President Trump wants the 2020 G7 meeting to take place at the Trump National Doral resort in Florida. He might think the “G” stands for “golf,” but it’s the Group of Seven finance summit. Speaking of finance, the Doral could use the money. During the Trump presidency its net operating income fell 69%. And the Doral’s debts are international, since it was financed through loans from Deutsche Bank. Note to finance ministers: the swimming pools haven’t been inspected in the past year.
More:
“Trump resort in mix to host G7,” Jonathan Swan, Axios
“Trump’s prized Doral resort is in steep decline, according to company documents, showing his business problems are mounting,” David A. Fahrenthold and Jonathan O’Connell, Washington Post
Updates:
“Trump sings the praises of his resort in Florida as possible G-7 host for 2020,” Josh Dawsey and David A. Fahrenthold, Washington Post
“Trump Has Just the Place for the Next G7 Meeting: His Own Golf Resort,” Patricia Mazzei, Michael D. Shear and Eric Lipton, New York Times
“Donald Trump pitches his own Miami resort as next G7 venue – video,” The Guardian
“Trump Plan To Host G7 At Own Property Raises ‘Monumental’ Emoluments Issues,” Josh Kovensky, TPM Muckraker
“Trump Pitches Luxury Miami Property for Next G-7: His Own,” Jennifer Jacobs, Josh Wingrove, and Jonathan Levin, Bloomberg
“‘Fox & Friends’ Hosts Love The Idea Of Trump Hosting G7 At His Golf Resort,” Summer Concepcion, Talkin, gPointsMemo
“Trump’s push to hold the G7 at a resort he still owns and profits from, explained,” Aaron Rupar, Vox
“Trump says ‘no bedbugs’ at his Doral resort. But inspectors have found a host of other problems.” Michael Brice-Saddler, Washington Post
“Trump’s ‘perfectly located’ Doral resort sees value decline again, Miami-Dade says,” Douglas Hanks and Taylor Dolven, Miami Herald
“Trump’s Doral resort was added as possible G-7 site at last minute, secret service email reveals,” Eileen AJ Connelly, New York Post
“RNC to hold winter meetings at Trump resort that was considered for G-7 summit,” David A. Fahrenthold and Michael Scherer, Washington Post
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Short link: https://wp.me/p6sb6-ts5
Top image (“President Trump Addresses the Issues”) by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com
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Tags: 2020 Summit, conflicts of interest, Donald Trump, Florida, G7, Golf, Group of Seven, international finance, Miami, Trump, Trump National Doral
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