Warren, Blumenthal, Stansbury Press Trump on Missing Millions Donated to Dissolved Trump Library Fund; New Big Tech CEO Responses Raise Fresh Questions
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Home Newsroom Press Releases April 20, 2026 Warren, Blumenthal, Stansbury Press Trump on Missing Millions Donated to Dissolved Trump Library Fund; New Big Tech CEO Responses Raise Fresh Questions Paramount, ABC, Meta, X indicated that they have no explanation or are unwilling to share information about where millions in settlement money have gone — or where it will go As much as $63 million in settlement payments to Trump Presidential Library slush fund missing “These are troubling answers…particularly given the vast tide of corruption and self-enrichment that has occurred during your Administration, and your ongoing attempts to seek massive personal payments from the federal government.” Text of Letter (PDF) Paramount Response (PDF) ABC Response (PDF) Meta Response (PDF) X Response (PDF) Washington, D.C. – In new responses to U.S. Senators Elizabeth Warren (D-Mass.) and Richard Blumenthal (D-Conn.) and Representative Melanie Stansbury (D-N.M.), Big Tech CEOs indicated that they have no public explanation for where as much as $63 million in settlement money to Donald Trump’s now-dissolved Presidential Library fund has gone. The lawmakers released these responses today and sent a new letter to President Donald Trump pressing for answers to solve the ongoing mystery of the missing millions. “These are troubling answers…particularly given the vast tide of corruption and self-enrichment that has occurred during your Administration, and your ongoing attempts to seek massive personal payments from the federal government,” wrote the lawmakers. The Donald J. Trump Presidential Library Fund, Inc. was incorporated in late 2024 with a stated purpose “to preserve and steward the legacy of President Donald J. Trump and his presidency.” From late 2024 to mid-2025, four Big Tech companies — Paramount, ABC, Meta, and X — contributed as much as $63 million in settlement payments to President Trump's future presidential library." But in September 2025, the Fund was administratively dissolved for failure to submit a mandatory annual report, and in December, the incorporator filed articles of dissolution — with no explanation. The lawmakers wrote to the four companies in March 2026, seeking answers about the funds. Key points from the companies’ responses include: ABC reported that its “parent company made a payment by wire on December 19, 2024, to . . . the escrow account established by the Plaintiff’s counsel” and that “[i]n response to our recent ask for a status update, Plaintiff’s counsel, on Thursday, March 19, 2026, provided written notice to us that the IRS has recognized the 501(c)(3) status of ‘The Donald J. Trump Presidential Library Foundation, Inc.,’ and requested that we provide writte
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