Trump D.C. Hotel Lost $70 Million in Term Despite Foreign Cash
- Hotel got $3.75 million from foreign governments, letter says
- Trump is worth $2.5 billion on Bloomberg Billionaires Index
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Donald Trump’s Washington hotel lost more than $70 million during his time in the White House, despite receiving millions in payments from foreign governments, according to federal documents released Friday.
The documents “raise new and troubling questions about former President Trump’s lease,” which was managed by the General Services Administration, according to a letter from the chair of the House Committee on Oversight and Reform.