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Business
Trump Tells White House Correspondents: 'When I'm Gone, You'll All Be Bankrupt'
Herz — Business Desk · · 30s summary · 3 min read
The essentials
Donald Trump spoke on July 25, 2026, at a makeup dinner of the White House Correspondents' Association (WHCA), the association of journalists accredited to the White House, in Washington. He told the assembled journalists: 'When I'm gone, you'll all be bankrupt,' asserting that American media depend economically on him. Trump wore a red 'Trump 2028' cap, alluding to an unconstitutional third presidential run. This dinner is a makeup event: the April 2026 edition had been interrupted following an armed intrusion during which a security agent was wounded.
- Trump declares American media will go bankrupt without him
- He wears a 'Trump 2028' cap, alluding to an unconstitutional third term
- The April 2026 dinner was interrupted by an armed intrusion
- The agent wounded in April 2026 is honored at the makeup dinner
- Enhanced security: ID card and personalized QR code required
What We Know
Donald Trump delivered remarks on July 25, 2026, at a makeup gala dinner of the White House Correspondents' Association (WHCA), the American association of journalists who cover the news of the U.S. president, at a hotel in Washington.
Before the assembled journalists, he declared, according to Handelsblatt: 'When I'm gone, you'll all be bankrupt.' Trump asserted that the business model of American media depends on him.
When I'm gone, you'll all be bankrupt.
— Donald Trump, July 25, 2026, WHCA dinner
Trump accused the media of spreading 'Fake News,' while claiming they matter to him because he generates headlines. He typically calls the press 'enemies of the people.'
He also commented on the physical appearance of female journalists present in the room.
The 'Trump 2028' Cap
During his remarks, Trump wore a red cap bearing the inscription 'Trump 2028.' This allusion to a possible third presidential candidacy would be unconstitutional.
The president also mentioned a planned ballroom at the White House, cage fights organized for his 80th birthday in June, and asserted that Iran must never possess nuclear weapons.
Context: The April 2026 Dinner Interrupted by Armed Intrusion
This July 25 dinner is a makeup event. In April 2026, the WHCA's annual dinner, held at a hotel in Washington, was interrupted after an armed man forced his way through a security vestibule.
The assailant did not reach the ballroom where Trump was located, but gunfire was exchanged and a security agent was wounded. Trump and other honored guests were secured by their bodyguards.
The suspect has since been charged, among other counts, with attempted assassination of the president and assault of a federal agent with a deadly weapon. In May 2026, his attorney entered a not-guilty plea.
Timeline
- April 2026The WHCA's annual dinner is interrupted by an armed intrusion; a security agent is wounded by gunfire.
- May 2026The suspect's attorney enters a not-guilty plea to charges of attempted presidential assassination and assault of a federal agent with a deadly weapon.
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