![]() ![]() “On his income tax returns, he reported annual net losses throughout the 1990s, some of it carried forward year to year, a tide that would swell to $352.8 million at the end of 2002.”Īfter being asked to join “The Apprentice,” Trump was awarded a 50% share of the show’s profits, according to the Times. Trump faced escalating money problems and the prospect of another trip to bankruptcy court,” the paper reported. “Divorced for the second time, and coming off the failure of his Atlantic City casinos, Mr. Then ‘The Apprentice’ happenedīefore being approached to host “The Apprentice” nearly 20 years ago, Trump was not in an enviable position, according to the Times. Trump was apparently near bankruptcy in 2002. Here’s what the latest investigation shows: A lawyer for the Trump Organization, which manages the president’s family businesses, told the Times that “most, if not all, of the facts appear to be inaccurate.” Trump on Sunday denied the New York Times story and claimed that he pays “a lot” in federal income taxes. The newspaper has cited detailed tax records that reveal how Trump paid little or no federal income taxes for years, as well as significant losses at some of his businesses.Ī White House spokesperson told the Times that the latest article was “fake news” and “yet another politically motivated hit piece full of inaccurate smears,” without disputing specific claims. The report is the latest installment in a series from the Times based on the deepest dive yet into the US president’s finances. (Photo by MANDEL NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images) MANDEL NGAN/AFP/Getty Imagesĩ key takeaways about Trump Inc. Trump is on a two-day campaign swing through North Carolina and Florida. “Only after they were embarrassed did they start looking,” the person said.US President Donald Trump speaks to the press as he makes his way to board Marine One from the South Lawn of the White House in Washington, DC on September 24, 2020. The Post quoted a person familiar with internal DOJ discussions who “felt as though the department was reacting to the House committee’s work as well as heightened media coverage and commentary,” drawing attention to the scheme. ![]() When the DOJ finally began investigating the fake elector scheme in early 2022, the bipartisan House Select Committee on the January 6 Attack was already conducting its own inquiry into top Trump officials and allies. “You work so hard not to be a partisan that you’re failing to do your job,” he told the Post. “You can take it to the extreme,” Peter Zeidenberg, who was part of a special counsel probe of the Bush White House in the 2000s, said of the department’s desire to avoid the appearance of political impropriety. One former Justice official told the Post, "You couldn’t use the T word.” The Post investigation revealed that “some prosecutors” below Garland and Monaco “chafed, feeling top officials were shying away from looking at evidence of potential crimes by Trump and those close to him.”ĭepartment employees tasked with putting together briefing materials for the attorney general and his deputy were told to steer clear of mentioning Trump or Trump allies. The approach generated dissension within DOJ ranks. during the early months of 2021, promised soon after the attack that prosecutors were “looking at all actors, not only the people who went into the building.” The strategy came even as Michael Sherwin, acting U.S. When Lisa and Garland came on board, they were fully onboard with that approach.” “The notion of opening up on Trump and high-level political operatives was seen as fraught with peril. “A decision was made early on to focus DOJ resources on the riot,” one former Justice Department official familiar with internal debates over department strategy told the Post. ![]()
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