Busted: Trump again fails to share legally-required details of his finances

Former President Donald Trump keeps stalling in making his personal financials public — a requirement for all presidential candidates.

The Federal Election Commission granted Trump a second 45-day extension to file his latest public financial disclosure, which will give him until August 14 to reveal the extent of his personal wealth, according to FEC records reviewed by Raw Story.

“Due to the complexity of his financial holdings, President Trump needs additional time to compile the necessary information and complete the report,” Derek H. Ross, senior counsel at Compass Legal Group, wrote in a letter on Wednesday to Lisa J. Stevenson, acting general counsel at the FEC.

Trump has delayed filing several times now — he missed the original May 15 deadline and requested an extension to give him until June 29 to file.

In April, Raw Story broke the news that Trump filed a disclosure after exhausting his 90 days of extensions. Since Trump announced his candidacy in late 2022, he was required to file a separate financial disclosure within 30 days of becoming a candidate. He filed his first 45-day extension request on December 15, 2022, and a second extension on January 26, 2023.

Trump’s previous disclosure gave a glimpse into his financial picture as he reported more than $50 million in debt and investments up to a $1 million each in several companies like tobacco company, Philip Morris International, pharmaceutical companies like Pfizer and Novartis, and defense companies like Lockheed Martin Corp. and Raytheon Technologies.

Raw Story also broke the initial news that the FEC denied his continued attempts to delay filing his public financial disclosure and told him he would be susceptible to a fine after he hit the 90-day limit for extensions which brought his disclosure due date to March 15.

"As no further extension of time is available, Mr. Trump’s deadline for filing his personal financial disclosure report remains March 15, 2023," Stevenson wrote back to Ross on March 16. "Under section 104(d) of the Ethics in Government Act of 1978, as amended, '[a]ny individual who files a report required to be filed under this title more than 30 days after [the due date, as extended] shall … pay a filing fee of $200.'"

Trump isn’t the only presidential candidate to request an extension to disclose their personal finances.

Among his Republican challengers, entrepreneur Vivek Ramaswamy, also requested an extension on Wednesday and received a new deadline of July 6, according to FEC documents reviewed by Raw Story. Florida Gov. Ron DeSantis received an extension until July 1, and former Arkansas Gov. Asa Hutchinson received an extension through today.