Document says Trump hotel brought in nearly $20M

Document says Trump hotel brought in nearly $20M

In Friday's financial disclosure report, which reflects business during the 2016 calendar year, the Trump Old Post Office LLC cited hotel-related revenue in reporting income of $19.6 million. Those top-line numbers were largely the same as he had reported in his previous filing, which included all of 2015 and part of 2016.

It shows Trump has "resigned" his participation in 565 companies, "quitting" most of these companies on January 19, 2017, the day before he was sworn in as the nation's 45 president.

Trump reported $37.2 million in income in the past year from Mar-a-Lago, the private Florida resort where the President hosted his Chinese counterpart Xi Jinping.

He had roughly $US20 million in income from his new marquee Washington hotel, which opened just down the street from the White House last September.

Between $100,000 and $1 million was earned in royalties for his book, "The Art of the Deal." .

Critics have long argued that Trump's returns would provide more complete financial information than his personal disclosures, which the president has previously touted as "the largest in the history" of the Federal Election Commission.

Trump delegates troop decisions, to praise and concern
The United States now have about 8,400 troops in Afghanistan in addition to about 5,000 North Atlantic Treaty Organisation forces. Another option is to hold off on the troop numbers until the new strategy is ready, which Mattis has said would be in July.

The White House said in a statement that "President Trump welcomed the opportunity to voluntarily file his personal financial disclosure form", adding that the form was "certified by the Office of Government Ethics pursuant to its normal procedures". Trump pocketed another $18 million from the Trump Corporation - his global real estate development firm.

He listed at least $315 million in liabilities.

Richard Painter, who served as an ethics lawyer under President George W. Bush, told ABC News that the form shows Trump "still owns most of his business empire". It is worth between $5 million and $25 million and produced more than $100,001 in income, the report shows.

Trump's management fees from Indonesian companies tied to two planned resorts there more than doubled.

The disclosure forms highlight how Trump rakes in millions from his golf courses. Trump recently began decamping to that property some weekends. The hotel is the subject of lawsuits that charge that the hotel, among other business interests is a violation of the emoluments clause, which is meant to prevent foreign governments from influencing government officials with improper presents or payments. Trump and the Justice Department have called those claims baseless.

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