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Fact-check · Oct 20, 2026

“The last administration did a $500,000,000,000 in four years”

FALSESaid in 2 broadcasts
What the record shows
New foreign direct investment in the United States totaled $810.9 billion over 2021–2024 (BEA): $333.6B (2021) + $177.5B (2022) + $148.8B (2023) + $151.0B (2024).

The claim understates FDI inflows by $311 billion. The actual four-year total was 62% higher than stated.

Sources
▶ Watch the broadcast
From: SBA's Million Dollar Pitch Competition

Every time it was said

2 times, Sep 28, 2026 to Oct 20, 2026 · 2 false
OctSep 28, 2026 — FALSEOct 20, 2026 — FALSE
False
Sep 28, 2026President Trump Makes an Announcement, Sep. 28, 2026FALSE
Oct 20, 2026This pageFALSE

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