Trump cancels Davos trip over shutdown

President TrumpDonald John TrumpDem lawmaker says Electoral College was 'conceived' as way to perpetuate slavery Stanley Cup champion Washington Capitals to visit White House on Monday Transportation Dept requests formal audit of Boeing 737 Max certification MORE on Thursday canceled his planned trip to the World Economic Forum in Davos, Switzerland, citing the prolonged government shutdown.

“Because of the Democrats intransigence on Border Security and the great importance of Safety for our Nation, I am respectfully cancelling my very important trip to Davos, Switzerland for the World Economic Forum,” he tweeted.

The president also offered his “warmest regards and apologies” to the organizers of the gathering of world leaders and global elites.

The announcement came on the shutdown's 20th day, with no end in sight to the funding impasse. Trump stormed out of a meeting with top Democrats on Wednesday, calling it a “waste of time” because they denied his request for border wall money.

The Davos conference is set to begin on Jan. 22 and conclude three days later.

White House officials for days have weighed scrapping the trip. Presidential travel abroad is logistically daunting under normal circumstances and even more so without several key aides to do advance and planning work because they were furloughed due to the shutdown.

Trump’s team was also wary of the optics of the president hobnobbing with billionaires and financiers while hundreds of thousands of federal workers back home go without pay.

The president referred to those discussions earlier Thursday while speaking to reporters before leaving the White House for a trip to the U.S.-Mexico border.

“Well, I intended to go and speak in front of the world financial community in Davos. That's still on. But if the shutdown continues — which is in a while from now — but if the shutdown continues, I won't go,” he said.

The president was set to travel with a large entourage to the annual gathering, a group that reportedly included his daughter and senior adviser Ivanka TrumpIvana (Ivanka) Marie Trump Advocate says Trump administration's new proposal would do 'absolutely nothing' to alleviate student debt White House proposes limits on student loan borrowing as part of higher education reforms New Zealand suspect wrote in manifesto he supported Trump 'as a symbol of renewed white identity' MORE and Homeland Security Secretary Kirstjen NielsenKirstjen Michele NielsenThe Hill's Morning Report - Dems contemplate big election and court reforms Hillicon Valley: Social media faces scrutiny after New Zealand attacks | YouTube removed 'tens of thousands' of shooting videos | DHS chief warns of state-backed cyber threats | House Dems plan April vote on net neutrality Nielsen warns US 'not prepared' for foreign cyberattacks MORE, whose agency is responsible for policing the border that Trump argues is in “crisis.”

Costs associated with booking hotels had already reached $2.9 million, according to the news website Quartz.

The U.S. delegation’s head, Treasury Secretary Steven MnuchinSteven Terner MnuchinOn The Money: Trump issues first veto, warning of 'reckless' resolution | US hits Russia with new sanctions | Dems renew push for contractor back pay | Lawmakers seek probe into undocumented workers at Trump businesses Deripaska sues Trump admin over Russia sanctions US announces new Russia sanctions with Canada, EU MORE, is still expected to attend the gathering even in Trump's absence, multiple media outlets reported.

Other officials expected to travel to Davos include Secretary of State Mike PompeoMichael (Mike) Richard PompeoState Department blocks reporters from Pompeo briefing with faith-based media: report The Hill's Morning Report - Dems contemplate big election and court reforms Pompeo jokes he'll be secretary of State until Trump 'tweets me out of office' MORE, Commerce Secretary Wilbur RossWilbur Louis RossThe Hill's 12:30 Report: O'Rourke jumps into 2020 fray 'Marie Antoinette' activist attends House hearing to protest Trump Commerce chief The Hill's Morning Report - Trump, Senate GOP clash over Yemen, border security MORE and U.S. Trade Representative Robert LighthizerRobert (Bob) Emmet LighthizerTrump says no discussion of extending deadline in Chinese trade talks McConnell urges GOP senators to call Trump about tariffs Companies brace for trade war MORE.