The Trump Administration Clears Trump’s Washington Hotel - News Summed Up

The Trump Administration Clears Trump’s Washington Hotel


Mr. Terry argues that as long as Mr. Trump’s profits are reinvested in the hotel, rather than deposited in his bank account, there is no violation. But by reinvesting the profits, Mr. Trump is increasing the value of the hotel and its ability to earn more money in the future. The president’s son Eric recently told Forbes that he would be giving Mr. Trump regular updates. In addition, the Cork Wine Bar in Washington had sued Mr. Trump. The bar’s owners argue that they have lost business because Mr. Trump’s hotel possesses a fundamentally illegal advantage.


Source: New York Times March 25, 2017 00:00 UTC



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