The search for anything that will prevent the former President from being re-elected in 2024 continues.
The Trump Organization received over $7.8 million from foreign governments while former President Donald Trump was in office, according to House Democrats.
Democrats said 19 nations, including Saudi Arabia, Kuwait, and Qatar, contributed, with the Chinese government and state-owned enterprises contributing the lion’s share.
The 156-page report, released on Thursday by the minority staff of the House Oversight Committee, details allegations that the former president committed multiple violations of the emoluments clause. This clause states that federal officials are not allowed to accept gifts or cash from foreign state actors without the approval of Congress.
In addition to the study, Democrats on the Oversight Committee compiled almost 400 pages of records from Trump’s former accounting company, Mazars USA LLC, with some information redacted.
They said the ex-president gave favor to other nations in exchange for letting his companies profit from their money.
The Trump Organization’s properties in Washington, D.C., Las Vegas, and New York, as well as Trump Tower in Manhattan, seem to have been the primary targets of the probe.
Room and meal bills associated with Trump’s brief stays at hotels while in office seem to be one source of some of the payments.
For other, more permanent agreements, there are other cashflows. During his presidency, Trump allegedly earned about $615,000 from Saudi Arabia, which it did via its 45th-floor Trump Tower lease and its use of the Trump International Hotel in Washington, D.C.
During Trump’s presidency, the Indian government spent a minimum of $282,764 on real estate, including purchasing two Trump Tower condos.
It is now unclear whether all agreements or contracts regarding the payments for Trump Tower were finalized before the former president’s inauguration or the start of his 2016 campaign.
The Trump Organization acknowledged that the Beijing-backed bank ICBC “was a tenant who signed a 20-year office lease in a Trump Tower in 2008, nearly a decade before President Trump assumed office,” according to a Trump Organization representative.
In addition, “international revenues were contributed in full to the United States Treasury for patronage at our facilities when President Trump was in office,” the spokeswoman said.
