Real Estate

House panel asks GSA to end Trump lease of Old Post Office DC hotel

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The Trump International Hotel, Washington D.C.

Janhvi Bhojwani | CNBC

A House committee urged a federal agency Thursday to consider terminating the lease on a Washington, D.C., hotel held by former President Donald Trump and his business.

The House Committee on Oversight and Reform cited accounting firm Mazars’ recent announcement that it is dropping the Trump Organization as a client and stating that a decade of the company’s financial statements cannot be relied on as accurate.

“New information, including that former President Trump may have submitted inaccurate financial information to the federal government to obtain this lease and that he stands to reap millions in profit from selling…



Source cnbc.com

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