Trump's Financial Disclosure Shows Declined Earnings Last Year

President Trump’s prized Doral resort in Florida is in steep decline according to company documents showing his business problems are mounting

President Trump’s prized Doral resort in Florida is in steep decline according to company documents showing his business problems are mounting

And he made an apparent reference to the case of actor Jussie Smollett.

President Donald Trump's latest financial disclosure report reveals a drop in income at his Florida luxury resort Mar-a-Lago, but the president still made at least $434 million past year in overall income. That's slightly down from $486 million in 2017.

The New York Times reported earlier this month that Trump posted more than $1 billion in losses on his taxes for a decade through the mid-1990s.

Speaking to officers gathered at the Capitol for National Police Week, Mr. Trump also trumpeted his move to ship more military equipment to local police departments and touted a decline in ambush deaths over the last two years.

The President reported holding as much as $50 million in a Capital One checking and savings account, generating as much as $1 million in interest. The reports list revenues rather than profits, and many figures are in ranges rather than specific dollar amounts-making it hard to determine his precise income.

Black said the pardon came in the form of a phone call from Trump, which Black originally believed to be a prank.

According to the report, Mar-a-Lago, the Florida resort, which Trump visits a lot during the winter, incurred a drop in income by 10% when compared with the previous year.

Black, under pressure from Paikin, repeated Trump's false assertion about Curiel, suggesting there is something untoward about his membership in the San Diego La Raza Lawyers Association, a professional group, not a militant organization.

That's the good news for Trump. "More than $150 million of the new money would be used to accommodate "significant increases" in immigrants detained, for instance".

The president's foreign-owned golf clubs have continued to generate substantial income.

But at his Doral golf resort, also in Florida, Trump had $75.96 million in income, up about $1.4 million from 2017.

Since declaring a national emergency in February over the humanitarian crisis at the southern border, allowing him to direct funds to the construction of the border wall, President Trump has reportedly been heavily involved in the project - to the point of being accused of "micromanaging".

Coincidentally, on Wednesday morning - just hours before the news of Trump's pardon became public - LifeSiteNews released the latest episode of The Van Maren Show, which just happened to be a pre-recorded interview with Lord Conrad Black.

Trump's overall income appears to have decreased from a year ago by about $16 million, when he reported making at least $450 million.

The federal government-owned Pennsylvania Avenue hotel is frequented by lobbyists and foreign agents who book rooms at the hotel - or splurge on big meals - to curry favor with the president.

Braun reported from Washington.

The President's company sold off land in the Dominican Republic in January 2018 for $3.2 million. For instance: His income was at least in the hundreds of millions past year.

A full tally for Trump's overall businesses for 2018 was not immediately available.

Trump invited Singh's wife and brother up on stage, and Reggie Singh, the brother, expressed his support for the president.

Still, questions remain about whether Trump remains in violation of a clause of the U.S. Constitution that prohibits officials from accepting gifts or "emoluments" from foreign and state government officials without congressional approval.

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