EXCLUSIVE: Trump donor allegedly used embezzled money to support the former President’s campaign and lead a lavish lifestyle
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And big shout out to Forbes's art team for that map and the art at the top of the article—constantly amazed at what they come up with and can execute!
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Location, location, location mean much—recipients of Trump's endorsements have no problem traveling to spend campaign money at his businesses.
Of the 10 biggest spenders, only 1 has a Trump property in the area he hopes to represent.
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About 70% of the endorsement recipients who funneled donor money to a Trump business did so before picking up his support.
The rest paid the former president's business after he endorsed their campaigns.
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About 1/3 of the 224 candidates Trump has endorsed in the 2022 midterms have reported paying his businesses via their political committees.
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"Trump-Endorsed Candidates Have Funneled At Least $1.4 Million Into His Businesses"
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Special Wednesday issue of Checks & Imbalances, Forbes' free (🚫💰) newsletter on money and politics, just went up on the website.
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Latest issue of Checks & Imbalances, Forbes' free (🚫💰) newsletter on money and politics, just went up on the website.
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Latest issue of Checks & Imbalances, Forbes' free (🚫💰) newsletter on money and politics, just went up on the website.
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Golfers Dustin Johnson & Bryson DeChambeau committed to the LIV series, a tour backed by Saudi Arabia’s sovereign wealth fund.
What else do they bhave in common?
Connections to the Trump Org, which will host 2 LIV events.
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Yesterday, we reported that a Trump-inspired bill, which aims to prevent a president from leasing government property, might not actually do that.
Today's issue includes suggestions from gov't ethics expert @KathleenClark on how to improve the bill.
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Latest issue of Checks & Imbalances, Forbes' free (🚫💰) newsletter on money and politics, just went up on the website.
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I also reached out to Rep. TItus' office on May 19.
Over almost three weeks, it was unable to explain how her bill would prevent a president from maintaining a lease—which her press release said it would do.
So stay tuned, I guess.
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So I reached out to experts in gov't-contracting—
Two couldn't find any language that would prevent a Trump Hotel DC redux.
One said the bill could possibly be interpreted to cover a situation like Trump's
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Titus's office posted the bill on her website.
I read it (relax, it's just 6 pages).
Not in it: Language that appears to address what happens if a gov't leaseholder is later elected president.
You know, like what happened with Trump.
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https://titus.house.gov/uploadedfiles/our_public_buildings_act_full_text.pdf
Staff writer at Forbes (subscribe!) • Reporting on money and politics • Tip? zeverson@forbes.com, Signal/Mobile 202.804.2744