arrow_back Market Intelligence Trump threatens lawsuit against ABC News for reflecting pool coverage, claims Biden admin wanted to spend $100 million
market · Livemint · 23 Jun 2026

Trump threatens lawsuit against ABC News for reflecting pool coverage, claims Biden admin wanted to spend $100 million

US President Donald Trump on Monday (local time) slammed and threatened a lawsuit against ABC News for its coverage of vandalism incidents at the Reflecting Pool in Washington.

Trump made these remarks in a Truth Social post and wrote, "In describing the Vandalism that took place at the Reflecting Pool in Washington, D.C., ABC FAKE NEWS, one of the worst in the business, even paying me $16,000,000 for past bad and inaccurate reporting, failed to report that their close “friends,” Dumocrats Obama and Biden, spent over 100 Million Dollars on the Reflecting Pool, and it never worked."

Slamming former President Joe Biden and "Dumocrats" further, he wrote, "In fact, it was rarely open due to leaks and “stench.” They wanted to spend 300 to 400 Million Dollars, but just let it ROT. I spent approximately 16 Million Dollars, and it came out great, except for the Vandalism, which we are now fixing. It was also a much bigger job than originally envisioned, including the outer areas and sidewalks."

The US President further wrote that his administration is preparing lawsuits against ABC News for its false reporting and added, "I like their money, which will be given to the US Treasury."

Swati Gandhi is a digital journalist with over four years of experience, specialising in international and geopolitical issues. Her work focuses on foreign policy, global power shifts, and the political and economic forces shaping international relations, with a particular emphasis on how global developments affect India. She approaches journalism with a strong belief in context-driven reporting, aiming to break down complex global events into clear, accessible narratives for a wide readership.<br><br>

Previously, Swati has worked at Business Standard, where she covered a range of beats including national affairs, politics, and business. This diverse newsroom experience helped her build a strong grounding in reporting, while also strengthening her ability to work across both breaking news and in-depth explanatory stories. Covering multiple beats early in her career has helped her be informed about her current work, allowing her to connect domestic developments with wider international trends.<br><br>

At Live Mint, she focuses on international and geopolitical issues through a business and economic lens, examining how global political developments, foreign policy decisions, and power shifts impact markets, industries, and India’s strategic and economic interests.<br><br>

She holds a Bachelor’s degree in English (Honours) from the University of Delhi and a Master’s degree in Journalism and Mass Communication from Guru Gobind Singh Indraprastha University. Her academic training has shaped her emphasis on precision, analytical rigour, and clarity in writing. Her interests include global political economy and the intersection of geopolitics with business.<br><br>

Outside work, Swati focuses on exploring her passion and love for food. From fancy cafes to street spots, Swati explores food like a true foodie.

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