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will the us participate in the 2026 venice biennale

As President Donald Trump cuts U.S. art programs and funding, questions surround the country's participation in the 2026 Venice Biennale. A Vanity Fair piece by Nate Freeman reports that the selection process is already behind schedule, with the U.S. State Department's typical 18-month lead time now reduced to just one year. The National Endowment for the Arts, which convenes the advisory committee for the pavilion, has been halted, and a key assistant secretary position is vacant. The application portal remains open but now includes new language requiring art that "reflects and promotes American values" and scrubbing references to diversity, equity, and inclusion (DEI).

billionaire art collector ken griffin us eroding brand

Billionaire art collector and Citadel CEO Ken Griffin stated that the United States is “eroding” its brand due to economic policy changes during President Donald Trump’s first 100 days. Speaking at Semafor’s World Economy Summit on April 23, Griffin warned that the reputation and creditworthiness of US Treasuries are at risk, citing recent tariff-driven sell-offs of government bonds. He expressed concern about policy volatility undermining the goal of reshoring manufacturing and noted that investors using the euro as a reference have lost 20% of their value in four weeks. Griffin also voiced support for DOGE, the Department of Government Efficiency led by Elon Musk, which has recommended cuts to the National Endowment for the Humanities.

Five forces that reshaped the art market in 2025

In 2025, the art market faced significant challenges, including gallery closures and unfavorable auction results in the first three quarters, driven by geopolitical pressures such as US President Donald Trump's tariffs. However, a rebound occurred in autumn, with buoyant fairs like Frieze London and Art Basel Paris, and strong November auctions in New York totaling over USD 2 billion, carrying momentum to Art Basel Miami Beach. Key events included Gustav Klimt's *Portrait of Elisabeth Lederer* selling for USD 236.4 million at Sotheby's, a record for a Modern work, and a Frida Kahlo self-portrait setting a new record for a work by a woman. Meanwhile, several galleries closed, including Blum, Venus Over Manhattan, Clearing, Kasmin Gallery, Tilton Gallery, and Perrotin and Pace's Hong Kong outposts, while others expanded, such as Thaddaeus Ropac in Milan and Hauser & Wirth in Sicily.

Sculptor Alma Allen officially selected to represent US at 2026 Venice Biennale

The US State Department has officially confirmed that sculptor Alma Allen will represent the United States at the 2026 Venice Biennale, following earlier delays caused by a 43-day government shutdown. Allen's exhibition, titled "Alma Allen: Call the Breeze," will run from May 9 to November 22, 2026, at the US Pavilion, organized by commissioner Jenni Parido of the American Arts Conservancy and independent curator Jeffrey Uslip. The show will feature around 30 sculptures, including new site-specific works, and the state department announcement explicitly aligns the presentation with President Donald Trump's "America first" ideology, framing the artworks as symbols of collective optimism and American excellence.

Tefaf New York: determination in the face of Trump’s tariff chaos

Tefaf New York returns to the Park Avenue Armory with 91 exhibitors from four continents, presenting 7,000 years of art amid uncertainty caused by President Donald Trump's recently announced tariff regime. The fair's director, Leanne Jagtiani, sent a letter to exhibitors acknowledging the "significant impacts" on the industry, assuring them of close communication with shippers and legal advisers, and advocating for the exclusion of artworks from potential EU reciprocal tariffs. While artworks are understood to be exempt, antiques and contemporary works in unconventional materials may be subject to the new tariffs, creating confusion among dealers and collectors.

Marquee May auctions in New York come at a volatile moment

New York's marquee spring auctions, beginning May 12, are facing significant headwinds from President Donald Trump's second-term policies, particularly the 'Liberation Day' tariffs and resulting stock-market volatility. Phillips deputy chairman Robert Manley confirms at least one eight-figure work was pulled from sale due to tariffs. The combined Modern and contemporary auctions at Christie's, Sotheby's, and Phillips carry an estimated $1.1bn to $1.5bn in art—the lowest total estimate for spring sales since 2010, roughly $250m lower than May 2024. No nine-figure-estimate lots have been consigned, and the number of catalogued lots is the lowest since 2007 (excluding pandemic and recession years). Single-owner collections dominate, with Christie's securing the $200m Leonard and Louise Riggio collection, including a Piet Mondrian estimated at $50m, and works from Anne and Sid Bass. Sotheby's offers collections from dealers Daniella Luxembourg and others.

trump big beautiful bill space shuttle discovery museum houston

President Donald Trump signed the "One Big Beautiful Bill Act" on July 4, which includes a provision requiring the Smithsonian Institution to transfer a space vehicle—widely understood to be the space shuttle Discovery—to NASA. The shuttle has been displayed at the Steven F. Udvar-Hazy Center in Chantilly, Virginia, since 2012. The move must be completed by January 4, 2027, and $85 million has been allocated for planning, transportation, and a new exhibition facility in Houston. The provision originated from the "Bring the Space Shuttle Home Act" introduced by Texas senators John Cornyn and Ted Cruz, after their state lost the original competition to host Discovery.

trump assassination monument statue oval office

A small statue depicting President Donald Trump raising his fist after a failed assassination attempt during a 2024 campaign rally has appeared on his Oval Office desk, drawing renewed attention. The sculpture, based on a photograph by Associated Press photographer Evan Vucci, was created by artist Stan Watts, who is fundraising for a nine-foot-tall version. Separately, documentary filmmaker Steven C. Barber installed a life-sized bronze monument of the same scene at Trump International Golf Club in West Palm Beach, Florida, created by George and Mark Lundeen of Lundeen Sculpture.

trump inauguration donors major art patrons warren stephens

Major art collectors Warren Stephens, Ken Griffin, Paul Singer, and Charles and Helen Schwab were among the top individual donors to President Donald Trump’s 2025 inauguration fundraising committee, according to data from the Federal Election Commission and Open Secrets. Stephens, a major donor to the Arkansas Museum of Fine Art, gave $4 million, the largest individual contribution, while Griffin, Singer, and the Schwabs each donated $1 million or more. The article also details additional political donations from these collectors, including Griffin's $100 million in conservative election spending, and notes that many large corporations like Amazon and BlackRock also contributed.

justin sun maurizio cattelan banana trump memecoin

Crypto billionaire Justin Sun announced on X that he is purchasing $100 million worth of President Donald Trump's memecoin, $TRUMP, which will soon be tradeable on the TRON blockchain. This follows Sun's previous high-profile art world moves, including buying Maurizio Cattelan's duct-taped banana artwork "Comedian" at Sotheby's for $6.2 million and later eating it, as well as a legal dispute with collector David Geffen over a stolen Alberto Giacometti sculpture. Sun also attended a White House dinner for leading $TRUMP buyers in May, which spurred $148 million in coin purchases.

amid fraud case collector justin sun reportedly spent 75 m on trump backed crypto firm

Justin Sun, the crypto billionaire known for buying and eating Maurizio Cattelan's banana sculpture, is under scrutiny after reportedly spending $75 million on World Liberty Financial (WL), a cryptocurrency firm promoted by President Donald Trump. The investment, revealed by a New York Times investigation on April 28, comes while Sun faces a U.S. Securities and Exchange Commission fraud lawsuit and a separate legal battle with collector David Geffen over an Alberto Giacometti sculpture allegedly stolen from Sun's collection.

Christie’s $700M Night, Trump’s $7.25M Rockwell & Bonhams’ Big Names

The article reports on major auction results from Christie's, Bonhams, and other houses, including a $700 million evening sale at Christie's and a Norman Rockwell painting sold for $7.25 million linked to former President Donald Trump. It also highlights notable consignments and bidding activity from high-profile collectors and estates.

Artists and Organizations Rally Against Censorship in Open Letter

Hundreds of arts organizations and professionals have signed an open letter denouncing censorship, titled 'Cultural Freedom Demands Collective Courage: A Nation-Wide Statement of Values and Principles for the Field of Arts and Culture.' The statement, issued by the National Coalition Against Censorship (NCAC) and New York’s Vera List Center for Art and Politics, responds to the National Endowment for the Arts terminating over $27 million in grants. This follows President Donald Trump's second term, which has banned diversity, equity, and inclusion initiatives in federal government, forcing DEI offices at the National Gallery of Art in Washington, D.C., and the Smithsonian Institution to close. The White House also published a list of artworks at the Smithsonian it deems to feature 'improper ideology.' The letter aims to rally cultural institutions against increasing pressure on programming decisions.

Smithsonian’s American Art Museum Appoints New Director Amid Turbulent Moment

The Smithsonian American Art Museum (SAAM) has appointed Lynda Roscoe Hartigan as its new director, concluding a 17-month search. Hartigan, who is leaving her position as executive director and CEO of the Peabody Essex Museum, will begin her role in September, succeeding acting director Jane Carpenter-Rock. She previously worked at SAAM as a curator in the 1970s and has held senior leadership roles at the Peabody Essex Museum and the Royal Ontario Museum.

trump wants his own smithsonian npg display

The White House is pushing for a dedicated display of fan-created portraits of President Donald Trump at the Smithsonian's National Portrait Gallery. Administration officials, following a December tour, suggested installing a selection of artwork sent to the president by supporters, a move that would break with the museum's tradition of reserving multiple depictions for former presidents.

white house trump display smithsonian portrait gallery

In mid-December, Abby Jones, acting chief of protocol at the State Department, suggested during a tour of the Smithsonian’s National Portrait Gallery that the museum create a dedicated gallery featuring multiple images of President Donald Trump, in addition to his official portrait. The White House later noted it regularly receives artworks depicting Trump from supporters and proposed displaying some at the museum, though no formal request has been made. The discussion follows the gallery’s recent replacement of Trump’s official photograph with a more flattering image and the removal of wall text referencing his two impeachments, which the museum described as part of a broader exhibition update.

trump epstein drawing

The House Oversight Committee has released a crude drawing that President Donald Trump reportedly gave to convicted sex offender Jeffrey Epstein for his 50th birthday in 2003. The sketch, first reported by the Wall Street Journal, features a marker outline of a naked woman with Trump's apparent signature placed where her pubic hair would be. Trump has denied creating the drawing, claiming he has never drawn, and has filed a $10 billion libel lawsuit against the Wall Street Journal and its owner Rupert Murdoch. The New York Times compared Trump's signature on the drawing with his correspondence from 1987 to 2001 and found they "closely matched."

congress funding bill nea neh

Congress has unveiled a bipartisan partial funding package that would keep the National Endowment for the Arts (NEA) and the National Endowment for the Humanities (NEH) budgets steady at $207 million each, despite President Donald Trump's proposal to eliminate both agencies. The three-bill "minibus" package faces a House vote and then Senate consideration, as the government seeks to avoid another shutdown after last year's record 43-day closure.

what to know about the smithsonian

President Donald Trump issued an executive order titled “Restoring Truth and Sanity to American History,” targeting the Smithsonian Institution. The order tasks Vice President J.D. Vance with removing “improper ideology” from Smithsonian museums, supported by Secretary of the Interior Doug Burgum and advisor Lindsey Halligan. Critics, including historian Raymond Arsenault, have described the move as totalitarian. The Smithsonian, a public-private partnership founded in 1846 with 21 museums and the National Zoo, faces potential loss of federal funding if it does not comply, echoing pressure applied to other institutions like Columbia University.

smithsonian american history museum trump impeachment display

The Smithsonian's National Museum of American History has restored a placard for President Donald Trump to its impeachment display, updating it with new information. The change follows controversy after a temporary placard mentioning Trump was removed, which drew criticism from Democratic leaders and concerns about political interference at the Smithsonian. The museum stated the removal was due to the placard not meeting standards in appearance and presentation, and that no administration requested the change.

national portrait gallery director resigns trump kim sajet

Kim Sajet, director of the National Portrait Gallery in Washington, D.C., has resigned from her post after President Donald Trump claimed on social media that he had fired her. The Smithsonian Institution initially affirmed its independence, stating that only its secretary and Board of Regents control personnel decisions, and Sajet continued working. However, as of June 13, she departed the role she had held since 2013, citing her desire to put the museum first. Trump had criticized Sajet for being a supporter of DEI and for including a wall text with a portrait of him that mentioned his impeachments and the January 6 insurrection.

smithsonian institution challenges kim sajet firing trump

The Smithsonian Institution issued a statement asserting its independence after President Donald Trump claimed he fired National Portrait Gallery director Kim Sajet. The statement did not name Sajet or Trump directly but affirmed that all personnel decisions are made by the Secretary, Lonnie G. Bunch, with board oversight. It followed reports that Sajet continued working despite the supposed firing and that the Trump administration had compiled a 17-point list of grievances against her. The statement also noted the Board of Regents directed the Secretary to ensure unbiased content in Smithsonian museums.

national endowment for the arts cancels grants trump

President Donald Trump's administration has canceled or withdrawn grant offers from the National Endowment for the Arts (NEA) via email, affecting arts organizations nationwide. The NEA stated it is updating its grantmaking priorities to focus on projects that reflect the nation's artistic heritage as prioritized by the president, including historically Black colleges, Hispanic-serving schools, the 250th anniversary of American independence, AI competency, houses of worship, disaster recovery, skilled trades, military and veterans, Tribal communities, and Asian American economic development. Some affected grants supported artists of color, and the language appeared to conflict with the administration's prior push against DEI initiatives. Similar cancellations have occurred at the National Endowment for the Humanities and the Institute of Museum and Library Services.

Federal Bill Creating Smithsonian Women’s Museum Scuttled Over Demand That It Honor Only “Biological” Females

Legislation to advance the construction of the Smithsonian American Women’s History Museum in Washington, DC, failed in the House on May 21 after Democrats rejected amendments added by Republicans. The bill, introduced by Republican Representative Nicole Malliotakis, was defeated 216-204, with six Republicans joining Democrats in opposition. Key changes included language specifying the museum would honor only “biological women” and explicitly barring the depiction of any “biological male as a female,” which critics said would exclude transgender women. Other provisions would have given President Donald Trump unilateral authority to choose an alternative site for the museum, originally planned for the National Mall, and granted approval power over design and construction to commissions controlled by Trump appointees.

school of art institute of chicagos video data bank

The School of the Art Institute of Chicago (SAIC) laid off three of five staff members of its Video Data Bank (VDB), including director Tom Colley, as part of 20 total layoffs across the institution. The cuts, announced on November 12, eliminated leadership and key distribution and digital management roles, sparking outcry from the new-media art community. VDB, founded in 1976, is a leading archive of video art with over 6,000 works by artists including Nam June Paik, Bruce Nauman, and Pipilotti Rist, distributed worldwide via subscription streaming.

jeffrey epstein emails art guy leonardo salvator mundi

Newly released emails from Jeffrey Epstein, published by House Republicans, show the disgraced financier discussing Leonardo da Vinci's *Salvator Mundi* with journalist Michael Wolff. In a May 2019 exchange, Epstein referenced the $450.3 million painting—the most expensive artwork ever sold at auction—and suggested its sale was linked to a real estate deal involving a Russian billionaire and Saudi Crown Prince Mohammed bin Salman. Epstein also mentioned that his "art guy" thought the painting wasn't very good.

moca los angeles geffen nadya tolokonnikova

Artist Nadya Tolokonnikova, a founding member of Pussy Riot, began a durational performance titled *Police State* at the Museum of Contemporary Art (MOCA) in Los Angeles on Thursday, inhabiting a cell and sewing clothing. The following day, protests erupted in the city after ICE raids in the garment district, leading to clashes with police and the deployment of 2,000 National Guard troops by President Donald Trump. MOCA closed its Geffen branch early on Sunday for safety, while Tolokonnikova continued her performance, live-streaming audio from the protests into her installation.

louisville art historian resigns statue louis xvi damaged

Chris Reitz, an art historian and chair of Louisville’s Commission on Public Art, has resigned in protest over the city’s plan to restore a statue of King Louis XVI that was damaged by protesters in May 2020 following the police killing of Breonna Taylor. In an op-ed, Reitz argued that the $200,000 restoration cost is unjustified for a statue he deems beyond repair, and accused city officials of trying to erase evidence of the protests. The statue, created by Achille Valois, was originally erected in France in 1829 and gifted to Louisville in 1966; it was vandalized on the same day the city released 911 calls from Taylor’s killing.

White House launches review of Smithsonian museums and exhibitions

The White House has launched a comprehensive internal review of the Smithsonian Institution, targeting eight of its museums including the National Museum of American History, National Museum of African American History and Culture, and the Hirshhorn Museum. A letter signed by senior White House officials Lindsey Halligan, Vince Haley, and Russ Vought demands extensive documentation, curatorial materials, and exhibition schedules within 30-, 75-, and 120-day deadlines, with the stated goal of aligning programming with President Donald Trump's directive to "celebrate American exceptionalism" and remove "divisive or partisan narratives." The review follows Trump's March executive order reshaping the Smithsonian, which had already led to the resignation of National Portrait Gallery director Kim Sajet and the cancellation of artist Amy Sherald's traveling exhibition after the museum allegedly sought to remove her painting of a non-binary transgender person.

art sam mckinniss jeffrey deitch show

Artist Sam McKinniss, known for his internet-sourced celebrity portraits exploring fandom and parasocial relationships, is opening a new exhibition titled “Law and Order” at Jeffrey Deitch gallery in New York on September 6. The show shifts focus to figures of crime and justice, including “Hot Felon” Jeremy Meeks, Luigi Mangione, art dealer Mary Boone (as portrayed by Parker Posey in the 1996 film *Basquiat*), and a painting of Alcatraz, the former prison that President Donald Trump has proposed reopening. McKinniss describes the work as tracing the parameters of a top-down worldview in an era of new tyrannies. In an interview with CULTURED, he discusses his studio routine, creative influences like Martha Argerich, and the informal group chat that first sees his works-in-progress.