Wednesday, May 1, 2024

Donald Trump's campaign funnels cash to Mar-a-Lago, other businesses

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Doral Apartments provides 9% less square footage than the average Charlotte 2 bedroom apartment. Doral Apartments is asking 4% less than the average 2 bedroom apartment in Charlotte. Briffault said the only comparable political candidate with such a sprawling business may be former New York City Mayor Michael Bloomberg, who ran for president as a Democrat, but even then, they’re not an exact comparison. Lawsuits accusing Trump of violating the emoluments clauses in the Constitution during his presidency were unsuccessful. Critics said those seeking to influence Trump's administration funneled money into his businesses, including a hotel near the White House in Washington, D.C. Nevada U.S. Senate candidate Jim Marchant's campaign spent about $67,000 at Mar-a-Lago on "event venue rental and catering" in November and December.

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Spending money on legal issues is not unusual for a campaign, but campaign finance experts say Trump has pushed the boundaries of what is allowable. Trump's various campaign committees and a super PAC controlled by his supporters also spent at least $809,000 at his properties since the beginning of last year. The payments Trump’s campaign has made to his businesses are small compared to his large court-ordered financial judgements, but have been growing in recent months. The bulk of the campaign spending at Trump's properties since the start of 2023 — $663,000 — has been at Mar-a-Lago, and most of it occurred in February. Trump lists TAG Air, Inc among his assets on his latest financial disclosure required of presidential candidates, with a value of between $5 million and $25 million. Jean Carroll, and a $175 million bond in a fraud case involving falsifying business records.

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Federal law and FEC regulations allow donor funds to be spent at a candidate’s business so long as the campaign pays fair market value, experts say. Trump has been doing it for years, shifting millions in campaign cash into his sprawling business empire to pay for expenses such as using his personal aircraft for political events, rent at Trump Tower and events at his properties, which has included hotels and private clubs. A PAC called Giuliani Defense spent $2,400 on fundraising expenses and food at Trump's golf club in Bedminster, New Jersey in January. Trump hosted a fundraiser for Rudy Giuliani at Bedminster in September to help with the former New York mayor's legal costs, which stem in part from the criminal charges Giuliani faces in Fulton County, Georgia, for trying to help Trump overturn the 2020 election.

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Property managers may be willing to give concessions if they have many vacant units.

Concerns about Trump's business conflicts go back to 2016 election

While the practice is legal, some campaign finance experts believe it raises ethical concerns when a candidate is generating personal revenue off running for office. Trump's leadership PAC also has been spending vast sums on attorneys as the president faces four criminal cases. He currently is on trial in New York City in a case involving alleged payments to an adult film star during the 2016 presidential campaign to keep her quiet about an alleged sexual affair. America Democracy Legal Fund filed a complaint with the FEC in 2016 alleging “Mr. Trump is using funds from his presidential campaign to further his business and personal interests." The complaint was dismissed, but concerns remain in the minds of some campaign finance experts.

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But there’s also an ethical question of whether the campaign and PACs could get a better deal somewhere else. "People should be running for office because they want to serve the public, not because they want to enrich themselves," Ports said. "So the fact that campaigns are allowed to pay the candidate’s business raises those concerns. While legal, it creates kind of a negative impression of the election system." Ohio Republican U.S. Senate candidate Bernie Moreno's campaign spent $109,000 on "event catering" at Mar-a-Lago in April, December and January of 2023, records show. Moreno won the primary in March and will face three-term Democratic Sen. Sherrod Brown in November.

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The New York attorney general is challenging whether the deal Trump made to post the larger bond payment is financially sound. Questions about how Trump’s businesses have benefited from his political career have swirled around him throughout the former president’s three campaigns and his four years in the White House. Another fundraiser at Trump National Doral in March was hosted by former Ambassador Carlos Trujillo, with the money benefiting the Make America Great Again, Inc. super PAC. Trump hosted a party at Mar-a-Lago on March 5 with a large group of supporters to watch the Super Tuesday primary election results from 16 states. He also held a fundraiser at Mar-a-Lago in October that drew hundreds of supporters, including U.S. Reps Marjorie Taylor Green and Byron Donalds, Texas attorney general Ken Paxton and the actress Roseanne Barr.

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Castellanos’ parents and several family members attended the graduation ceremony where he was also honored publicly before the degrees were conferred to all graduates. Take advantage of the many amenities & community activities Doral offers and build memories of friendship, laughter, warmth, and good times. A choice of one, two, and three-bedroom layouts, a vibrant community, updated amenities, and easy access to shopping, eateries, and Uptown. Trump has been hit with a pair of large financial judgements after losing two civil lawsuits. “When voters see something like this happening it contributes to their distrust of the political system and their elected officials' motives,” said Shanna Ports, senior legal counsel with the Campaign Legal Center, a nonprofit government accountability group. In order to find the best deal, you need to know what types of units are available.

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Trump backed Marchant in his unsuccessful bid to be Nevada's secretary of state in 2022. Other GOP candidates also have been spending considerable campaign cash at Trump properties. FriedLam Partners LLC is a privately held real estate firm that owns and manages multi-family properties throughout the United States. We pride ourselves on our entrepreneurial thinking, commitment to excellence and teamwork. Our long-term investment philosophy allows us to invest in our communities and focus on providing a superior quality living experience to our residents.

The Trump campaign and affiliated political committees paid businesses owned by Trump at least $4.9 million since the start of 2023, according to an analysis by USA TODAY. Since days after the 2020 election, the leadership PAC Save America spent more than $72.5 million on legal bills to many of the same firms that are representing him in his civil and criminal cases. That fund accounts for the bulk of his legal spending, but his affiliated committees have spent millions more. The primary thing Trump’s businesses need to do is charge his campaign and PACs the same amount they would charge any other paying customer for the services.

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