Trump Organization

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NYT: How Trump Made Millions by Being Our President

The New York Times takes another deep dive into Trump's finances

(Newser) - Donald Trump promised to "drain the swamp" when he ran in 2016—but Mar-a-Lago and other Trump properties have become their own swamp of lobbyists, business moguls, religious groups, and foreign politicians seeking his favor as they spend millions of dollars that he turns into profits, the New York ... More »

Eric Trump Gives Deposition

President's son had tried to postpone until after the election

(Newser) - After trying to delay his appearance until after the presidential election, Eric Trump gave a deposition Monday in a civil investigation into the Trump Organization. The interview was conducted on video, but the president's son was under oath. Neither side would discuss what was said. New York Attorney General... More »

Eric Trump to Be Deposed Within 2 Weeks

He'll give testimony on Trump Organization business practices

(Newser) - President Trump's son Eric has until Oct. 7 to speak to New York investigators probing his family's business practices, a judge ruled Wednesday, rejecting his lawyers' contention that his "extreme travel schedule" on the campaign trail warranted a delay until after the November election. State Judge Arthur... More »

NY AG Says Trumps Aren't Cooperating With Probe

She asks court to enforce subpoeans

(Newser) - New York’s Democratic attorney general asked a court Monday to enforce subpoenas issued as part of her investigation into whether President Trump or his businesses lied about the value of a sprawling suburban estate and other assets in order to get loans or tax benefits. Attorney General Letitia James... More »

Mar-a-Lago Starts to Reopen, but Bring Your Own Towel

Main building will stay closed, but pool will be available this weekend

(Newser) - President Trump's Mar-a-Lago club will partially reopen to members this weekend as South Florida slowly reopens from the coronavirus lockdown. An email sent Thursday to members says the Palm Beach resort's Beach Club restaurant, its pool and its whirlpool will reopen Saturday after being closed two months, but... More »

Trump's Name Scrubbed From NYC Ice Rinks

Wollman Rink, Lasker Rink have been run by his organization since 1980s

(Newser) - For years, skaters at a pair of ice rinks in Manhattan's Central Park have been surrounded by the Trump name. Now, no longer. The official names of the New York rinks are Wollman Rink and Lasker Rink, but Donald Trump started running them in the 1980s, at which point... More »

Trump: Being President Is Costing Me a Fortune

He says 'this thing' has cost him up to $5B

(Newser) - President Trump spoke at a massive Shell petrochemical plant under construction in Pennsylvania on Tuesday—but he spent a lot more time talking about personal grievances than energy policy. "This thing is costing me a fortune, being president," Trump said, complaining about the cost of lawyers and rejecting... More »

1 Dead, 2 Injured in Shooting Near Trump Resort

Man across street was killed by stray bullet

(Newser) - Police are investigating a shooting near one of President Trump's resorts in Florida that left one person dead and two others injured. Miami Dade Police spokesman Alvaro Zabaleta says that a call came in at 1:41pm on Sunday stating that shots were fired at the Trump International Beach... More »

Trump Sues Banks to Keep Records Private

President, family say House Democrats are abusing their power

(Newser) - President Trump's fight to keep his business records private is increasingly moving to the courts. On Monday, the president and his three oldest children sued two banks—Deutsche Bank and Capital One—to prevent them from turning over details of the Trump Organization to House Democrats, reports USA Today ... More »

New Investigation Follows Cohen's Insurance Claims

NY regulators subpoena Trump Organization's insurance broker

(Newser) - Add one more to the list of investigations linked to President Trump: A week after Michael Cohen told the House Oversight Committee that his former client had inflated the value of assets to insurance companies comes news that the New York State Department of Financial Services is investigating the Trump... More »

Cohen Reveals More About Trump's Family Business

Former Trump lawyer and fixer sits down with federal prosecutors

(Newser) - Michael Cohen's recent meetings with federal prosecutors suggest they're expanding an investigation into the Trump Organization, the New York Times reports. Insiders say that in meetings last month, Cohen talked about the company's insurance claims and was asked about Imaad Zuberi, a political fundraiser and venture capitalist... More »

Undocumented Trump Worker Will Be at His SOTU

Victorina Morales will attend as special guest of NJ Rep. Bonnie Watson Coleman

(Newser) - Victorina Morales figured she'd be fired after speaking to the New York Times last month about working as an undocumented immigrant for one of President Trump's golf resorts. Morales now tells the Times she's not sure she ever was let go; she simply stopped going to work... More »

Trump Defends 'Simple Private Transaction'

Refers to payments to women, as prosecutors focus on his family business

(Newser) - Michael Cohen will be sentenced Wednesday, largely bringing an end to his personal involvement in the Robert Mueller investigation. But as the New York Times reports, the cooperation he provided will likely continue to mean trouble for the president's family business, the Trump Organization. For example, the newspaper says... More »

Report: Putin Was Almost Given $50M Trump Tower Penthouse

Business associate thought it would lure oligarchs

(Newser) - While Donald Trump was still a presidential candidate, his company was considering giving Vladimir Putin a huge and very symbolic gift, reports BuzzFeed , which cites multiple sources—including the business associate who came up with the plan. Longtime Trump Organization business associate Felix Sater says the plan was to give... More »

Lawsuit: Trump Family Scammed Vulnerable Investors

They're accused of peddling dodgy investment schemes

(Newser) - President Trump, his three eldest children, and the Trump Organization defrauded thousands of consumers by persuading them to invest in phony get-rich-quick schemes, according to a new lawsuit. The lawsuit, filed in federal court Monday, accuses Trump and children Donald Jr., Eric, and Ivanka of failing to disclose that they... More »

Another Longtime Trump Ally Is Granted Immunity

Allen Weisselberg is chief financial officer of the Trump Organization

(Newser) - First Michael Cohen, then David Pecker , and now Allen Weisselberg. Another longtime ally of President Trump has been granted immunity by prosecutors in exchange for testimony. The 70-year-old Weisselberg is no mere acquaintance: He has served for decades as chief financial officer and executive VP of the Trump Organization, reports... More »

Report: Cohen Subpoenaed in Trump Foundation Case

He's also suspected of violating NY tax law

(Newser) - New York's attorney general is looking to open a criminal investigation into whether Michael Cohen violated state tax law, a person familiar with the matter tells the AP . Attorney General Barbara Underwood has requested a criminal referral from the state tax department to investigate and potentially file charges against... More »

Cohen Wasn't the Only One Handling Hush Money

Trump execs could be in hot water

(Newser) - President Trump is highly unlikely to be indicted under current Justice Department policy—but he's not the only one facing potential repercussions from Michael Cohen's guilty plea to charges violating campaign finance laws. Court documents show that when Cohen was reimbursed by the Trump Organization for hush money... More »

Illinois AG Sues, Says Trump Tower Ignores Clean Water Laws

Cooling with Chicago River waters requires permit, environmental impact report: suit

(Newser) - Illinois' attorney general has announced a lawsuit accusing Trump Tower in Chicago of violating federal environmental laws through its use of the Chicago River in a move the Trump Organization claims is "motivated by politics." Per NBC News and the AP , the 92-story residential building and hotel pulls... More »

Ruling Could Force Trump to Give Up Financial Records

Judge lets emoluments lawsuit against him move forward

(Newser) - Justice Department lawyers' latest bid to get an emoluments suit against the president tossed has been unsuccessful. US District Judge Peter Messitte on Wednesday denied the motion, which the Washington Post describes as apparently "the first time a federal judge had interpreted [the Constitution's emoluments clauses] and applied... More »

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