We’re committed to keeping our readers informed. We’ve removed our paywall from essential coronavirus news stories. Become a subscriber to support our journalists. Subscribe now.
With the coronavirus shutdown devastating the hospitality industry, the Trump Organization, with its resorts and hotels closed or woefully under-occupied, turned first to its usual lender. According to the New York Times, in early April, the president’s business asked Deutsche Bank’s private banking division if they’d be willing to delay payments on the hundreds of millions in outstanding loans that Trump has borrowed. (Unfortunately for the president, lawmakers forbid elected officials and Cabinet-level heads from receiving assistance from any federal bailouts passed by Congress.)
Now, the Trump Organization is requesting that the Trump administration help out. The New York Times confirmed on Tuesday that the president’s business has asked the government to change its lease payments at the Trump International Hotel, less than a mile southeast of the White House. While the Trump Organization owns the 263-room hotel, it is located in a federally owned building leased by the government to Trump in 2013 for a 60-year deal. While co-president Eric Trump confirmed that they were up to date on the rent, the family business has asked about delaying future rent payments, which the federal government has confirmed as close to $268,000. Eric Trump said that he requested that the General Services Administration, the agency that oversees federal leases, extend any sort of deal it may be providing to other tenants. “Just treat us the same,” Eric Trump said in a statement on Tuesday. “Whatever that may be is fine.”
Like with the Trump Organization’s request to Deutsche Bank, the ask for rent forgiveness from the GSA carries ethical concerns for a president who has not divested from his business interests. If the agency denies the appeal, it may irk the president, who is responsible for appointing its director. Trump, of course, is well-known for rooting out perceived dissent within the federal government.
It’s not the first time that the Trump administration has reached out to a landlord about rent payments. Earlier this month, the business contacted its landlord in Palm Beach County, Florida, to see if it could skip its five-figure rent payments for the Trump International Golf Club. Despite the repeated attempts to seek rent forgiveness, the White House has not proposed such a lenient emergency policy for the over 36 percent of Americans who rent their homes.
Get link
Facebook
Twitter
Pinterest
Email
Other Apps
Comments
Popular posts from this blog
I agree, especially, with the illegitimate, thieving, human trafficking, horrifically evil, organized criminal, in the White House at this time! # Fact Sincerely, Shawnee Melissa Gira Grant / June 25, 2020 The Justice Department’s Fake Fight Against Sex Trafficking Newspapers love a good “Feds take down sex trafficking” story, even if there are no sex traffickers actually taken down. EVA MARIE UZCATEGUI/AFP/GETTY IMAGES When the U.S. Attorney’s Office for the Northern District of Texas announced it had seized another advertising website used by sex workers, QAnon followers loaded its Twitter feed down with patriotic congratulations and a predictable helping of conspiracy theories. (As one read: “Has anyone else been noticing all of the Human traffickers and Pedos getting busted in the last couple of weeks, while the news is showing us footage people throwing bricks thru windows and burning cop cars?”) It’s a refrain t
Jeffrey Epstein's accusers can now seek compensation from fund | | cbs46.com Finally!!! Jeffrey Epstein's accusers can now seek compensation from fund By Madeline Holcombe and Lauren del Valle, CNN Posted 16 hrs ago 0 Jeffrey Epstein's accusers can now seek compensation from fund. Johannes Eisele/AFP/Getty Images Facebook Twitter Email Print Save (CNN) - Alleged victims of Jeffrey Epstein , many of whom were underage girls at the time, may now file claims to be compensated for enduring his abuse. After months of negotiating between counsel for the executors of Epstein's estate and the alleged victims, a probate judge in the US Virgin Islands gave the compensation program the green light in early June. Claims can be filed starting Thursday. Epstein allegedly transported underage girls to his homes in the US Virgin Islands and forced them into sex work from 2001 through 2018, according to a lawsuit filed by the
Can the Government Throw You Out of Work? (Not in Some States!) May 22, 2020 InstituteForJustice With more Americans out of work than any time in recorded history, whether or not they will be able to earn a living is top of mind for many people. All too often, however, courts turn a blind eye to laws and rules that arbitrarily and unnecessarily shut people out of work. Recent state supreme court decisions indicate that’s starting to change—and the revolution can’t come fast enough. We discuss what’s happening—and why it matters—in today’s episode. https://ij.org/podcasts/deep-dive-pod... Hear about the cases, issues, and tactics advancing IJ’s fight from freedom—directly from the people on the front lines. Deep Dive with the Institute for Justice explores the legal theories, strategies, and methods IJ uses to bring about real world change, giving listeners and inside look at how—and why—we do what we do. iTunes: https://podcasts.apple.com/us/podcast... Spotify
Comments
Post a Comment