Agency Of Income
  • World News
  • Stocks
  • Business
  • Politics

Agency Of Income

  • World News
  • Stocks
  • Business
  • Politics
World News

Trump pauses oil exec summit to peek at White House ballroom’s progress

by admin January 9, 2026
January 9, 2026
Trump pauses oil exec summit to peek at White House ballroom’s progress

President Donald Trump briefly paused his meeting with nearly two dozen oil executives Friday afternoon to walk over to a window at the White House to check out updates on the ballroom’s construction.

‘Today, I’m delighted to welcome almost two dozen of the biggest and most respected oil and gas executives in the world to the White House,’ he said. ‘It’s an honor to be with them. We have many others that were not able to get in. I said, ‘If we had a ballroom, we’d have over a thousand people.’

‘I never knew you had that many people in your industry. But here we are. And if you’re, in fact, if you look, come to think of it. Well, I gotta look at this myself,’ Trump said as he got up from his chair to peek out of a window in the East Room, looking out to where the ballroom is under construction.

‘Wow. What a, what a view. This is the door to the ballroom,’ he continued. 

Trump remarked that it was an ‘unusual time to look’ out in the ballroom, which earned chuckles, and then invited the ‘fake news’ to check out the progress. 

Trump announced in October 2025 that construction had begun on the ballroom after months of the president floating the planned project to modernize the White House. The project does not cost taxpayers and is privately funded, the White House reported.

Photos of the demolition crew dismantling the East Wing’s facade circulated on social media and in news reports in October 2025, sparking outrage from Democrats and other Trump critics who argued the president was ‘destroying’ the White House. 

Trump said Friday the construction is ahead of schedule. The White House said the ballroom will be ‘completed long before the end of President Trump’s term’ in 2029. 

‘We’re ahead of schedule in the ballroom and under budget. It’s going to be … I don’t think there will be anything like it in the world, actually. … This is, as you know, our biggest room, which would seat 100 for dinner, maybe, if you’re lucky, if you’re … nice and tight.

‘And the ballroom will seat many, and it’ll also take care of the inauguration with bulletproof glass, drone-proof ceilings and everything else, unfortunately, that today you need.’ 

The president repeatedly has remarked that the White House’s current rooms do not accommodate large crowds for dinners and other public events. 

Trump hosted nearly two dozen oil executives at the White House Friday to discuss investment in Venezuela after the U.S. military’s successful capture of the nation’s dictatorial president, Nicolás Maduro, Saturday. 

The lengthy lineup of oil companies includes Chevron, Exxon, ConocoPhillips, Continental, Halliburton, HKN, Valero, Marathon, Shell, Trafigura, Vitol Americas, Repsol, Eni, Aspect Holdings, Tallgrass, Raisa Energy and Hilcorp.

Vice President JD Vance, Secretary of State Marco Rubio, Secretary of Energy Chris Wright and Secretary of the Interior Doug Burgum also attended the meeting. 

‘The plan is for them (oil companies) to spend at least $100 billion to rebuild the capacity and the infrastructure necessary,’ Trump said during the meeting. ‘Venezuela has also agreed that the United States will immediately begin refining and selling up to 50 million barrels of Venezuelan crude oil, which will continue indefinitely. 

‘We’re all set to do it. We have the refining capacity, (which) was actually based very much on the Venezuelan oil, which is a heavy oil, very good oil.’

This post appeared first on FOX NEWS

previous post
Trump admin reportedly considers paying each Greenland resident up to $100K amid US takeover talks
next post
Grassley presses FBI over Trump Arctic Frost probe name, calls change ‘anything but random’

Related Posts

Duffy just got an additional job in Trump’s...

July 10, 2025

Senate Republican predicts the fall of the Cuban...

January 7, 2026

Rick Scott calls Democrats ‘heartless’ as he pitches...

November 12, 2025

‘She’s wrong’: Trump says Tulsi Gabbard incorrect about...

June 20, 2025

Trump backs stock trading ban so lawmakers like...

July 31, 2025

Cracker Barrel’s logo mea culpa is a start...

August 27, 2025

Johnson points to Obama-era drone precedent as Congress...

December 2, 2025

DOJ outlines 10 ‘wins’ under Trump, says agency...

January 1, 2026

China’s missile surge puts every US base in...

December 14, 2025

Senate Republicans reveal dramatic dealmaking behind Trump’s $3.3T...

August 10, 2025

    Get free access to all of the retirement secrets and income strategies from our experts!

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • DAVID MARCUS: How Trump’s team of former rivals is saving America

    • Russia fires new hypersonic missile in massive Ukraine attack, Kremlin says

    • Key Republican negotiator details bipartisan Obamacare fix as abortion dispute remains sticking point

    • Grassley presses FBI over Trump Arctic Frost probe name, calls change ‘anything but random’

    • Trump pauses oil exec summit to peek at White House ballroom’s progress

    • Trump admin reportedly considers paying each Greenland resident up to $100K amid US takeover talks

    Categories

    • Business (192)
    • Politics (20)
    • Stocks (112)
    • World News (1,054)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: AgencyOfIncome.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 agencyofincome.com | All Rights Reserved