The Trump Organization has so far been able to pay rent for the Trump International Hotel in Washington, D.C., despite facing the expected financial struggles brought on by by the coronavirus pandemic. Still, given the precarious situation, President Trump's sons Eric and Donald Jr., who are running the business while their father is in the Oval Office, have reportedly checked in with the federal government for some financial assistance down the line.
The Trump Organization owns and operates the hotel, but the Pennsylvania Ave. building is owned by the federal government, so the General Services Administration receives monthly payments from the company, which began a 60-year lease in 2013. Eric Trump confirmed with The New York Times that he's started a conversation with the G.S.A. about future rent delays, though he said he wants the company to be treated the "same" as other tenants. "Whatever that may be is fine," he said in a statement Tuesday.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Will divisions over trans issue derail Keir Starmer's government?Today's Big Question Rebellion is brewing following the Supreme Court's ruling that a woman is defined by biological sex under equality law
-
Why UK scientists are trying to dim the SunIn The Spotlight The UK has funded controversial geoengineering techniques that could prove helpful in slowing climate change
-
Gandhi charges: Narendra Modi's 'vendetta' against India's oppositionThe Explainer Another episode threatens to spark uproar in the Indian PM's long-running battle against the country's first family
-
Markets notch worst quarter in years as new tariffs loomSpeed Read The S&P 500 is on track for its worst month since 2022 as investors brace for Trump's tariffs
-
Tesla Cybertrucks recalled over dislodging panelsSpeed Read Almost every Cybertruck in the US has been recalled over a stainless steel panel that could fall off
-
Crafting emporium Joann is going out of businessSpeed Read The 82-year-old fabric and crafts store will be closing all 800 of its stores
-
Trump's China tariffs start after Canada, Mexico pausesSpeed Read The president paused his tariffs on America's closest neighbors after speaking to their leaders, but his import tax on Chinese goods has taken effect
-
Chinese AI chatbot's rise slams US tech stocksSpeed Read The sudden popularity of a new AI chatbot from Chinese startup DeepSeek has sent U.S. tech stocks tumbling
-
US port strike averted with tentative labor dealSpeed Read The strike could have shut down major ports from Texas to Maine
-
Biden expected to block Japanese bid for US SteelSpeed Read The president is blocking the $14 billion acquisition of U.S. Steel by Japan's Nippon Steel, citing national security concerns
-
Judges block $25B Kroger-Albertsons mergerSpeed Read The proposed merger between the supermarket giants was stalled when judges overseeing two separate cases blocked the deal
