Less than a week after President Trump reversed course on his plan to host next year's G-7 at his Trump National Doral Miami in Florida, reports surfaced that his company plans to sell its DC Hotel
Washington President Donald Trump's business is back in the spotlight. Less than a week after the President reversed course on his plan to host next year's G-7 at his Trump National Doral Miami in Florida, reports surfaced that his company plans to sell its DC Hotel, which has been the subject of several lawsuits alleging the President is profiting from it in violation of the Constitution.
Trump's defense is that he says he's put his business"stuff" in a trust and that his family runs it. As of 2018, the President held more than $130 million in foreign assets in this trust, according to an analysis compiled by Open Secrets.As a trustee, Trump's eldest son Donald Trump Jr., who is also executive vice president of The Trump Organization, is responsible for looking after the beneficiary and the business's bottom line.
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