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After continuously denying any communication to his father about the Trump business empire, Eric Trump now says he will give the President financial updates on the business every quarter. The President's son, who now runs the Trump Organization with his brother, Donald Jr., told Forbes about his plans to communicate with President Donald Trump about the financial status of the business immediately after denying he would do so. Trump told Forbes he would update the president "on the bottom line,...
Ivanka Trump will have her own office in the West Wing of the White House that comes with a security clearance for classified information, although she will not have an official title, according to a White House official. Trump will still comply with the ethics rules for government appointees though, even if she technically isn’t one, Trump’s attorney Jamie Gorelick told the Associated Press. “Our view is that the conservative approach is for Ivanka to voluntarily comply with ...
Ivanka Trump may have found herself at the center of controversy over Ivanka HQ, her fashion business that she separated from before moving to the nation’s capitol. However, the company’s new president, Abigail Klem, is confident the brand will not only succeed, but also stay above the political fray. "We are really committed to having the brand be separate, even from [Ivanka], so certainly her dad is even more distant from that,” Abigail Klem told Refinery 29 in her first inte...
WASHINGTON -- New documents confirm that President Donald Trump retains a direct tie to his business interests through a revocable trust now being overseen by one of his adult sons and a longtime executive of the Trump Organization. Trump is the sole beneficiary of the Donald J. Trump Revocable Trust, which is tied to his Social Security number as the taxpayer identification number, according to documents published online by the investigative nonprofit ProPublica. And at any time, Trump can rev...
As Donald Trump Jr. tried to step from the shadow of his billionaire father, he forged a long-running business partnership with an energetic dealmaker from Utah who has been dogged by lawsuits, bankruptcies and business failures. Don Jr. and Jeremy Blackburn got to know each other nearly two decades ago while touring the West in a helicopter in search of ranchland that the elder Trump might buy his son as a college graduation gift. In 2009, Don Jr. and Blackburn started a company that they cla...
Though President Donald Trump signed over his business to a trust led by his eldest son, Donald Trump, Jr., and another Trump Organization employee, documents show that Trump still has close ties to his business. The documents filed to a board that oversees liquor licenses in Washington, D.C., were obtained by ProPublica and first reported on by the New York Times. The filing shows that Trump is still the only beneficiary of the trust and that he has the power to revoke the trust.
Remember when conflicts of interest, apparent and actual, mattered? Remember when being the president of the United States was considered an act of patriotic service not a business opportunity? That time in American history has past. Donald Trump is the president and along with hollowing out American norms, institutions, and reality, he is going to make money from being president. He is making money from being president. Mar-a-Lago, which Trump has dubbed the “Winter White House,” doubled it...
A Florida golf course owned by President Donald Trump must pay $5.7million for refusing to refund deposits to 65 members who wanted to resign from the club. District Judge Kenneth Marra ruled that Trump National Golf Club in Jupiter violated contracts 65 members had signed with the previous owner, Ritz-Carlton. The average payment will be about $87,000 if the ruling is upheld. Attorney Brad Edwards, who represented the members, said that when the trial ended last August, 'I never felt more c...
Records show that President Trump is still very closely tied to his family business, according to The New York Times, despite a public statement and press conference addressing the issue days before he took office. During the Manhattan news conference, Trump said he would place his business holdings in a trust in order to curb any fears from the public that he could exploit the presidency for his own personal gain. Trump's eldest son, Donald Jr, and the Trump Organization's chief financial offic...
President Trump promised to keep his businesses out of his presidency. But taxpayers are already footing part of the bill for the Trump Organization's business trips.In January, Eric Trump took a business trip to Uruguay. As the president's son, he gets Secret Service protection.Continue ReadingThe Washington Post found it cost nearly $100,000 to provide the Secret Service with the rooms and support they needed to keep him safe.Eric Trump visited the Trump Tower Punta del Este. The Trumps do...
Republican panties are all in a wad, as usual about social insurance spending, worried there won't be enough money to spend on obsolete weapons systems. Just wait until they get a load of what the Trumps are going to be costing us. There's the small change that Uday (or is he Qsay) Trump costs the nation for a business trip to Uruguay a few weeks ago. Let's reiterate. That was for a Trump Organization promotional trip. Not state business. But hey, that's nothing compared to what we're spending ...
President Donald Trump’s National Golf Club Jupiter has lost a lawsuit against former members demanding refunds. Trump purchased the golf club in November 2012 but was sued for breach of contract by 65 former members. A report by Reuters states that U.S. District Judge Kenneth Marra in West Palm Beach has revealed his findings in the case. The federal judge states that Trump’s golf club must pay a sum of $5.77 million to the former members. Those members had sued to recover deposits made to ...
In a case that has been ongoing for quite a while now, President Donald Trump was recently ordered by a federal judge to repay 65 members of his Trump National Golf Club in Jupiter $5.7 million. Trump bought the club back in 2012 for $5 million with these 65 on a sort of resignation waiting list. The mechanics of resigning from such a club are complex, but the crux of the matter, according to the Associated Press, is that Trump cut off access to the club for these members while they were still ...
While his follower count rises — 23.2 million and growing — his following list is a fraction of the size. So what are the 41 accounts Trump follows? They're his children, a bevy of Fox News hosts, and his own hotels and golf courses. Here are all the accounts Trump follows on Twitter. Melania Trump is Donald Trump's third wife. The pair married in 2005. Vanessa Trump is Donald Trump's daughter-in-law. The former model married Donald Trump Jr. in 2005, and they now have five children. Do...
Donald Trump has an inflated sense of self-worth, quite literally. In his first campaign financial disclosure—filed in the summer of 2015 and memorably accompanied by an all-caps declaration that he was worth “MORE THAN TEN BILLION DOLLARS”—he valued his brand alone at a staggering $3.3 billion. Few, if any, independent experts agreed, but no matter. Since Trump never released his tax returns, and Federal Election Commission disclosures such as the one he filed can be so vague as to be n...
Republican presidential candidate Donald Trump holds up his book after holding a press conference at the Trump National Golf Club Jupiter on March 8, 2016, in Jupiter. From our friends at the Associated Press: A Florida golf course owned by President Donald Trump must immediately repay $5.7 million to 65 former members who had been denied membership refunds after he bought the club in 2012, a federal judge ruled Wednesday. District Judge Kenneth Marra ruled that Trump National Golf Club in Ju...
A golf club owned by Donald Trump has been ordered to pay back $6 million (£4.7m) to members whose deposits were “confiscated” when they tried to resign. Judge Kenneth Marra found that the Jupiter club in Florida had breached the membership contract and ruled in favor of 65 plaintiffs who filed the class-action lawsuit in 2013 - one of thousands of legal actions the new US President and his businesses have faced. The company violated member contracts by retaining member fees and loc...
WEST PALM BEACH, Fla. (AP) — A Florida golf course owned by President Donald Trump must immediately repay $5.7 million to 65 former members who had been denied membership refunds after he bought the club in 2012, a federal judge ruled Wednesday. District Judge Kenneth Marra ruled that Trump National Golf Club in Jupiter violated contracts the members had signed with the previous owner, Ritz-Carlton. The average payment will be about $87,000 if the ruling is upheld. Attorney Brad Edwards, who...
A federal judge in Florida on Wednesday directed a golf club owned by U.S. President Donald Trump to pay $5.77 million to former members who claimed it wrongfully refused to refund their deposits after Trump took over in 2012. U.S. District Judge Kenneth Marra in West Palm Beach said Trump National Golf Club Jupiter must repay $4.849 million plus $925,010 of interest to 65 former members for breach of contract, following a non-jury trial last August. Marra said the club had no right to keep the ...
A federal judge in Florida on Wednesday directed a golf club owned by U.S. President Donald Trump to pay $5.77 million to former members who claimed it wrongfully refused to refund their deposits after Trump took over in 2012. U.S. District Judge Kenneth Marra in West Palm Beach said Trump National Golf Club Jupiter must repay $4.849 million plus $925,010 of interest to 65 former members for breach of contract, following a non-jury trial last August. Marra said the club had no right to keep the ...