When he took office, Trump formally resigned his positions with hundreds of companies in his far-flung real estate and branding empire and handed over management to his adult sons and a veteran Trump Organization executive. But he broke with presidential tradition by refusing to relinquish ownership of his companies. As a result, spending at Trump properties still can benefit the president’s bottom line.
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The analysis examined properties owned by Trump and those with which his company has financial arrangements, such as Trump Soho, the downtown New York hotel-condo that Trump's company managed until the end of 2017. (Its owner, CIM Group, recently renamed the property The Dominick.)
The 2017 political spending at Trump’s businesses is just a fraction of the more than $10 million Trump’s campaign pumped into his businesses in 2016 as he campaigned for the presidency and relied on his properties for campaign space and his own airline for travel.
But the spending will only grow this year. Just last week, Trump addressed a crowd of Republican National Committee members over dinner in Washington. The venue: The Trump International Hotel.