Chinese State Bank Rent at Trump Tower: The record
Entities and roles
- America First Audit: Chinese State Bank Rent at Trump Toweraudit case
- Donald J. Trumpcomparison subject
Relationships in this file
- Donald J. Trumplinked by cited action or authorityAmerica First Audit: Chinese State Bank Rent at Trump Tower
Money trail
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
Claims and evidence
- factdocumented
The 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 Staff: White House for Sale: How Princes, Prime Ministers, and Premiers Paid Off President TrumpMazars-derived payment ledgers; country and property sections; report pages 1-156
- factdocumented
Trump remained the beneficial owner of the business interest through the trust arrangement described in his financial disclosures and January 2017 ethics announcement.
- Time: Read a Transcript of Donald Trump's Press Conference on Conflicts of InterestSheri Dillon remarks: no new foreign deals, limited information rights, compliance counsel, and donation of foreign-government hotel profits
- U.S. House Committee on Oversight and Accountability Democratic Staff: White House for Sale: How Princes, Prime Ministers, and Premiers Paid Off President TrumpMazars-derived payment ledgers; country and property sections; report pages 1-156