U.S. Senator Maggie Hassan (D-NH), Ranking Member of the Joint Economic Committee and senior member of the Senate Homeland Security and Governmental Affairs Committee, today pressed the United States Secret Service for more information on the redirection of hundreds of millions in funds from the agency to White House construction projects. The Senator called for answers on how this has impacted operations, including security for the President and other protectees, and the agency’s anti-scam efforts. The White House has reportedly diverted more than $400 million in Secret Service funding to cover the costs of White House renovation projects – including President Trump’s new ballroom – despite the President’s claim that these projects would not be constructed with taxpayer money.
Sep 23 2026
President Trump’s Vanity Projects: $1.8+ Billion. Here’s What Else That Money Could Be Used For
The U.S. Congress Joint Economic Committee - Minority issued a report today with new calculations that find that President Trump’s vanity projects – including construction of the new White House ballroom and the no-bid contract to paint the Lincoln Memorial Reflecting Pool, among others – are expected to cost more than $1.8 billion. Using this total, the Committee created an Interactive Cost Calculator where users can explore how this $1.8 billion could instead be spent to lower costs and help the American people.
As of August 2026, the average household in the United States has had to pay an additional $4,200+ for goods and services due to rising costs under President Trump.
U.S. Senator Maggie Hassan (D-NH), Ranking Member of the Joint Economic Committee, today called for Capital One to provide more information to Congress about the company’s decision to close multiple bank accounts connected to President Donald Trump for anti-money laundering reasons. As detailed in a court filing earlier this summer, the account closures stemmed from an internal Capital One investigation that identified “suspicious transactions” in line with “Money Laundering and Terrorist Financing ‘Red Flags.’” This comes amidst current and long-standing money laundering issues connected to Trump: For instance, Trump recently pardoned a former CEO – who had been convicted of enabling money laundering that funneled funds to terrorists and sex traffickers – who has been crucial to the success of the Trump family’s World Liberty Financial crypto business.
As of July 2026, the average household in the United States has had to pay an additional $3,800+ for goods and services due to rising costs under President Trump.
The Joint Economic Committee – Minority finds that so far this year, President Trump saw his
wealth go up by as much as $15.5 million just through stocks he owned in oil and gas companies at the end of 2025. These companies’ profits and stock values are rising because Trump’s reckless war in Iran has caused gas and oil prices to skyrocket. The Committee finds that President Trump owned as much as $45.6 million in oil and gas company stocks in 2025, a portfolio that is now worth as much as $61.1 million given the surge in oil and gas stocks driven by Trump’s war in Iran.
wealth go up by as much as $15.5 million just through stocks he owned in oil and gas companies at the end of 2025. These companies’ profits and stock values are rising because Trump’s reckless war in Iran has caused gas and oil prices to skyrocket. The Committee finds that President Trump owned as much as $45.6 million in oil and gas company stocks in 2025, a portfolio that is now worth as much as $61.1 million given the surge in oil and gas stocks driven by Trump’s war in Iran.
Recent financial disclosures show that President Trump reported at least $2.2 billion in income in 2025, which is more than three times higher than what he made in 2024. Trump’s earnings last year came largely from new ventures such as the Trump memecoin – which made him around $636 million while nearly 1 million individual people who invested in the coin lost, in total, billions of dollars. Trump also profited from Trump and Republican Party events at his properties, and from significant transactions that Trump enterprises conducted with foreign companies and foreign governments. In addition, Forbes reported that in 2025 Trump was having the "most lucrative year of his life" while serving as the country’s highest ranking public servant.
Aug 04 2026
A Public Health Crisis and Broken Market, “Superbugs” Cost the United States At Least $5.7 Billion a Year
“Superbugs” – types of bacteria or fungi resistant to standard antibiotics – represent a significant threat to Americans’ lives. According to the latest estimate from the Centers for Disease Control and Prevention (CDC), superbugs – also called antimicrobial resistance – infect more than 2.8 million people each year in the U.S., and more than 35,000 people die as a result.
U.S. Senator Maggie Hassan (D-NH), Ranking Member of the Joint Economic Committee, today pushed Hugging Face, a platform for sharing and using AI tools, to prevent people from using the platform to create nonconsensual deepfakes that depict sexual content of women and children. This comes after public reporting and research from the technology watchdog AI Forensics that found serious problems with the company’s approach to protecting against this type of activity.
Jul 29 2026
Senator Hassan Presses Sado Capital on Management of Mobile Home Communities in New Hampshire
U.S. Senator Maggie Hassan (D-NH), Ranking Member of the Joint Economic Committee, today pressed Sado Capital, a real estate investment firm, on the impacts of its business practices on residents of manufactured housing communities in New Hampshire. In recent years, firms like Sado Capital have increasingly purchased manufactured housing communities, including The Meadows of Hopkinton – a 70-lot manufactured housing park in Contoocook, New Hampshire. Earlier this year, Senator Hassan launched a survey for Granite Staters to detail their experiences at mobile homes and visited The Meadows of Hopkinton. In addition, the NH Attorney General recently began an investigation into Sado Capital.