Key takeaways:
- The report reveals that four Trump-owned properties together collected, at the least, millions of dollars in payments from foreign entities.
- The payments included $2.3 million from Saudi Arabia, $1.3 million from India, and $500,000 from the Philippines.
- The report comes as Trump is facing a second impeachment trial in the Senate and is likely to fuel further scrutiny of Trump’s financial dealings with foreign governments.
A new report released Thursday by Democrats on the House Oversight Committee reveals that former President Donald Trump received at least $7.8 million in payments from foreign governments during two of his four years in the White House.
The report, entitled “White House for Sale: How Princes, Prime Ministers, and Premiers Paid Off President Trump,” draws upon 451 pages of documents received from Trump’s longtime accounting firm Mazars and a federal agency. According to the report, the payments came from “some of the world’s most unsavory regimes,” with China being the leading spender, paying more than $5.5 million to Trump-owned properties.
The records demonstrate that four Trump-owned properties together collected, at the least, millions of dollars in payments from foreign entities. The payments included $2.3 million from Saudi Arabia, $1.3 million from India, and $500,000 from the Philippines.
The report also reveals that Trump’s businesses received payments from entities linked to the governments of Kuwait, Qatar, Turkey, Malaysia, and the United Arab Emirates. The report does not provide any evidence that Trump was aware of the payments or that they were made in exchange for any favors.
The report comes as Trump is facing a second impeachment trial in the Senate. Democrats have argued that Trump abused his power by attempting to pressure Ukraine to investigate his political rivals. The report is likely to fuel further scrutiny of Trump’s financial dealings with foreign governments.
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