A House committee accused the former president of providing misleading information about hotel on financial disclosures.
Former President Trump’s Washington hotel lost over $70 million while he was in the White House, though it raked in nearly $4 million from foreign governments, according to documents released Thursday by the House Oversight and Reform Committee. The hotel was struggling, so much so that Mr. Trump’s holding company had to reallocate at least $24 million to help the struggling hotel, the documents show. But in his federally mandated financial disclosures, Mr. Trump painted a different picture. He reported that his Washington hotel earned over $150 million in revenue while he was in office. The committee obtained the material from the General Services Administration (GSA), which has leased the old federal Post Office building to Mr.
