Government surplus auction house GovPlanet is reportedly set to return up to $350 million in unused construction materials from President Donald Trump's unfinished southern border wall.
The company had acquired and planned to sell the unused steel panels, bollards, and concrete after former President Joe Biden halted construction when he took office in 2021.
According to The Hill, U.S. Customs and Border Protection is currently negotiating the return of the materials with GovPlanet for pennies on the dollar.
Department of Homeland Security (DHS) sources told NewsNation that the government and the auction site had struck a deal but did not elaborate further. Reports indicate, however, that GovPlanet and DHS agreed last week to have a third-party contractor take possession of the materials within 90 days.
On Wednesday, Trump told reporters that Attorney General Pam Bondi is working "very hard" to sue GovPlanet, which reportedly put the wall building materials up for sale on its website in December.
The president, who made his remarks during a news conference at The Kennedy Center, also said that his administration intends to "take the wall back" and continue its construction.
"They stole the wall from us," Trump said. "That wall is so expensive to build, and we had it, as you know, hundreds of miles of it ... and they came along and they basically sold it for scrap."
He placed the blame for the scattering of the construction components squarely on his Democrat predecessor.
"Now, this is expensive stuff," Trump said. "Biden sold it for pennies on the dollar, three cents on the dollar, four cents on the dollar. He sold it."
GovPlanet reportedly removed the wall materials from its website after a federal judge in Texas ruled in January that the Biden administration cannot sell any of the building materials or redirect funds originally earmarked for the project.
In a statement, the company said it is returning the construction materials to the government at cost to safeguard millions of taxpayer dollars.
"We are expediting the transfer of these materials to support ... border protection plans," the statement read. "We value our longstanding partnership with the U.S. government ... continuing to support America's federal agencies."
Work on the border wall is reportedly set to resume in stretches of California and Texas as soon as the unused building materials are returned. Congress approved $46.5 billion in Trump's "big, beautiful bill" to complete the border wall's construction.
Newsmax reached out to GovPlanet and DHS for comment but did not receive an immediate response.
Nicole Weatherholtz ✉
Nicole Weatherholtz, a Newsmax general assignment reporter covers news, politics, and culture. She is a National Newspaper Association award-winning journalist.
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