Bloomberg News reports:
The Trump Organization is seeking U.K. and Irish bailout money to help cover wages for bartenders, bagpipers and other employees furloughed from its European golf properties because of the coronavirus lockdown.
Overseas businesses owned by U.S. President Donald Trump can tap government funds meant to help retain workers. In the U.S., by contrast, they’re specifically written out of the enormous U.S. economic relief package.
In the U.K. and Ireland, where Trump owns three money-losing golf resorts, companies can tap enough government cash to pay most of their workers’ salaries. It’s unclear whether the Trump Organization is paying the balance of the salaries for furloughed workers.
Yesterday the Trump Organization petitioned the Trump administration for rent relief on Trump Washington DC hotel. Trump has claimed at times to worth $10 billion.