Trump Businesses See Sharp Revenue Decline

“Former President Donald Trump saw sharp revenue declines across his family businesses last year as the Covid-19 pandemic took a steep toll on the Trump Organization’s hotels and golf resorts, a marker of the many financial challenges Mr. Trump faces after leaving the White House,” the Wall Street Journal reports.

“Newly released data from the Office of Government Ethics shows that the minimum revenue generated by Mr. Trump’s businesses fell by nearly 40% from a year earlier, and declined even more at some of the company’s most lucrative properties.”

“The issues facing the Trump Organization are likely to get worse in the coming months.”