Tag Archives: Trump Organization

22 Foreign Governments Have Spent Money At Trump Properties: Hotels, Condos, Resorts, And Restaurants

NBC News reports: Representatives of at least 22 foreign governments appear to have spent money at Trump Organization properties, an NBC News review has found, hinting at a significant foreign cash flow to the American president that critics say violates the U.S. Constitution. The extent and amount of foreign spending at Trump’s hotels, golf clubs and restaurants is not known, …

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MIAMI: Business Plummets At Trump’s Flagship Resort

The Washington Post reports: At Doral, which Trump has listed in federal disclosures as his biggest moneymaker hotel, room rates, banquets, golf and overall revenue were all down since 2015. In two years, the resort’s net operating income — a key figure, representing the amount left over after expenses are paid — had fallen by 69 percent. “They are severely …

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REPORT: Junior To Invoke Fifth, Defy Senate Subpoena

Reuters reports: Donald Trump Jr. is unlikely to comply with a U.S. Senate Intelligence Committee subpoena to testify about his contacts with Russia, two congressional sources said on Thursday as the president publicly defended his eldest son. The sources said Trump Jr is expected to cite his Fifth Amendment constitutional right to avoid self-incrimination, a day after reports that the …

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Senate Subpoenas Junior Over Trump Tower Moscow

CNBC reports: The Senate Intelligence Committee, which is headed by a Republican, has subpoenaed Donald Trump Jr., the eldest son of President Donald Trump, to answer questions about his claim to have just limited knowledge of an ultimately aborted plan to build a Trump Tower in Moscow, Russia. Trump Jr. testified to the Senate Judiciary Committee in September 2017 that …

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Trump: I Reported Business Losses As A “Sport”

The Huffington Post reports: President Donald Trump tweeted early Wednesday following a report that documented more than $1.1 billion in personal business losses over a 10-year period beginning in 1985. Trump seemingly tried to downplay the report, saying that “almost all real estate developers” wanted to show losses for tax purposes and renegotiate with banks, and it was “sport.” His …

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BREAKING: New York Times Gets Trump’s Taxes From 1985-1994, Numbers Show Massive $1.17 Billion Loss

The New York Times reports: Printouts from Mr. Trump’s official Internal Revenue Service tax transcripts, with the figures from his federal tax form, the 1040, for the years 1985 to 1994 — represents the fullest and most detailed look to date at the president’s taxes, information he has kept from public view. Though the information does not cover the tax …

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Trump Organization Files To Block Deutsche Bank Subpoena, Claims Family Faces “Irreparable Harm”

Law & Crime reports: President Donald Trump‘s attorneys filed a memorandum of law on Friday in an effort to block Deutsche Bank and Capital One from complying with subpoenas from the House of Representatives ahead of a May 6 deadline. Attorneys moved for a preliminary injunction to block the “outrageously broad” subpoenas. They noted that the subpoenas demand, “among other …

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Trump Sues Banks To Block Congressional Subpoenas

The New York Times reports: President Trump, his three eldest children and his private company filed a federal lawsuit on Monday against Deutsche Bank and Capital One, in a bid to prevent the banks from responding to congressional subpoenas. In the suit, filed in federal court in Manhattan, the president and his family members argue that the Democratic House committee …

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Trump Sues To Block Subpoena On Business Financials

The Washington Post reports: President Trump and his business on Monday sued House Oversight Committee Chairman Elijah E. Cummings (D-Md.) in a bid to block a congressional subpoena of his financial records. The lawsuit seeks a court order to prevent Trump’s accounting firm from complying with what his lawyers say is an improper use of subpoena power by congressional Democrats. …

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ANALYSIS: Pro-Trump PACs, Trump Campaign, GOP Have Spent Combined $4.7 Million At Trump Properties

Newsweek reports: President Donald Trump’s hotels and properties have taken in nearly $5 million from Republicans, GOP groups and the president’s own campaign since he took office in 2017. According to public disclosures highlighted by the Center for Responsive Politics, pro-Trump super PACs, the Republican National Committee and the president’s own reelection committee have spent at least $4.7 million on …

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ICE Misses Deadline On Trump Org Hiring Questions

The Washington Post reports: President Trump has shown he is willing to take dramatic steps to stop the flow of illegal immigration into the United States, but his administration has been silent about one company that long relied on unauthorized labor: Trump’s own business. Democrats in Congress have been stymied in their efforts to find out whether federal authorities are …

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Michael Cohen Offers New Dirt In Bid To Delay Prison

CNN reports: President Donald Trump’s former lawyer and fixer Michael Cohen is offering House Democrats new information in a bid to stay out of jail while he cooperates with Congress. Cohen’s attorneys Lanny Davis and Michael Monico told lawmakers in a letter Thursday that Cohen has discovered substantial files on a hard drive that might be helpful to investigators. Cohen …

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Forbes: Trump Pocketed $1.3M In 2020 Donor Funds

Forbes reports: Donald Trump has charged his own reelection campaign $1.3 million for rent, food, lodging and other expenses since taking office, according to a Forbes analysis of the latest campaign filings. And although outsiders have contributed more than $50 million to the campaign, the billionaire president hasn’t handed over any of his own cash. The net effect: $1.3 million …

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Court Orders Release Of Cohen’s Search Warrant Info

The Washington Examiner reports: A federal judge has ordered redacted copies of the search warrant materials from the FBI’s raid of former Trump lawyer Michael Cohen’s home and office last spring be made public. The documents will be placed on the docket Tuesday, according to a brief order by U.S. District Court Judge William Pauley III. The materials were obtained …

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Trump Rages Over NY Probe Into Trump Org Financing

Roll Call reports: President Donald Trump blasted the state of New York and Governor Andrew Cuomo as the latest “PRESIDENTIAL HARASSERS” earlier tonight. The president’s tweet comes on the heels of New York Attorney General Letitia James issuing subpoenas to Deutsche Bank and Investors Bank over, per the New York Times, “records relating to the financing of four major Trump …

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Cohen Sues Trump Org For $1.9 Million In Legal Bills

From a lawsuit just filed by Michael Cohen: “The Trump Organization agreed to indemnify Mr. Cohen and to pay attorneys’ fees and costs incurred by Mr. Cohen in connection with various matters arising from Mr. Cohen’s work with and on behalf of the Organization and its principals, directors, and officers. These matters include multiple congressional hearings, Special Counsel Robert Mueller …

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Trump Organization Investigated For Insurance Fraud

The New York Times reports: New York State regulators have issued an expansive subpoena to the Trump Organization’s longtime insurance broker, the first step in an investigation of insurance policies and claims involving President Trump’s family business, according to a person briefed on the matter. The subpoena was served late Monday on the company, Aon, one of the largest insurance …

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Junior, Kushner, And Eric Trump On Nadler’s Target List

Earlier today House Judiciary Chairman Jerry Nadler filed documents requests with 71 people and entities affiliated with Trump. Here’s some of the people on Nadler’s list: DONALD TRUMP JR. – Trump’s oldest son is a top surrogate for his father in conservative circles and helps run his business. During the 2016 campaign, he set up a meeting with a Kremlin-connected …

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REPORT: Cohen To Testify On Trump’s Criminal Conduct

The Wall Street Journal reports: Michael Cohen, Donald Trump’s former lawyer, will for the first time publicly accuse the president of criminal conduct while in office related to a hush-money payment to a porn star, a person familiar with his planned testimony before Congress said. Appearing on Wednesday before the House Oversight Committee, Mr. Cohen also will make public some …

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New York Prosecutors Get Trump Inauguration Docs

The Wall Street Journal reports: In the weeks before his inauguration, top officials on President Trump’s inaugural committee repeatedly sounded alarms about the budgets submitted by several vendors, according to correspondence, committee records and draft budgets reviewed by The Wall Street Journal. Some of the materials, which haven’t previously been reported, have been shared with federal prosecutors in New York. …

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