Visitors Now:
Total Visits:
Total Stories:
Profile image
By RedState (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Trump set to breach his D.C. lease with the Federal Government

Tuesday, November 29, 2016 10:17
% of readers think this story is Fact. Add your two cents.

(Before It's News)

Donald Trump won’t be inaugurated for another 7 weeks, but we already see a scandal brewing in his administration.

It sounds perfectly boring, but it involves contractual obligations with the General Services Administration (GSA) surrounding, unsurprisingly, a land deal in Washington, D.C. And Donald Trump shows no signs of preventing a disaster for himself.

The Trump Organization has leased the old D.C. Post Office Pavilion from the government. This is a deal made before Trump was even running for President, which allowed the Trump organization to renovate the building, and launch it as the Trump International Hotel. The hotel sits just a few blocks from the White House.

Even though he plans to let his children run the Trump Organization while he is President, Donald Trump has announced no plans to sell off his ownership of the organization. That’s important, because that means he will continue to profit from the organization’s business dealings, including those of the Hotel.

That Trump will profit from the Hotel next year matters because of the terms of his lease, according to Steven Schooner and Daniel Gordon at Trump set to breach his D.C. lease with the Federal Government appeared first on RedState.

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.