All posts tagged "Trump Organization"

Donald Trump Jr. and Eric Trump have quietly raked in billions as the Pentagon has invested in new defense technology, according to a new Washington Post investigation published Monday.

President Donald Trump's sons have made significant investments in military-related startups, "further entangling the United States’ interests and the Trump family’s financial fortunes in an area with immense stakes for national security," The Post reported.

Many of these financial investments have come as Trump returned to the White House....

Florida travelers did not mince words after Palm Beach International Airport was rebranded as the Donald J. Trump International Airport on Thursday.

MS NOW interviewed several people at the Florida airport to get their reactions.

"I think it's patently absurd that we're spending taxpayer money to rename an airport after a criminal that's sitting in the White House," one traveler said. ...

In his latest attack on the press, Donald Trump called out another reporter by name for writing unflattering investigative pieces on the president and his business ventures.

Trump wrote on Truth Social Monday, "Not that it really matters, but a terribly untalented writer for badly failing Forbes Magazine, Dan Alexander, who probably can’t get a meaningful job in the business, has written so inaccurately about me that it is ridiculous."

Alexander's latest article focused on the Trump Organization's "dishonesty" over the size of its properties — an issue that was central to New York Attorney General Letitia James' civil fraud lawsuit against Trump in 2024 that resulted in a $355 million judgment against him, effectively barring him from doing business in the state....

President Donald Trump's most problematic business loan has him "deeply underwater" and scrambling to pay the exorbitant mortgage, with Forbes declaring that how he handles the situation "will reveal a lot about his current financial standing—and how politics is shaping it."

The building in question is 40 Wall Street, and the $115 million mortgage on the skyscraper is due in a mere 46 days, according to senior editor Dan Alexander.

"The president currently pays $2.5 million a year in ground rent, but that expense is set to skyrocket to an estimated $16 million in 2033, potentially wiping out all of his $9 million of operating income," according to the report. "As a result, the asset is now worth about $85 million, according to Forbes estimates, or $30 million less than the remaining balance on the loan....

WASHINGTON — A $400 million plane offered to President Donald Trump by Qatar may be a gaudy symbol of graft, but to some Democrats on Capitol Hill it’s also a distraction.

As Trump settles back into Washington after a week in the Middle East, Democrats are glad presidential ethics, or the lack of them, have finally been spotlighted, nearly five months into Trump’s second term. But many say the intense scrutiny Trump received while he was abroad barely scratched the surface.

“The plane is the second-biggest scandal on this trip,” Sen. Chris Murphy (D-CT) told Raw Story. “The $2 billion crypto investment in Trump stablecoin [by an Emirati firm] is the more offensive grift.” ...

An opinion columnist for The Washington Post asserted that President Donald Trump's "very big announcement" on a trade deal with Britain — which turned out to be "just the outline of a deal" — proved once again that he's really only concerned about his own business interests.

Instead of giving any real updates about when Americans could expect lower prices at the store, columnist David Milbank wrote, Trump used the announcement to talk about his golf courses in the U.K.

"We have good investments over there, beautiful,” Trump said....