INVESTIGATIONS/TRUMP BUSINESS: “Former President Donald Trump provided ‘misleading information about the financial situation’ of his hotel in Washington while he was in office, according to the House Oversight and Reform Committee.

The committee, which recently obtained documents from the General Services Administration, found that Trump reported his hotel in downtown D.C. brought in $150 million in income while he served in the White House, but the hotel actually incurred more than $70 million in losses…

The committee also said the newly obtained documents show that from 2017 through 2020, the Trump International Hotel in D.C. received about $3.7 million in payments from foreign governments, which it said raises ‘concerns about possible violations of the Constitution’s Foreign Emoluments Clause.’”

-Rebecca Shabad, “Trump misled about D.C. hotel finances, House panel says,” nbcnews.com, October 8, 2021