Trump says he 'probably' owes money to a foreign bank. He definitely does.
President Trump insists his hundreds of millions of dollars of debt isn't a big deal.
Trump's tax returns obtained by The New York Times reveal he owes $421 million in debt, something he didn't deny to NBC News' Savannah Guthrie during his Thursday town hall. Instead, he tried to play the massive sum off as a "peanut" in comparison with his net worth, insisting it was a natural piece of running a real estate business to "mortgages" in his name.
But when Guthrie asked Trump just who he owed that money to, he wouldn't say. "No, I don't owe Russia money," Trump claimed, but didn't explain further.
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.
It's been widely reported — and actually disclosed by Trump — that Trump owes millions of dollars to the German-run Deutsche Bank, which reportedly extended him loans despite knowing he inflated his net worth. Kathryn Krawczyk
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Kathryn is a graduate of Syracuse University, with degrees in magazine journalism and information technology, along with hours to earn another degree after working at SU's independent paper The Daily Orange. She's currently recovering from a horse addiction while living in New York City, and likes to share her extremely dry sense of humor on Twitter.
-
How drones have detected a deadly threat to Arctic whalesUnder the radar Monitoring the sea in the air
-
A running list of the US government figures Donald Trump has pardonedin depth Clearing the slate for his favorite elected officials
-
Ski town strikers fight rising cost of livingThe Explainer Telluride is the latest ski resort experiencing an instructor strike
-
Maduro pleads not guilty in first US court hearingSpeed Read Deposed Venezuelan leader Nicolás Maduro and his wife Cilia Flores pleaded not guilty to cocaine trafficking and narco-terrorism conspiracy
-
Iran’s government rocked by protestsSpeed Read The death toll from protests sparked by the collapse of Iran’s currency has reached at least 19
-
Israel approves new West Bank settlementsSpeed Read The ‘Israeli onslaught has all but vanquished a free Palestinian existence in the West Bank’
-
US offers Ukraine NATO-like security pact, with caveatsSpeed Read The Trump administration has offered Ukraine security guarantees similar to those it would receive from NATO
-
Hong Kong court convicts democracy advocate LaiSpeed Read Former Hong Kong media mogul Jimmy Lai was convicted in a landmark national security trial
-
Australia weighs new gun laws after antisemitic attackSpeed Read A father and son opened fire on Jewish families at Sydney’s Bondi Beach, killing at least 15
-
How Bulgaria’s government fell amid mass protestsThe Explainer The country’s prime minister resigned as part of the fallout
-
Benin thwarts coup attemptSpeed Read President Patrice Talon condemned an attempted coup that was foiled by the West African country’s army
