Trump Hotel lost more than $70M during presidency, say documents
The Trump International Hotel in Washington, D.C., lost tens of millions of dollars in the four years that Donald Trump was president, even as he was claiming big profits on the operation, according to documents unveiled Friday by Democrats on the House Oversight Committee.
The lavish hotel, which sits just blocks from the White House, has been a lightning rod of controversy since Trump won the presidency in 2016, not least because it played host to numerous foreign dignitaries, business leaders and other powerful figures with vested interests in U.S. foreign policy and domestic regulation. |