温馨提示：本站仅提供公开网络链接索引服务，不存储、不篡改任何第三方内容，所有内容版权归原作者所有
AI智能索引来源：http://www.bee.com/hi/59136.html
点击访问原文链接

Government Shutdown, White House Demolition: Trump’s $300 Million “Private Banquet Hall” and Its Crypto Backers | Bee Network

进入原网站 导航首页
Government Shutdown, White House Demolition: Trump’s $300 Million “Private Banquet Hall” and Its Crypto Backers | Bee Network Login ट्रेंडिंग न्यूज़ मीम लॉन्चपैड एआई एजेंट डेस्सी टॉपचेनएक्सप्लोरर न्यूबी के लिए 100x सिक्के मधुमक्खी खेल आवश्यक वेबसाइटें एपीपी अवश्य होना चाहिए क्रिप्टो हस्तियाँ डेपिन नौसिखिया आवश्यक ट्रैप डिटेक्टर बुनियादी उपकरण उन्नत वेबसाइटें एक्सचेंजों एनएफटी उपकरण नमस्ते, साइन आउट वेब3 यूनिवर्स खेल डीऐप मधुमुखी का छत्ता बढ़ता हुआ मंच विज्ञापन खोज अंग्रेज़ी रिचार्ज सिक्के लॉग इन करें डाउनलोड करना वेब3 यूनी खेल डीऐप मधुमुखी का छत्ता विज्ञापन घर•विश्लेषण•मुख्य पाठ Government Shutdown, White House Demolition: Trump’s $300 Million “Private Banquet Hall” and Its Crypto Backersविश्लेषण4 महीने पहलेहाँव्याट 15,686 9 Author | Dingdang ( @XiaMiPP )

While the US government is in a state of shutdown, excavators in the East Wing of the White House are roaring day and night.

US President Trump personally approved this massive demolition operation, not for national security or to make “America great again”, but to build a privately funded 80,000-square-foot banquet hall next to the White House.

A “demolition and reconstruction” ceremony The East Wing of the White House, built in 1942, was originally a symbol of institutional power: the First Lady’s Office, the White House Military Office, and the Social Secretariat were all housed in that understated and stately building. For decades, it was the first door through which countless visitors entered the center of American power. Now, that door is temporarily closed. Last month, the White House announced the indefinite suspension of all public tours, citing construction work in the ballroom.

As early as August of this year, Trump proposed building a new White House ballroom. At the time, he said the new ballroom would be “adjacent to, but not touching,” the existing building. On October 22nd, he personally confirmed in the Oval Office: “To do this properly, we must demolish the existing structure,” because, after consulting with architects, he found that demolishing the entire East Wing would be more effective than partially demolishing it. Otherwise, it would detract from the new ballroom, which is “a very, very expensive, beautiful building.” As he spoke, a model of the White House rested on the table before him, and he held a rendering of the White House ballroom.

As a result, the new ballroom, originally intended to accommodate 650 people, was eventually expanded to accommodate nearly 1,000 people, and the cost rose from the original $200 million to “around $300 million.” A White House spokesman stated that the East Wing “whole” would eventually be “modernized and rebuilt.”

Where does the money come from? This is not a federal budget expenditure, but a “private crowdfunding.” Trump said the $300 million cost will not be borne by taxpayers, but will be borne by private donors, including himself.

This makes sense. After all, according to a recent Financial Times investigation, the Trump family’s क्रिप्टो business generated over $1 billion in pre-tax profits over the past year. If the unrealized gains are included, their net worth could increase by several billion dollars. With such financial resources, the donation is likely just a public relations expense to “leave a lasting legacy.”

Last week, Trump held a fundraising dinner, crediting the project with support from “generous patriots and incredible American businesses.” The list of donors, released by the White House on October 23rd, includes some of the largest US tech companies, including Amazon, Apple, Google, Meta, and Microsoft. Google’s YouTube has agreed to contribute over $20 million to the project. Defense and telecommunications giants such as Lockheed Martin, Comcast, T-Mobile, and Palantir are also on the list.

More notably, the crypto industry also made the list of White House donors . Ripple, Tether America, Coinbase, and the Winklevoss twins (Cameron and Tyler appear separately) all made the list. Ripple, once a symbol of the crypto industry’s anti-regulatory stance due to its protracted legal battle with the SEC, while Coinbase has long navigated the lobbying system, hoping to establish legitimacy.

For the past decade, the crypto industry has touted itself as a “decentralized revolution” against the monopoly of traditional power. Now, with a “donation,” they’ve entered a corner of history, proving with a bill that a decentralized future ultimately requires a central authority.

Of course, not everyone is thrilled with the reconstruction. “To me, this giant ballroom is a moral nightmare,” said Richard Painter, a veteran lawyer who served as White House counsel during the George W. Bush administration. “It’s about leveraging access to the White House to raise money… These companies all have a stake in the government.”

The brick walls of the White House’s East Wing are coming down, and the foundation for the new lobby is being laid. In this “reconstruction ceremony,” new financiers are entering the game. The rules of the game in Washington haven’t changed—only this time, crypto investors have finally gotten a ticket.

यह लेख इंटरनेट से लिया गया है: Government Shutdown, White House Demolition: Trump’s $300 Million “Private Banquet Hall” and Its Crypto BackersRecommended Articles

Related: Entering Ethereum, is Jack Ma’s Web3 layout just beginning?Recommended Articles Author | Asher ( @Asher_0210 ) Yesterday, Yunfeng Financial, in which Jack Ma indirectly holds a stake, announced that its board of directors has approved the purchase of ETH on the open market as a reserve asset. As of the date of this announcement, the group had purchased a total of 10,000 ETH on the open market , with a total investment cost (including fees and expenses) of US$44 million . Furthermore, the group’s use of ETH as a reserve asset aligns with its development in cutting-edge areas such as Web 3, and can optimize its asset structure and reduce its reliance on traditional currencies. Yunfeng Financial (0376.HK) saw its stock price rise nearly 10% on the day following this news. Yunfeng Financial’s stock price Jack Ma and Yunfeng Financial…

# विश्लेषण# क्रिप्टो# डेफी© 版权声明सरणी 上一篇 One-week token unlock: EIGEN unlocks approximately 12% of the circulating supply 下一篇 Weekly Funding Update | 16 Projects Received Funding, Total Funding Reaching $181 Million (October 20-26) 相关文章 गर्मBitcoin2025 Conference Day 2: A quick look at the guest speakers’ speeches 6086cf14eb90bc67ca4fc62b 571,237 222 24H Hot Coins and News | The US Federal Court of Appeals will temporarily maintain Trump’s tariff policy; Forbes Rich Li 6086cf14eb90bc67ca4fc62b 28,074 Tiger Research: Realism is the Only Answer in the Cryptocurrency Downturn 6086cf14eb90bc67ca4fc62b 7,086 1 Amidst the crossroads of waiting for the Monad mainnet launch: Should the ecosystem move forward or remain where it is?R 6086cf14eb90bc67ca4fc62b 22,147 1 Lazy Investor’s Guide to Wealth Management｜Latest Yield Calculation for Binance USD1 Airdrop; OpenEden Launches New 26.4% APY Pool (January 26th) 6086cf14eb90bc67ca4fc62b 8,157 Interpreting the long-term and short-term concerns of Circle, the first stablecoin stock 6086cf14eb90bc67ca4fc62b 28,488 कोई टिप्पणी नहीं टिप्पणी करने के लिए आपको लॉगिन होना होगा! तुरंत लॉगइन करें कोई टिप्पणी नहीं... Bee.com दुनिया का सबसे बड़ा Web3 पोर्टल भागीदारों कॉइनकार्प बिनेंस कॉइनमार्केटकैप कॉइनगेको कॉइनलाइव कवच बी नेटवर्क ऐप डाउनलोड करें और वेब3 यात्रा शुरू करें सफेद कागज भूमिकाएँ सामान्य प्रश्न © 2021-2026. सर्वाधिकार सुरक्षित।. गोपनीयता नीति | सेवाओं की शर्तें बी नेटवर्क ऐप डाउनलोड करें और वेब3 यात्रा शुरू करें दुनिया का सबसे बड़ा Web3 पोर्टल भागीदारों CoinCarp Binance CoinMarketCap CoinGecko Coinlive Armors सफेद कागज भूमिकाएँ सामान्य प्रश्न © 2021-2026. सर्वाधिकार सुरक्षित।. गोपनीयता नीति | सेवाओं की शर्तें खोज खोजइनसाइटऑनचेनसामाजिकसमाचार उत्तर: एयरड्रॉप शिकारी डेटा विश्लेषण क्रिप्टो हस्तियाँ ट्रैप डिटेक्टर हिन्दी English 繁體中文 简体中文 日本語 Tiếng Việt العربية 한국어 Bahasa Indonesia اردو Русский हिन्दी

智能索引记录