Washington: Former United States President Donald Trump’s exhibition hotel in Washington – a popular gathering place for supporters and foreign dignitaries – bled millions of dollars during his tenure, even though he hid payments from foreign governments, a US House of Representatives panel said.
The House Committee on Supervision and Reform said that recently obtained government documents raise “worrying” questions about the Trump International Hotel, which is housed in a historic building the Trump organization leases from the federal government.
According to the Democratic-controlled committee, Trump reported that the hotel earned him more than $ 150 million ($ 205 million) during his tenure, but actually lost more than $ 70 million.
The committee found that the hotel received more than US $ 3.7 million in payments from foreign governments – roughly equal to more than 7,400 overnight stays at the hotel, which posed a potential conflict of interest.
The hotel gave some of that money to the U.S. government but failed to provide detailed information about those payments to the GSA, the committee said.
The committee’s investigation was based on documents released by the General Services Administration, the U.S. government agency that administers federal real estate.
Provisions of the US Constitution prohibit the President from receiving payments or “remuneration” from foreign governments.
Trump’s lawyers have argued in court that his ownership of the hotel did not violate these constitutional provisions.