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Profits from foreign government patrons donated to US Treasury: Trump Organization

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Before his inauguration, when he announced he would hand his company over to his two sons, Eric and Don Jr., then President-elect Donald Trump pledged to donate all profits from foreign government patrons at his hotels and other properties.  For example, foreign dignitaries have been seen at the Trump International Hotel in Washington, D.C., down Pennsylvania Avenue from the White House.

On Monday, the Trump Organization announced it had kept Trump's promise and had donated profits from all foreign-government patrons to the U.S. Treasury.

George Sorial, executive vice president and chief compliance counsel for The Trump Organization, said that while donating such money was not a legal requirement, “this voluntary donation fulfills our pledge to donate profits from foreign government patronage at our hotels and similar business during President Trump’s term in office.”


Source :- abcnews
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