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Chinese State Bank Rent at Trump Tower: The record

Reporting and findings

  1. documented

    The House report estimates rent from the state-owned bank using an SEC-filed debt prospectus and states the no-variable-adjustment assumption.

  2. documented

    Trump remained the beneficial owner of the business interest through the trust arrangement described in his financial disclosures and January 2017 ethics announcement.

People and organizations

Relationships in this file

Money trail

  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.