Trump trying to buy back his DC hotel seen as 'magnet' for conflicts of interest: reports

10 January

President-elect Donald Trump, set to move back to Washington in ten days after he is sworn in as the nation’s 47th President, is reportedly in talks to buy back his former D.C. hotel, a source of constitutional concern during his first term, where foreign governments and dignitaries could spend lavishly. Some legal experts warned of possible violations of the Emoluments Clause.

“Donald Trump’s real-estate company is in talks to reclaim its former Washington, D.C., hotel, a move that could offer an early test of how the president-elect will handle potential conflicts of interest,” The Wall Street Journal reports. “Eric Trump this week met at his family’s Mar-a-Lago resort in Florida with an executive from merchant bank BDT & MSD Partners, which controls the long-term lease on the hotel, according to people familiar with the matter.”

“An executive vice president at the company, Eric Trump discussed purchasing the lease, though the talks are still preliminary and may not lead to any sale, these people said,” The Journal added. “The Trump International Hotel in Washington, D.C., is now a Waldorf Astoria and operates in the Old Post Office building, which is owned by the federal government and was leased to the Trumps. Trump opened the hotel in 2016, but sold the lease rights in 2022 for $375 million.”

Bloomberg News, also reporting on what it calls “early talks to reacquire its former Washington hotel,” notes that critics “said the mixing of business and political activities was a conflict of interest. The hotel was at the center of at least two lawsuits accusing the president of violating the emoluments clause of the US Constitution, which bars presidents from receiving gifts or payments from foreign governments.”

According to a report in The Independent, the Trump International Hotel Washington D.C. took in more than $3.7 million from foreign governments during Trump’s tenure as President. “This raises concerns about possible violations of the Constitution’s foreign emoluments clause, which says that Congress should approve any gifts to officeholders from foreign governments.”

The U.S. Secret Service spent at least $1.4 million at his D.C. hotel as well, according to an ABC News report citing congressional documents.

“The Trump Organization on some occasions charged the Secret Service more than five times the government rate to stay at Donald Trump-owned properties while the agency was protecting him and his family,” ABC News also reported.

Legal experts and a watchdog group are once again expressing concern.

“Instead of mitigating conflicts of interest ahead of his inauguration, looks like Trump is doubling down on corruption by trying to get the lease on the DC hotel back,” warned CREW, Citizens for Responsibility and Ethics in Washington.

CQ Roll Call White House Correspondent and editor-at-large John T. Bennett responded to CREW by saying, “Not sure why anyone would expect him to, after all these years.”

New York Times’ business investigations reporter David Enrich notes: “The Trumps are looking to reclaim their DC hotel, which is down the street from the White House and was a magnet for conflicts of interest in his first administration.”

From Your Site Articles