Trump Considers Disposing of D.C. Hotel to End Legal and Political Disputes
WASHINGTON – The Trump organization is considering selling its lease on the downtown Washington Trump International Hotel to resolve legal and political disputes over its ownership and profits.
Controversy surrounding the hotel is part of an ongoing tide of criticism against the Donald Trump as he faces an impeachment investigation.
The Richmond-based 4th U.S. Circuit Court of Appeals has scheduled a hearing for Dec. 12 on whether Trump is violating his Constitutional duties by profiting from the hotel while he serves as president. The complaint was filed by the attorneys general of the District of Columbia and Maryland.
The Trump Organization acknowledged it was exploring a sale one day after a congressional committee issued a subpoena to the General Services Administration seeking information about its lease of the Old Post Office Building that became Trump International Hotel.
The Trump Organization could gain $500 million from a sale of the lease, according to a Wall Street Journal report.
The General Services Administration granted Trump a 60-year lease on the 121-year-old building, which lies a short walk from the White House. It opened shortly before he was elected as president in 2016 and has become a frequent destination for foreign diplomats and lobbyists doing business with the White House.
“Since we opened our doors, we have received tremendous interest in this hotel and as real-estate developers, we are always willing to explore our options,” Trump’s son Eric said in a statement.
Eric Trump addressed the conflict of interest complaints when he told the Wall Street Journal, “People are objecting to us making so much money on the hotel, and therefore we may be willing to sell.”
The Trump Organization hired the commercial real estate services firm Jones Lang LaSalle to assist in a possible sale of the lease.
Other conflict of interest allegations arose Saturday when The Washington Post reported that a company linked to the president’s brother recently received a $33 million government contract.
Reston, Va.-based CertiPath provides security for federal courthouses and cell blocks. Robert S. Trump, the president’s younger brother, is an investor in CertiPath through an investment partnership, according to company officials.
On June 25, the U.S. Marshal’s Service announced it was giving CertiPath the $33 million contract to provide digital security and online identity verification.
The announcement drew a complaint to the Justice Department from a rival bidder. The complaint says, “The circumstances of this contract award, and what appear to be CertiPath’s efforts to obscure Mr. Robert Trump’s financial interest in the company even as it trades on the Trump name, present the appearance of preferential treatment for those who are close to the President.
The complaint was filed by the Washington, D.C.-based law firm Venable on behalf of an unnamed client.
Robert Trump continues to serve as president of Trump Management, a company listed on President Trump’s financial disclosure form.
In The News
Health
Voting
In The News
WASHINGTON - House Speaker Nancy Pelosi said Thursday she is appointing a new select committee to investigate “the many questions” that still surround events leading up to the Jan. 6 siege of the Capitol and the federal response that day. In May, Senate Republicans filibustered legislation... Read More
WASHINGTON (AP) — The Biden administration has extended the nationwide ban on evictions for a month to help tenants who are unable to make rent payments during the coronavirus pandemic, but it said this is expected to be the last time it does so. Dr. Rochelle... Read More
WASHINGTON (AP) — The U.S. economy grew at a solid 6.4% rate in the first three months of this year, setting the stage for what economists are forecasting could be the strongest year for the economy in possibly seven decades. The Commerce Department said Thursday that... Read More
WASHINGTON (AP) — A bipartisan group of senators is seeking President Joe Biden's support for a $953 billion infrastructure plan, raising hopes for a breakthrough agreement after arduous negotiations on his top legislative priority. Biden has invited members of the group of 21 senators, Republicans and... Read More
The National Guard is asking Congress to reimburse $521 million it says it spent in responding to the Jan. 6 siege on Capitol Hill and the extended protection it provided in the months that followed. Gen. Daniel Hohanson said during a Pentagon press conference on Wednesday... Read More
WASHINGTON - The Blue Dog Coalition of House Democrats is calling on its congressional colleagues to approve the Biden administration’s $753 billion defense spending request for Fiscal Year 2022, saying the proposed $12.3 billion increase over last year will better enable the U.S. to counter the... Read More
