After projecting $2.1 million in losses at the Trump International Hotel DC over the first four months of 2017, the Trump Organization instead beat expectations by a whopping $4,700,000, turning a $1.97 million profit, according to the Washington Post.
Trump’s DC hotel’s success is no coincidence. President Donald Trump is selling access to himself, his family and cabinet; welcoming cash transfers from lobbyists, donors, corporate special interests, and foreign governments; and otherwise abusing his presidential influence, all to up-charge guests 131% versus DC hotels in his competitive set. It’s a pay-to-play scam.
“Trump’s pay-to-play scam isn’t a victimless crime: as President Trump sells access to the highest bidder and welcomes millions in bribes from donors and foreign governments, he’s putting his wallet over the best interests of the American people and compromising our economic and national security.” –Brad Bainum, American Bridge spokesperson
Other examples of Trump exploiting the presidency for personal profit:
Read more after the jump.