Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Top News
Top News
Politics

President Trump To Address Alleged Government Fraud In News Conference

President Donald Trump listens after signing executive orders in the Oval Office of the White House, Monday, Feb. 3, 2025, in Washington. (AP Photo/Evan Vucci)

President Donald Trump has announced that he will be holding a news conference on Thursday to discuss what he claims is 'tremendous fraud' occurring within the federal government. During a recent media availability in the Oval Office, Trump expressed his intention to reveal names of entities that have received hundreds of millions, even billions of dollars, questioning the validity of such allocations.

Trump's remarks suggested that he believes certain recipients of government funds may not be deserving, hinting at potential mismanagement or misuse of taxpayer money. He went as far as to imply that reporters who support such allocations lack talent, indicating a strong stance on the issue.

He questions validity of entities receiving large government funds.
President Trump to hold news conference on 'tremendous fraud' in federal government.
Implications of mismanagement or misuse of taxpayer money.

In addition to addressing alleged fraud, the president also voiced support for investigations led by Elon Musk's Department of Government Efficiency. Trump commended Musk for his efforts in identifying areas where federal agency spending could be reduced, emphasizing Musk's credibility in this regard.

Trump's upcoming news conference is expected to shed more light on the specifics of the alleged fraud and the actions being taken to address it. The president's statements have sparked interest and raised questions about the transparency and accountability of government spending, as well as the role of independent investigations in ensuring efficiency.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.