Trump’s Financial Situation Is Shakier Than We Knew

“When Donald Trump left office in early 2021, he was apparently on much thinner financial ice than almost anyone knew,” the Daily Beast reports.

“That revelation, which three accounting experts confirmed upon reviewing Trump’s 2020 tax return, may help explain some of the financial and political moves the former president has made in the intervening years. Snowballing legal fees, along with other possible legal settlements and judgments, threaten to consume the cash pile he needs to bankroll his business activity, as well as fund a lavish lifestyle and maintain his image of excess—an emperor atop a golden toilet.”