation of the presidency into a tool for personal enrichment.
• Trump demands lower interest rates — Former President Trump demanded that Federal Reserve Chair Jerome Powell lower interest rates, claiming he understands interest rates better than current decision-makers. Trump argues that lower rates would counteract inflation, despite economic concerns that such a move could worsen inflation if combined with proposed tariffs.
• Trump Organization's new foreign business deals — The Trump Organization announced new foreign business deals, including developments in Saudi Arabia, the United Arab Emirates, and Vietnam. These deals involve branding agreements and partnerships with local developers. The Trump Organization's current ethics statement does not restrict foreign deals, unlike the 2017 statement. This change raises concerns about potential foreign influence and conflicts of interest, as these ventures require government permits and could give foreign governments leverage over the President.