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America First Audit

He said it in public. These are the documents on what happened next. Browse all records.

Why these cases

Trump sold “America First.” This record traces how public money, power, and risk moved toward family businesses, donors, favored firms, and foreign governments: and what workers, ranchers, retirees, patients, veterans, and small investors were left to absorb.

Said vs. done

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Case 135 of 254

Chinese State Bank Rent at Trump Tower

Actions
documentedThe House report estimates rent from the state-owned bank using an SEC-filed debt prospectus and states the no-variable-adjustment assumption.U.S. House Committee on Oversight and Accountability Democratic StaffRead record · 1 source
Outcomes
documentedThe House report concluded that its Mazars-derived records captured only two years of the presidency and four Trump businesses, so the full amount and final profit reconciliation remained unavailable.Roll CallU.S. House Committee on Oversight and Accountability Democratic StaffRead record · 2 sources
People and impacts
Who gained
  • Trump Tower Commercial LLC
  • Trump Tower Commercial LLC
Who paid or was affected
  • United States public
  • Industrial and Commercial Bank of China

Amounts and affected parties

  1. otherPayment or bounded estimate recorded in the House report$5,357,495
    Estimated source
    Industrial and Commercial Bank of China
    Estimated recipient
    Trump Tower Commercial LLC
    estimated · 2019-10-31 · observedRead source record
    Calculation detailsPopulation Industrial and Commercial Bank of China; Trump Tower Commercial LLC; United States publicPeriod 2017-02-01 to 2019-10-31Basis Use the payer-specific amount or bounded estimate stated in the House report; do not aggregate it with overlapping country or property totals.Limits The source set is incomplete, gross receipts are not profit, and one record may overlap a broader payer or property total.
Promise and assessment
The promise
documentedAt Trump's January 2017 press conference, counsel for the Trump Organization said the arrangement would isolate him from the business, bar new foreign deals and donate foreign-government hotel profits to the Treasury.TimeU.S. House Committee on Oversight and Government ReformRead record · 2 sources

Promise unresolved

The available records document foreign-government-linked spending at a business in which Trump retained a beneficial interest, but they do not establish a policy exchange or permit a complete reconciliation of payments, profit and Treasury donations.

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