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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 35 of 254

Trump Hotels & Casino Resorts forgives a Trump loan

Actions
documentedThe company structured and later forgave a loan benefiting Trump after a disclosed stock-price condition was met.U.S. Securities and Exchange CommissionThe New York Times via U.S. House Judiciary Committee recordRead record · 2 sources
Outcomes
documentedTrump received the benefit of loan forgiveness while public shareholders supplied the market capital.U.S. Securities and Exchange CommissionThe New York Times via U.S. House Judiciary Committee recordRead record · 2 sources
People and impacts
Who gained
Who paid or was affected
  • Trump Hotels & Casino Resorts public shareholders
Promise and assessment
The promise
documentedThe public company presented its capital structure as serving growth of the casino business.U.S. Securities and Exchange CommissionRead record · 1 source

Promise unresolved

The arrangement tied a personal benefit for Trump to Trump Hotels & Casino Resorts' stock performance. The filing alone does not establish that the board's approval broke the law.

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