Trump reelection campaign shifted $1.3 million of donor money into his businesses: analysis

President Trump’s reelection campaign has cycled $1.3 million in campaign funds into his businesses, according to an analysis of the campaign’s recent filings released by Forbes.

Documentation filed by the president’s reelection campaign and reviewed by the business publication revealed that the campaign spent $1.3 million at Trump businesses for rent, food, lodging and other expenses since he took office in 2016.

{mosads}That includes $800,000 the campaign has paid to Trump Tower Commercial LLC, which is the holding company through which the president reportedly holds interest in the Trump Tower located on Fifth Avenue, and $54,000 to Trump Plaza LLC, which controls property that includes two apartment buildings in New York City, according to the analysis.

Each those payments have been listed as “rent” in documentation filed by the president’s campaign, Forbes reports.

The 2020 effort has also reportedly paid $60,000 to Trump Restaurants LLC, which is another holding company linked to Trump Tower.

The report comes as Trump continues to face scrutiny for failing to fully divest from his business interests after taking office.

The president is currently facing a lawsuit, brought by the state of Maryland and the District of Columbia, accusing him of unconstitutionally profiting off the office of the presidency by accepting payments through his D.C. hotel.

Tags Donald Trump
See all Hill.TV See all Video

Most Popular

Load more


See all Video