President Trump’s company said it donated $105,465 to the U.S. Treasury last month, an amount that it said reflects its profits from foreign-government bookings at its hotels last year.
The number is down sharply from its 2019 donation of about $191,000, showing a drop in spending by foreign governments at Trump hotels. This is the third year that the company, which Trump still owns, has made such a donation, part of an effort to avoid violating the foreign emoluments clause of the Constitution, which bars a president from accepting gifts or payments from foreign governments.
Trump’s son Eric Trump, who is running the company with his brother Donald Trump Jr., announced the donation last month on social media. Continue reading.