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Senate Democrats Chuck Schumer, Amy Klobuchar and Ed Markey are blasting Donald Trump over explosive allegations surrounding DOJ “slush funds” and the handling of nearly $2 billion in taxpayer money. During a fiery speech, Schumer accused Trump of funneling public funds to political allies, far-right loyalists and January 6 defendants, calling it a shocking abuse of power. The controversy has triggered intense political backlash and renewed debate over government accountability, DOJ transparency and Trump’s influence over federal institutions. Watch the full breakdown of the latest political firestorm shaking Washington and fueling outrage across the United States.


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Transcript
00:00I want to thank Senators Klobuchar and Merkley for being here with me.
00:04So, political payouts, personal perks, and vanity projects,
00:10and now a get-out-of-jail-free card for Trump and all his family on tax matters,
00:16that's what the GOP under Trump's leadership stands for right now.
00:22We've learned that Trump's funneling nearly $2 billion in taxpayer dollars into a slush fund.
00:30For his friends, his far-right loyalists, and January 6th insurrectionists.
00:36He made a deal with himself.
00:38First, unbelievably, he sues the government for $10 billion.
00:42Then he says, with his other hand, I am the government, I'll settle for $1.7 billion.
00:48And the money goes to all kinds of assorted characters who don't deserve it.
00:54Probably Trump himself.
00:57Trump could care less that the Americans are struggling to put food on the table
01:02and pay higher prices at the pump.
01:05He cares only about enriching himself.
01:08And as I said, his corruption knows no end.
01:13His new slush fund contains a provision
01:17that there should be no prosecution or investigation of Trump or his family members on any tax matter.
01:25A get-out-of-jail-free card that he negotiated with himself.
01:31What kind of America is this?
01:33What kind of man is this?
01:37Where are the Republicans on this kind of stuff?
01:40Well, let me tell you.
01:41They sure as hell aren't standing up to the taxpayers,
01:45standing up for the taxpayers, or standing up to Donald Trump.
01:49While working families are getting crushed by the cost of rent and groceries and gas and health care,
01:55ballroom Republicans are working through the night to salvage their plan to force taxpayers to foot the bill
02:03for Trump's gilded palace.
02:06How out of touch can they be?
02:09Senate Democrats fought back.
02:11We derailed their first attempt to grant Trump his billion-dollar ballroom wish.
02:17Right now we're waiting to see ballroom Republicans' next move.
02:20But let me be clear.
02:22I don't care if the Republicans ask for a billion dollars, a million dollars, or a single dollar.
02:28Every penny of taxpayer money for Donald Trump's vanity project is a penny too many.
02:35Senate Democrats will continue to fight tooth and nail to ensure not a dime of taxpayer funds go to it.
02:41And as we fight this billion-dollar ballroom,
02:44we're not standing down on stopping the tens of billions of dollars more that Republicans want to pour
02:51into Trump's secret police force and violent ICE raids.
02:55In the birdbath and on the floor, we'll force Republicans again and again to show what they are fighting for.
03:04They are fighting not for hard-working Americans.
03:07They're fighting for their billionaire boss's palace.
03:11On the war powers vote, later this afternoon, Democrats will force another choice on Republicans.
03:17For the eighth time, Democrats are going to force a vote on our war powers resolution
03:23to withdraw troops from hostilities with Iran.
03:28Trump just said this morning, quote,
03:30we may have to give them another hit.
03:33Talking about Iran.
03:35Yesterday, he went from threatening to blow Iran into oblivion
03:38to a few hours later saying a peace deal was imminent.
03:42How can we stand this kind of liar as president?
03:45He just flips.
03:46Truth matters at nothing to him, at nothing.
03:50Is it Groundhog Day?
03:52That's what it seems like with Trump when it comes to Iran.
03:56Senate Republicans need to be honest with themselves.
03:58Trump is no closer to ending this war,
04:02and all the while, Americans are struggling
04:04under skyrocketing costs, and our troops remain in harm's way.
04:08Last week, we got one more Republican to join with us.
04:12Republicans, it's time to break the cycle.
04:14Support our war powers resolution.
04:17No president, no president,
04:19should be able to drag this country into war alone,
04:22and what seems to be on almost a whim.
04:25Senator Klobuchar.
04:29I'm going to start with, I know what is on everyone's mind,
04:32and that is it.
04:32Yes, Minnesota was awarded the NFL draft for 2028,
04:36so they went purple, as did I.
04:39We're pretty excited about this.
04:40After everything our state's been through in the last year.
04:45Other issues.
04:46Right now, families are getting stuck with skyrocketing costs.
04:51Electricity bills are through the roof.
04:53Housing is up.
04:54Prices are so high.
04:56For the first time in years,
04:59they've wiped out the wage growth Americans have earned.
05:02Gas in Minnesota tends to be a little under the national average,
05:06but right now it is over $4.40 a gallon.
05:09Diesel is up over $5.50.
05:13Farmers were already hit by tariffs,
05:15and now they've got the cost of fertilizer,
05:17with 50% of urea going through the Straits of Hormuz,
05:2130% of ammonia.
05:24And anyone in the checkout line, you don't need all these numbers,
05:28could tell you what's happening.
05:29They know beef prices are up 14.8%.
05:33Vegetables are up 11.5%.
05:36Coffee is up 18.5%.
05:40And so while Trump wants to pay for his ballroom
05:43and throw that into a bill where he could be helping people with health care
05:48or paying for local police officers,
05:51we now find out they've also started a slush fund
05:54and, as Chuck noted, have decided that he, all of his companies,
06:00his family, their subsidiaries,
06:02are immune from any tax examinations or prosecutions.
06:07So he is looking out to protect his corporate interests
06:11and his family while Americans are left with a Memorial Day picnic
06:16that they can hardly afford.
06:18The American people are fed up.
06:20New York Times poll out yesterday
06:22found the administration's approval on the cost of living is at 28%.
06:26Literally, these polling organizations
06:28do not have the lines on their graphs to go that low.
06:32A majority of Americans oppose the additional funds
06:35for ICE and Border Patrol.
06:37Yeah, they want order at the border,
06:39but they are not in favor of creating an agency in ICE
06:42that is now bigger than the Marines or bigger than the FBI.
06:46But instead of focusing on bringing down costs
06:50or helping the American people,
06:52our colleagues, unfortunately, on the other side of the aisle
06:55are talking about ballrooms and debating about that
06:58and more money for ICE.
07:00The $70 billion in that bill, the additional funds,
07:05what would that do?
07:06You could hire 200,000, 200,000 local police officers
07:11extend the health care premium tax credits for two years,
07:16just as we've learned that one out of five Americans
07:18have dropped their coverage under the Affordable Care Act.
07:22It would provide seniors with dental, hearing, and vision
07:25for a year, building 700,000 more homes.
07:28I think if you said to Americans,
07:30would you like to give $70 billion for ICE
07:32or do you want to build 700,000 more homes?
07:35We know what they would say.
07:36Or we could say, do you want to put $70 billion more into ICE
07:40or do you want to provide child care
07:42for 3.5 million American children?
07:46So that's the question.
07:48Those are the value judgments.
07:50Those are the cost judgments.
07:52And they're the ones that are not focused
07:54on bringing costs down for the American people.
07:57And with that, Jeff.
07:59Jeff.
08:00Gold-plated, billion-dollar,
08:03ballroom boondoggle.
08:04Try saying that fast.
08:06Gold-plated, billion-dollar, ballroom boondoggle.
08:09It's hard to say.
08:11It's even harder to swallow.
08:15A Louis XIV massive building
08:20that turns the White House
08:22into a little auxiliary dwelling unit.
08:25A ballroom.
08:28Symbolic of an authoritarian
08:31in a strongman state
08:34destroying the East Wing,
08:36the people's house.
08:39In reconciliation, we won a round.
08:44We pursued all the arguments
08:46under the birdbath.
08:48And the ballroom for the moment is out.
08:50But we understand our Republican friends
08:54are trying to do exactly what Trump wants
08:58and find new language to put in.
09:00So stay tuned.
09:04And then we're looking at this extraordinary impact
09:09on the American families in costs
09:11that my colleague from Minnesota has so well expressed.
09:16So much of those costs we're seeing being driven
09:19by the war in Iran.
09:21We're seeing the cost at the pump.
09:24We're seeing the cost of the fertilizer
09:26that can't get through.
09:27We're seeing the 3.8% inflation rate.
09:30These are factors from the war.
09:32Project epic fury
09:34has become project epic failure.
09:39We will see where the next rounds
09:41of the birdbath go.
09:44But not one penny,
09:47not one penny in this reconciliation bill goes
09:50to address the challenges
09:51that American families are facing
09:53on health care, on housing, on education,
09:57or invest in American infrastructure.
10:00Not one penny for families.
10:03But a massive amount of money
10:06for ICE and CBP
10:08and realize none of it's needed.
10:12Why do I say that?
10:14Because they're already sitting
10:16on $103 billion of unobligated funds.
10:21The normal budget for those two agencies
10:23is about $20 billion a year.
10:25They're sitting on five years plus
10:27unobligated funds from last year's bill.
10:30What we saw last year
10:32in the big, ugly betrayal of a bill
10:35was billionaires win
10:37and families lose.
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