How Trump's businesses are booming with lobbyists, donors and governments - News Summed Up

How Trump's businesses are booming with lobbyists, donors and governments


Inside Trump's DC hotel, where allies and lobbyists flock to peddle their interests Read moreDuring his first two full years as president, Trump’s revenues from his far-flung real estate business, which his two eldest sons are running while he is president, totaled at least $886m, according to Trump’s annual financial disclosures. According to his annual financial disclosures, Trump’s top revenue-producing properties have done handsomely by hosting fundraisers, lobbyist meetings and foreign delegations. Robert Maguire, the research director of the nonpartisan ethics watchdog Crew, said the web of influence peddling at Trump’s properties poses “…unprecedented conflicts of interest. Some powerful lobbyists, such as Florida’s Brian Ballard, who is known to have good ties to Trump, have also helped boost business at Trump properties via his clients. Cummings, who leads one of a few House panels that have issued subpoenas or gone to court to obtain financial information on Trump’s income sources and businesses, says more sunlight on Trump’s foreign and domestic revenues is badly needed.


Source: The Guardian July 19, 2019 03:56 UTC



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