Hopefully the company knows someone on the inside
in their father‘s absence, said the Trump Organization is currently up to date on its rent, he confirmed that the family biz had “opened a conversation about possible changes to the terms of the lease, which could include adjustments to future monthly payments.” He also claimed that neither he nor his brother nor the company his father owns are looking for a handout; “just treat us the same,” he said in a statement on Tuesday. “Whatever that may be is fine.
Meanwhile, the Trump Organization isn’t just looking for a break from the federal government. It’s also hoping itsThe company has been talking with Deutsche Bank, the president’s largest creditor, about the possibility of postponing payments on its loans from the bank. Mr. Trump owes Deutsche Bank more than $300 million on loans connected to the Washington hotel, his Doral golf resort in Florida and a skyscraper in downtown Chicago.
Bank executives already have been debating the wisdom of granting forbearance to the president, with some worried about the political blowback they would almost certainly encounter for cutting Mr. Trump slack, the person said. Deutsche Bank is overseen by federal regulators, and the Justice Department has been conducting a criminal investigation into the bank over allegations of money laundering and other misconduct.
And then there’s the state of Florida, which must weigh requiring the Trump Organization to continue to make monthly payments on the land it leases for its golf club in West Palm Beach, or suffer the wrath of theThis month, the Trump Organization made its monthly lease payment of about $88,000 about a week after the due date but before the company would have incurred a penalty, according to county documents.
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