Categories for A- Trump Business

31,044. 11/26/2019

TRUMP AS PRESIDENT/TRUMP BUSINESS/TRUMP PEOPLE: “Tom Barrack, the C.E.O. of Colony Capital and the chairman of President Trump’s inaugural committee, is being pressed by an activist investor to resign, DealBook has exclusively learned. The activist investor, Blackwells Capital, sent a letter to Colony saying: • ‘With Mr. Barrack’s track record and personal issues, no reasonable, fiduciarily-aware public company Board of Directors would select Mr. Barrack as C.E.O. of Colony or any other public company today.’ • ‘Mr. Barrack is undoubtedly distracted by at least two Congressional investigations and at least one reported criminal investigation into his political and personal activities, including as Chairman of the Inaugural Committee for President Trump and as a man who sought a special role within the Trump administration.’ Blackwells claims that Mr. Barrack ‘destroyed more than $775 million in just nine months.’ So the investment firm, which is run by Jason Aintabi, is seeking to oust him, replace two board members, and press Colony to sell assets and repurchase shares.”

NYT Staff, “An Activist Investor Tries to Oust a Trump Confidant,” The New York Times online, November 26, 2019

29,899. 10/25/2019

ETHICS/MILITARY/SCOTLAND/TRUMP BUSINESS: “The Air Force has concluded scores of overnight stays at President Donald Trump’s seaside resort in Scotland did not violate any rules but did raise questions about the ‘public perception’ of funneling taxpayer funds to a property owned by the commander in chief. The review, overseen by the Air Mobility Command, recommended aircrew commanders receive additional training to help them decide where to house personnel on overseas missions that include stopovers at civilian airfields such as Glasgow Prestwick Airport, about 40 minutes from Trump’s golf resort. That includes asking ‘are there any obvious concerns to be considered about public perception of where the crew is lodging?’ according to the review, ordered by the Air Force secretary and chief of staff after POLITICO first reported in August that Air Force crews are regularly staying at the plush resort.”

Bryan Bender, “Air Force: Trump resort stays broke no rules but raise ‘public perception’ dilemma,” Politico, October 25, 2019 5:12 pm

29,881. 10/25/2019

ETHICS/TRUMP BUSINESS/TRUMP FAMILY: “The Trump Organization is considering selling its luxury hotel in Washington, D.C., after years of scrutiny of alleged conflicts of interest and breaches of the Constitution since Donald Trump ascended to the White House…The Trump International Hotel Washington, which occupies a 120-year-old Romanesque structure formerly known as the Old Post Office Building, is one block from the National Mall and has served as an opulent rendezvous point for Republican politicos, administration officials and other allies of the White House. But the hotel’s influential guests and the president’s refusal to divest himself from his business properties has opened Trump up to accusations that he has broken federal law through his business — including violating the Constitution’s emoluments, or anticorruption, clauses.”

Quint Forgey, “Trump Organization considers selling Washington hotel,” Politico, October 25, 2019 3:07 pm

29,838. 10/24/2019

NEW JERSEY/TRUMP BUSINESS: “New Jersey officials are moving to revoke the liquor license at one of President Trump’s golf clubs, which they say continued to serve a man who was already intoxicated and got into a fatal car crash shortly after leaving the club in 2015. If successful, the move, first reported by The Washington Post, would be a financially damaging blow to the club, in Colts Neck, depriving it of the ability to meet the needs of thirsty golfers coming off the course and wedding parties eager to celebrate into the night. The potential punishment is described in an Oct. 21 letter sent to the golf club by the office of the New Jersey attorney general, Gurbir Grewal, who was appointed to the position last year by Gov. Philip D. Murphy, a Democrat. The letter gives the golf club 30 days to contest the move. If the license is ultimately revoked by the state, the decision could be challenged in court or the club could seek to have it reinstated in two years.”

Ed Shanahan, “Trump Golf Club May Lose Liquor License Over Fatal Car Crash,” The New York Times online, October 24, 2019

29,756. 10/21/2019

CORRUPTION/G7/MEDIA/TRUMP AS PRESIDENT/TRUMP BUSINESS: “Doral in Miami would have been the best place to hold the G-7, and free, but too much heat from the Do Nothing Radical Left Democrats & their Partner, the Fake News Media! I’m surprised that they allow me to give up my $400,000 Plus Presidential Salary! We’ll find someplace else!”

Donald Trump, Twitter.com, October 21, 2019 8:17 pm

29,726. 10/21/2019

CORRUPTION/G7/TRUMP AS PRESIDENT/TRUMP BUSINESS: “President Trump may have reversed his decision to host world leaders at one of his own properties during next year’s Group of 7 summit at the urging of his fellow Republicans, but he hasn’t finished defending his right to do it in the first place. Mr. Trump on Monday [10-21-19] dismissed what he called the ‘phony emoluments clause’ of the Constitution that prohibits a president from illegally profiting from his business while in office and was cited by critics of his choice of Trump National Doral Miami for the summit. He also accused President Barack Obama of trying to profit off the presidency…Mr. Trump said Democrats had gone ‘crazy’ over the prospect of hosting an international summit at a Trump property, when in fact it was private criticism from Republicans that ultimately forced his rare reversal.”

Annie Karni, “Trump Dismisses ‘Phony Emoluments Clause,’ Defending Doral,” The New York Times online, October 21, 2019

29,709. 10/20/2019

DEMS/G7/MEDIA/TRUMP AS PRESIDENT/TRUMP BUSINESS: “So interesting that, when I announced Trump National Doral in Miami would be used for the hosting of the G-7, and then rescinded due to Do Nothing Democrat/Fake News Anger, very few in Media mentioned that NO PROFITS would be taken, or would be given FREE, if legally permissible!” 

Donald Trump, Twitter.com, October 20, 2019 5:41 pm

29,690. 10/19/2019

DEMS/G7/TRUMP AS PRESIDENT/TRUMP BUSINESS: “…..its own 50 to 70 unit building. Would set up better than other alternatives. I announced that I would be willing to do it at NO PROFIT or, if legally permissible, at ZERO COST to the USA. But, as usual, the Hostile Media & their Democrat Partners went CRAZY!”

Donald Trump, Twitter.com, October 19, 2019 8:18 pm

29,689. 10/19/2019

DEMS/G7/TRUMP AS PRESIDENT/TRUMP BUSINESS: “I thought I was doing something very good for our Country by using Trump National Doral, in Miami, for hosting the G-7 Leaders. It is big, grand, on hundreds of acres, next to MIAMI INTERNATIONAL AIRPORT, has tremendous ballrooms & meeting rooms, and each delegation would have…”

Donald Trump, Twitter.com, October 19, 2019 8:18 pm

29,687. 10/19/2019

CORRUPTION/G7/TRUMP AS PRESIDENT/TRUMP BUSINESS: “U.S. President Donald Trump abandoned plans late on Saturday [10-19-19] to host next year’s Group of Seven summit at his Florida golf resort, after Democrats and others had decried the selection as evidence of the president misusing his office for personal gain. In a series of tweets, Trump said he would drop the plan announced Thursday [10-17-19] by White House acting chief of staff Mick Mulvaney to host the meeting at Trump National Doral golf resort near Miami from June 10 to 12. Trump cited what he termed ‘Crazed and Irrational Hostility’ from Democrats and the news media in explaining the reversal. ‘We will begin the search for another site, including the possibility of Camp David, immediately,’ he wrote. The Republican president faces criticism and a number of congressional investigations over his finances and potential conflicts of interest stemming from his real estate business, which he still owns, and an impeachment inquiry into accusations that he pursued political interests in his dealings with Ukraine.”

David Shepardson, “Trump abandons plan to host 2020 G7 meeting at his Florida golf resort,” Reuters, October 19, 2019 7:20 pm

29,624. 10/18/2019

DEMS/HOUSE OF REPS/INVESTIGATIONS/TRUMP BUSINESS: “Rep. Peter DeFazio (D-Ore.), chairman of the House committee that oversees federal buildings, threatened today to subpoena the General Services Administration if the agency does not hand over documents related to the Trump Hotel by next week. DeFazio’s committee, the House Transportation Committee, has been investigating the federal government’s lease of the Old Post Office Building for the Trump International Hotel. In a letter to GSA, DeFazio and Rep. Dina Titus (D-Nev.), who chairs the subcommittee with jurisdiction, say the agency has failed to provide certain financial documents and made false claims of attorney client and deliberative process privileges for legal records…DeFazio has argued that because the lease prohibits elected officials from benefiting, and President Donald Trump has not separated himself from his investments, he has breached the lease’s terms and may be violating the emoluments clauses of the Constitution.”

Sam Mintz, “DeFazio threatens to subpoena GSA for Trump Hotel documents,” Politico, October 18, 2019 12:25 pm

29,592. 10/17/2019

CONGRESS/CORRUPTION/G7/INVESTIGATIONS/TRUMP AS PRESIDENT/TRUMP BUSINESS: “Openly rebuffing congressional investigators and dismissing political optics, President Donald Trump will hold the G-7 summit of world leaders at one of his family’s resorts in the middle of an election year — shrugging off a House impeachment inquiry into whether he is illegally making money off the presidency. Trump’s decision to inject millions of dollars into his financially struggling Trump National Doral Miami resort puts him at risk of violating the Constitution and adding momentum to the congressional investigation just as he embarks on his reelection campaign…Trump expected the immediate criticism by lawmakers and ethics experts who were in near disbelief that he would blatantly disregard their previous warnings not to hold the summit at his resort. But unlike a typical politician who cares about appearances and optics, he not only didn’t mind, he welcomed the firestorm.”

Anita Kumar and Quint Forgey, “Shrugging off allegations of self-dealing, Trump picks his Doral resort for G-7 summit,” Politico, October 17, 2019 4:28 pm

29,582. 10/17/2019

CORRUPTION/DEMS/ETHICS/G7/TRUMP AS PRESIDENT/TRUMP BUSINESS: “U.S. President Donald Trump will host next year’s Group of Seven economic summit of leaders of developed nations at his Florida golf resort, a move Democrats and others decried as more evidence of the president misusing his office for personal gain. White House acting chief of staff Mick Mulvaney on Thursday [10-17-19] told a news conference that the G7 summit would take place at Trump National Doral golf resort near Miami from June 10 to 12, after the administration chose it from about a dozen potential sites. The Republican president faces criticism and a number of congressional investigations over his finances and potential conflicts of interest stemming from his real estate business, which he still owns. He also faces an impeachment inquiry into accusations that he pursued political interests in his dealings with Ukraine.”

Reuters Staff, “Trump to host G7 summit at his Florida golf resort, sparking criticism,” Reuters, October 17, 2019 9:50 am

29,405. 10/11/2019

ETHICS/GOLF/SCOTLAND/TRUMP AS PRESIDENT/TRUMP BUSINESS/TRUMP FAMILY: “Last month, the Trump family business received approval from a local government in Scotland for a major expansion of its golf resort near Aberdeen, marking the largest real estate development financed by the Trump Organization since the 2016 election. In August, President Trump’s eldest son, Donald Jr., flew to Jakarta to help kick-start sales at a pair of Trump-branded luxury resorts planned for Indonesia. He appeared at a private event with wealthy prospective buyers and joined his politically connected billionaire Indonesian business partner at a news conference. And last year, Donald Jr. visited India to sell condos at future Trump-branded towers, appearing at an event that also featured India’s prime minister. But for the children of the politically powerful, personal business and public dealings can often be indistinguishable, especially when private projects depend on foreign governments that are looking to bolster ties with Washington.”

Eric Lipton, Steve Eder and Ben Protess, “Those Foreign Business Ties? The Trump Sons Have Plenty Too,” The New York Times online, October 11, 2019

28,757. 9/26/2019

SCOTLAND/TRUMP BUSINESS: “Despite opposition from many local residents, the Trump Organization on Thursday [9-26-19] received approval in Scotland for what will be the largest new company-financed real estate development project since President Trump was elected: a major expansion of its golf resort near the northeast port city of Aberdeen. The plans call for the construction of 500 homes, 50 hotel cottages, and sports and retail complexes next to the Trump family’s Aberdeen golf club, which has struggled financially since the company purchased the property more than a decade ago. A second 18-hole golf course is also planned on the 1,500-acre site, north of Aberdeen. The first phase of this project is more modest: about 80 homes and five hotel lodges, documents show. But unlike most of the recent Trump projects, this is not simply a matter of selling the Trump name or hotel management services. The Trump Organization would be the real estate developer on the project, which could cost an estimated $180 million if it is entirely built out as approved this week.”

Eric Lipton, “Trump Organization Receives Approval to Expand Golf Resort in Scotland,” The New York Times online, September 26, 2019

28,551. 9/19/2019

DEMS/TRUMP BUSINESS: “RT @Jim_Jordan: Oversight hearing on DC statehood. Dems’ planned map would carve out Trump Hotel. Is it because they want the tax revenue?…”

Donald Trump, Twitter.com, September 19, 2019 9:14 pm

28,523. 9/18/2019

HOUSE OF REPS/MILITARY/SPENDING/TRUMP BUSINESS: “Since Donald Trump took office, the U.S. military has spent nearly $200,000 at the president’s luxury Scotland resort, according to figures and documents the Pentagon provided to the House Oversight Committee. The spending, which has all occurred since August 2017, paid for the equivalent of hundreds of nights of rooms at the Turnberry resort over approximately three dozen separate stays, the committee said. The Air Force confirmed last week that its crews had stayed up to 40 times at Trump’s property since 2015, but it has not provided a breakdown of the number of stays since Trump was elected. The figures provided to the House Oversight Committee suggest the vast majority of stays have occurred since Trump took office, raising concerns among Democrats about a conflict of interest. POLITICO first reported earlier this month that the Oversight Committee had been probing military spending at Turnberry since April to determine whether the money constituted a violation of the Constitution’s domestic emoluments clause, which prohibits the president from receiving any compensation from the federal government other than his salary.”

Natasha Bertrand and Bryan Bender, “Military has spent nearly $200,000 at Trump’s Scottish resort since 2017,” Politico, September 18, 2019 3:03 pm

28,470. 9/17/2019

MILITARY/SCOTLAND/TRUMP BUSINESS: “Air Force officers who have earned medals for their tours of duty can pick up some more brass with a short pit stop in Southwest Scotland. As part of its relationship with the Air Force, the Trump Turnberry resort occasionally gifts high-ranking officers a version of its ‘Pride Pin,’ a lapel pin featuring the property’s iconic lighthouse — an honor reserved for VIPs — upon their arrival, according to a resort staffer familiar with the practice. Rank-and-file members can expect a more basic welcome package in their rooms, featuring goodies like Scottish shortbread. A five-day visit to Turnberry and the surrounding region revealed that the regular visits from Air Force crews on layovers from Prestwick Airport have become a major facet of the life of the resort. It also revealed that, rather than being restricted to single-night refueling stops, some visits last multiple nights, expanding the known dimensions of the relationship between the president’s luxury resort and the U.S. military.”

Ben Schreckinger, “Air Force crews stayed at Trump’s Turnberry resort for days at a time,” Politico, September 17, 2019 5:00 am

28,374. 9/13/2019

EMOLUMENTS/LAWSUIT/NEW YORK/TRUMP BUSINESS: “A federal appeals court in New York on Friday [9-13-19] revived a lawsuit alleging that President Trump is illegally profiting from his hotels and restaurants in New York and Washington in violation of the Constitution’s anti-corruption, or emoluments, clauses. In a two-to-one decision, a panel of judges for the United States Court of Appeals for the Second Circuit found that a lower court had wrongly dismissed the lawsuit accusing Mr. Trump of violating the Constitution’s bans on accepting financial benefits from foreign or state governments. The appeals court judge sent the lawsuit back to the lower court, ordering it be allowed to proceed. The decision comes nearly two years after the lower court judge dismissed the lawsuit. The case is one of three that have been ping-ponging back and forth between district and appeals courts as judges struggle with the novel legal questions raised by Mr. Trump’s decision not to divorce himself from his business empire while in office.”

Sharon LaFraniere, “U.S. Appeals Court Reinstates Emoluments Case Against Trump,” The New York Times online, September 13, 2019

28,370. 9/12/2019

TRUMP BUSINESS: “RT @Trump: Proud to announce that @TrumpNewYork has just been named the #1 ‘Best Hotel in the World!’ Congratulations to our remarkable tea…”

Donald Trump, Twitter.com, September 12, 2019 10:36 pm

28,365. 9/12/2019

DEMS/INVESTIGATIONS/MILITARY/SCOTLAND/TRUMP BUSINESS: “The U.S. Air Force has lodged crews at President Donald Trump’s Scotland resort up to 40 times since 2015, a figure that is far higher than previously known. The tally represents the preliminary results of an Air Force review launched after POLITICO reported last week that an Air National Guard crew stayed at Turnberry in March. Congressional Democrats have also been investigating military stays at the property, but have yet to receive any information from the Pentagon. The figure does not indicate how many of the stays have occurred since Trump became president. But the Air Force has significantly ramped up its overnight stops in Scotland under Trump after signing a contract with the Prestwick Airport — situated 20-plus miles from Turnberry — in the waning months of the Obama administration. Since 2015, the service has lodged crews in the area 659 times, meaning up to 6 percent of those stays were at Turnberry.”

Bryan Bender and Natasha Bertrand, “Air Force says it sent crews to Trump’s Scottish resort up to 40 times,” Politico, September 12, 2019 8:26 pm

28,291. 9/10/2019

MILITARY/SCOTLAND/TRUMP AS PRESIDENT/TRUMP BUSINESS/TRUMP PEOPLE: “House Minority Leader Kevin McCarthy on Tuesday [9-10-19] defended military expenditures at President Donald Trump’s properties, arguing that hotels owned by the president are “just like any other hotel’…McCarthy’s defense comes as the Air Force has launched a global review of its layover policy following a POLITICO report that crews have made multiple stays at Trump’s luxury seaside Turnberry golf resort in Scotland, an unusual stop for crews heading to and from the Middle East. On Friday [9-6-19], POLITICO revealed that the House Oversight Committee began looking into the peculiar uptick in fueling stops at a small commercial airport servicing the hotel this April after an Air Force crew stayed overnight at Trump’s resort weeks earlier.”

Caitlin Oprysko, “McCarthy defends military stopovers at Trump’s Scottish resort: ‘It’s just like any other hotel’,” Politico, September 10, 2019 12:48 pm

28,250. 9/9/2019

IRELAND/MIKE PENCE/TRUMP BUSINESS: “I had nothing to do with the decision of our great @VP Mike Pence to stay overnight at one of the Trump owned resorts in Doonbeg, Ireland. Mike’s family has lived in Doonbeg for many years, and he thought that during his very busy European visit, he would stop and see his family!”

Donald Trump, Twitter.com, September 9, 2019 8:52 am

28,249. 9/9/2019

MILITARY/SCOTLAND/TRUMP BUSINESS: “I know nothing about an Air Force plane landing at an airport (which I do not own and have nothing to do with) near Turnberry Resort (which I do own) in Scotland, and filling up with fuel, with the crew staying overnight at Turnberry (they have good taste!). NOTHING TO DO WITH ME”

Donald Trump, Twitter.com, September 9, 2019 8:43 am

28,241. 9/9/2019

MILITARY/SCOTLAND/TRUMP BUSINESS: “Back in 2014, soon after acquiring a golf resort in Scotland, Donald J. Trump entered a partnership with a struggling local airport there to increase air traffic and boost tourism in the region. The next year, as Mr. Trump began running for president, the Pentagon decided to ramp up its use of that same airport to refuel Air Force flights and gave the local airport authority the job of helping to find accommodations for flight crews who had to remain overnight. Those two separate arrangements have now intersected in ways that provide the latest evidence of how Mr. Trump’s continued ownership of his business produces regular ethical questions. On Monday [9-9-19], President Trump sought to tamp down a growing controversy over a stay at the resort by United States military personnel who were traveling through the airport in Scotland in March. First on Twitter and later speaking to reporters at the White House, he said he was not involved in any decision to put an Air Force flight crew at the resort, known as Trump Turnberry.”

Eric Lipton, “Trump Had Deal With Scotland Airport That Sent Flight Crews to His Resort,” The New York Times online, September 9, 2019