Loan Payments Loom Over Trump

Washington Post: “As Trump fights to save his political career, another key part of his life — his business — is also under growing stress. In the next four years, Trump faces payment deadlines for more than $400 million in loans — just as the pandemic robs his businesses of customers and income… The bills coming due include loans on his Chicago hotel, his D.C. hotel and his Doral resort, all hit by a double whammy: Trump’s political career slowed their business, then the pandemic ground it down much further.”

“If Trump is reelected, these loan-saddled properties could present a significant conflict of interest: The president will owe enormous sums to banks that his government regulates. National security experts say Trump’s debts to Deutsche Bank, a German company, and foreign deals may constitute security risks if they make him vulnerable to influence by foreign governments.”