TrumpOrganization
Donald Trump‘s family business is set to sell its marquee Washington hotel for at least $375 million, even though the property itself has struggled to make money. Lawsuits have been filed against Trump for allegedly receiving foreign donations to finance the hotel, violating the emoluments clause of the U.S. Constitution, which prohibits federal officials from taking gifts or payments from other governments. According to audits by House investigators, the hotel lost around $74 million from 2016 to 2020. Though a final sale has not yet taken place, the buyer, CGI Merchant Group, is considering ...
uPolitics.com
Two Trump Organization executives appeared before a grand jury in Manhattan on Thursday as part of prosecutors’ probe into former President Donald Trump’s business. Matthew Calamari Jr., the Trump Organization’s corporate director of security, was subpoenaed to appear alongside Jeffrey McConney, the controller of the Trump Organization. In accordance with New York state law, Calamari Jr. received transactional immunity for his testimony. Calamari Jr.’s attorney Nick Gravante commented on his client’s appearance. “He appeared today, was immunized and testified truthfully, all of which are requi...
uPolitics.com
President Donald Trump‘s Mar-a-Lago club, which hosted a summit with Japanese Prime Minister Shinzo Abe charged the U.S. government $3 for every glass of water served during the summit.In addition to the tap water charges, Mar-a-Lago also requested $13,700 for guest rooms, $16,5000 for food and wine and $6,000 for floral arrangements, all during the summit with Abe. Trump’s use of personal properties for government functions has drawn rebukes from ethics experts.According to The Washington Post, the U.S. government has made over $2.5 million in payments to Trump’s properties since he has been ...
uPolitics.com
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