Friday, March 29, 2024
HomeGSADemocrats ask GSA to consider canceling Trump DC hotel lease

Democrats ask GSA to consider canceling Trump DC hotel lease

Democrats are asking the General Services Administration (GSA) to consider canceling the lease of the Trump International Hotel in Washington, D.C., after the Trump Organization’s former accounting firm said it could no longer stand by the financial statements it had prepared for the company.
Accounting firm Mazars said in a letter submitted in court filings earlier this week the Trump Organization should tell any recipient to whom it has provided financial statements they should no longer rely on the documents and announced the end of the business relationship between the two.
New York Attorney General Letitia James’s (D) office last month said it had discovered “significant additional evidence indicating that the Trump Organization used fraudulent or misleading asset valuations to obtain a host of economic benefits, including loans, insurance coverage, and tax deductions.

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