According to White House releases and reporting by major outlets, private crypto and tech donors are paying for a new 90,000-square-foot ballroom that US President Donald Trump has pushed to build on the site of the East Wing. The project’s price has been revised upward to about $300 million, and the administration says no taxpayer funds will be used.

Private Money Funds Massive Ballroom

Reports have listed a long roster of backers from several industries who are funneling money through a nonprofit charity.

The Trust for the National Mall is being used as the conduit, and White House officials and outside reporting say donations will cover construction costs rather than federal appropriations.

The Trust has longstanding ties to park projects, but critics have flagged the scale and spe

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