His library foundation has told the I.R.S. that by the end of 2027 it expects to bring in just $11.3 million — not nearly enough for a traditional presidential library.
Former President Joseph R. Biden Jr. has only just begun to raise money for a presidential library, starting with an event for potential donors on Monday in Washington.
Treasury Secretary Scott Bessent argued that financial stability was best achieved through faster economic growth, which he said was constrained by unnecessary regulations.
President-elect Donald J. Trump and President Biden at Mr. Trump’s inauguration in January. Mr. Trump’s allies dispute the idea that he is obsessed with his predecessor.
A Pentagon intelligence report says China could try to acquire advanced F-35 technology in Saudi Arabia if the Trump administration sells jets to the kingdom.
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