Claim: The updated cost of the reflecting pool under the Trump administration is now $16 million.
Verdict: Correct (85% confidence)
Explanation: According to CNBC, the renovation of the Lincoln Memorial Reflecting Pool under the Trump administration has a cost of $16 million. This is further supported by a timeline from another source, which confirms the $16 million price tag and notes the project's complications and scrutiny. These sources directly address the cost and timeframe of the renovation, confirming the claim's core proposition.