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SoftBank Gives $50 Million to Trump Library Amid Bribery Probe

8/6/2026

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Summary

Story summary

SoftBank contributed $50 million to U.S. President Donald Trump's Presidential Library Foundation in January, naming Eric Trump as a trustee.
The donation was revealed after a letter from Sen. Elizabeth Warren (D-MA), Sen. Richard Blumenthal (D-CT) and Rep. Melanie Stansbury (D-NM) raised bribery concerns.
SoftBank is leasing land in Ohio for a data center to build an AI data center and a 9.2-gigawatt gas-fired power plant at the Portsmouth site.

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Story summary

SoftBank contributed $50 million to U.S. President Donald Trump's Presidential Library Foundation in January, naming Eric Trump as a trustee.
The donation was revealed after a letter from Sen. Elizabeth Warren (D-MA), Sen. Richard Blumenthal (D-CT) and Rep. Melanie Stansbury (D-NM) raised bribery concerns.
SoftBank is leasing land in Ohio for a data center to build an AI data center and a 9.2-gigawatt gas-fired power plant at the Portsmouth site.