Skip to content
Politics
Legal

Colony’s Barrack Testifies Trump Presidency Was ‘Disastrous’ for Him

  • Colony Capital founder distances himself from longtime friend
  • Barrack is testifying in own defense at foreign-agent trial
Colony Capital LLC founder Tom Barrack, left, leaves federal court in Brooklyn, on Sept. 19. 

Colony Capital LLC founder Tom Barrack, left, leaves federal court in Brooklyn, on Sept. 19. 

Photographer: Michael M. Santiago/Getty Images

Updated on

Tom Barrack testified that his support for longtime friend Donald Trump’s presidency proved “disastrous” for him and his business and suggested it was also the reason he’s on trial for allegedly acting as an agent of the United Arab Emirates.

The Colony Capital LLC founder spoke about Trump, for whom he campaigned in 2016 and served as inaugural committee chair, while testifying in his own defense in federal court in Brooklyn, New York. Barrack, 75, called Trump “bold, smart, instinctively brilliant and more resilient than anybody that I ever knew” but also said he expected his friend to become more “moderate” in office.