The lease to the Washington, D.C., hotel run by Donald Trump’s family company while he was president, a symbol of his power to GOP politicians who gathered there and of corruption to his critics, has been sold by his family company to a Miami-based investor fund.
Former President Donald Trump's company lost more than $70 million on his Washington D.C., hotel during his four years in office despite an estimated $3.7 million in revenue from foreign governments. Ethics experts say Trump should have refused that business because it posed conflicts of interest with his role as president.