So many liberals in media were freaking out over Trump’s new DC hotel before and after the election. Now they look foolish again.
The Washington Post reported:
Federal agency rules Trump’s D.C. hotel lease is in ‘full compliance’
Government officials overseeing the Trump International Hotel’s lease with the federal government have determined the deal is in “full compliance” despite a clause in the agreement barring any “elected official of the government of the United States” from deriving “any benefit.”
In a Thursday letter to Eric Trump, the president’s son now overseeing the hotel, the project’s contracting officer found the company met the terms of the lease because the president had resigned from a formal position with the company and the organization had restructured an internal operating agreement so he received no direct proceeds from the D.C. hotel business while in office.
“In other words, during his term in office, the president will not receive any distributions from the trust that would have been generated from the hotel,” said the contracting officer, Kevin M. Terry.
Terry also praised the project for turning a partly empty government office building into a hotel that had already generated $5.1 million for the government by the time it opened in the fall.
Sorry, media. You’ll all have to find a new thing about Trump to claim is a crisis.
That should only take you a few minutes.
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