UPDATED: Trump’s DC hotel — a symbol of the blurred lines between his govt and his biz — lost $71 million while he was in office, new docs show. washingtonpost.com/business/2021/…
Does this mean concerns about Trump mixing business and govt were/are overblown? I’d say no — a POTUS who’s losing money could be more open to conflicts of interest than one who’s raking it in.
Trump’s out of office, so why do we care now?
If he does run for office again, we want to understand his financial situation: successes, money-losers, debts and/or potential points of leverage. All those could have changed since 2016 — or even 2020.
One thing that really stands out is that Trump’s pre-politics splurge on huge hotels has not gone well. Doral, Turnberry, DC — his biggest, newest properties have all struggled.
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NEW: NY Judge orders Trump Org to provide more documents to the state Attorney General's investigators. If they don't, the judge says he'll send in an outside company to search Trump Org's files for them.
Kudos to @Law360, which intervened in court to get this previously-sealed order made public.
Funny aside to this: it appears that Trump Org has now blocked the Post from its email servers — so that even the company’s spokesperson can’t get questions from us.
But we have to give them a chance to comment, even if they don’t seem to want it! So…Gmail to the rescue.
A little piece of history: these receipts show the first time the US govt paid money to the Mar-a-Lago Club after Trump took office.
Secret Service paid Trump’s club $11,500 on 1/27/17. Why? No idea. Trump was still in DC. When I asked for details, all I got were these receipts:
I’ve just gotten a few more receipts from the Secret Service, showing payments to Mar-a-Lago in the early months of Trump’s tenure.
I’ll post them as I go through them. Keep in mind that Trump Org said publicly that they were charging the govt “50 bucks” for these rooms...
Next: a receipt from Trump’s 3/3/2017 to 3/5/2017 visit. The Secret Service sent agents to follow POTUS, and Trump Org charged taxpayers $650 p per night for each agent’s room.
This one’s for two nights: $1,300.
.@BlockClubCHI also reported that the hospital COO bragged about vaccinating @erictrump at the same time. I asked Eric Trump, the COO and the hospital about that today, got no response from any of them so far. blockclubchicago.org/2021/03/17/chi…
If you care about Chicago news, you ought to check out @blockclubchi, the nonprofit news site that broke this Trump Tower vaccine story first.
Here's where to donate to them... newsforgood.org/organizations/…
We've been on the Trump Org beat for 4 years now. But it hasn't all been filling in spreadsheets and fighting over FOIAs.
Sometimes, it was even a little funny.
While we're all waiting for news today, I thought you might like a rundown of the more humorous moments:
6. I'm at the Trump Hotel in D.C., for a story on the MAGA/RNC party scene. There's *1* couch where I can sit w/out having to buy anything. This couch is my island. I sit for an hour, then get up to stroll the lobby.
Come back.
2 people are passionately making out on my island
I waited for them to stop. They did not acknowledge me.
Lesson for young journalists: if you find a good couch, and you have to get up, take the couch with you.