The U.S. Office of Government Ethics has released President Donald Trump’s financial disclosures. The 98-page document provides a better picture of Trump’s assets, debts, and transactions, although not nearly the amount of information that could be gathered from tax disclosures. Trump is still refusing to release those despite promising the American people on multiple occasions that he would.
What’s particularly striking about the financial disclosure is how Trump has been profiting off the presidency. Every time Trump makes a trip to Mar-a-Lago or one of his golf resorts, it receives an incredible about of media attention. Now we may know one reason why Trump values them so much. In addition to liking the game of golf, Trump is making an incredible amount of money off of them. And, more so now that he’s president.
Out of a total reported income of $585,581,420 – essentially half of that, or $288 million, is coming from his golf courses.
In all, Trump has spent nearly a quarter of his presidency at Mar-a-Lago. That’s not counting his visits to his other properties.
The income Trump is receiving from Mar-a-Lago is already $7.5 million more than what he reported in 2016, a marked increase. He reported $37.2 million in income from there. Trump also earned $19.8 million from his golf club in Bedminster, New Jersey where he has spent several weekends.
Another conflict of interest apart from his golf income is his luxury hotel in Washington, where there’s the possibility that a foreign government can try to get favorable treatment by Trump by booking rooms/events. He reported $19.7 million through mid-April there.
So far, Trump has refused to sell his business holdings as president.
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