The US government should consider canceling former President Trump's lease of a historic Washington building he made into a luxury hotel before he sells it, House Oversight panel says.
House Committee on Oversight and Reform
Reps. Carolyn Maloney of New York and Gerald Connolly of Virginia, the two leading Democrats on the panel,to ask the General Services Administration, the federal property manager, to consider terminating the lease, rather than allowing him to sell it for profit. Trump's company reached a deal last year to sell the money-losing hotel to Miami investment firm CGI Merchant Group for $375 million, which could net him a $100 million profit, according to media reports.
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