This article was published more than 1 year agoCommentGift ShareA House committee on Tuesday asked the Biden administration to provide detailed financial records on former president Donald Trump’s Washington hotel — which is located in a federally owned building and must give the government financial data as part of its lease.The House Transportation and Infrastructure Committee, which oversees public buildings, first asked for records on the hotel in early 2019. But for two years — while Trump’s administration was the Trump International Hotel’s landlord — the government refused to...…This article was published more than 1 year agoCommentGift ShareA House committee on Tuesday asked the Biden administration to provide detailed financial records on former president Donald Trump’s Washington hotel — which is located in a federally owned building and must give the government financial data as part of its lease.The House Transportation and Infrastructure Committee, which oversees public buildings, first asked for records on the hotel in early 2019. But for two years — while Trump’s administration was the Trump International Hotel’s landlord — the government refused to...WW…

This article was published more than 2 years agoCommentGift ShareDonald Trump’s new office is the Mar-a-Lago Club’s old bridal suite. There — exiled from Washington, avoiding New York, working from a repurposed dressing room in Florida — the former president faces a choice.Is it time to start selling his properties?Some of Trump’s businesses are , facing sharp drops in revenue and an exodus of clients, lenders, lawyers and business partners. Now, sharks are circling.The Washington Post spoke with four investors who said they are exploring efforts to buy Trump’s properties or the loans...…This article was published more than 2 years agoCommentGift ShareDonald Trump’s new office is the Mar-a-Lago Club’s old bridal suite. There — exiled from Washington, avoiding New York, working from a repurposed dressing room in Florida — the former president faces a choice.Is it time to start selling his properties?Some of Trump’s businesses are , facing sharp drops in revenue and an exodus of clients, lenders, lawyers and business partners. Now, sharks are circling.The Washington Post spoke with four investors who said they are exploring efforts to buy Trump’s properties or the loans...WW…

This article was published more than 2 years agoCommentGift ShareLONDON — Scotland's Parliament on Wednesday voted against a proposal to urge an investigation into the finances of former president Donald Trump's Scottish golf courses — saying such questions should be left to police, without political pressure.Trump owns two golf courses in Scotland, and he has invested more than $289 million into them without ever turning a profit. Some Scottish lawmakers want their government to seek an "unexplained wealth order" — a tool used to fight money laundering — to investigate where Trump got...…This article was published more than 2 years agoCommentGift ShareLONDON — Scotland's Parliament on Wednesday voted against a proposal to urge an investigation into the finances of former president Donald Trump's Scottish golf courses — saying such questions should be left to police, without political pressure.Trump owns two golf courses in Scotland, and he has invested more than $289 million into them without ever turning a profit. Some Scottish lawmakers want their government to seek an "unexplained wealth order" — a tool used to fight money laundering — to investigate where Trump got...WW…

This article was published more than 2 years agoCommentGift ShareDonald Trump returns to his company this week as it faces a deepening crisis, with key properties bleeding revenue and its bankers, lawyers and customers fleeing the company.Financial disclosure forms, filed by the former president as he left office, revealed that his hotels, resorts and other properties had lost more than $120 million in revenue last year, as the pandemic forced long-term closures and kept customers home.Those losses were worst in the places where Trump could least afford it: His Washington hotel,...…This article was published more than 2 years agoCommentGift ShareDonald Trump returns to his company this week as it faces a deepening crisis, with key properties bleeding revenue and its bankers, lawyers and customers fleeing the company.Financial disclosure forms, filed by the former president as he left office, revealed that his hotels, resorts and other properties had lost more than $120 million in revenue last year, as the pandemic forced long-term closures and kept customers home.Those losses were worst in the places where Trump could least afford it: His Washington hotel,...WW…

This article was published more than 2 years agoCommentGift ShareThe city of New York said Monday that it was “reviewing whether legal grounds exist” to terminate its business relationships with President Trump, whose company has contracts to run a carousel, two ice rinks and a golf course in city parks.In a statement, a spokeswoman for Mayor Bill de Blasio (D) said that review was spurred by Trump’s actions on Wednesday — when, , a pro-Trump mob .“The attacks on our Capitol killed a police officer, left four rioters dead, exposed and threatened the constitutional transfer of power....…This article was published more than 2 years agoCommentGift ShareThe city of New York said Monday that it was “reviewing whether legal grounds exist” to terminate its business relationships with President Trump, whose company has contracts to run a carousel, two ice rinks and a golf course in city parks.In a statement, a spokeswoman for Mayor Bill de Blasio (D) said that review was spurred by Trump’s actions on Wednesday — when, , a pro-Trump mob .“The attacks on our Capitol killed a police officer, left four rioters dead, exposed and threatened the constitutional transfer of power....WW…