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Post Reports

‘He’s entwined his business with his presidency . . . and it’s not going well.’

Post Reports

The Washington Post

Daily News, Politics, News

4.45.1K Ratings

🗓️ 15 May 2019

⏱️ 28 minutes

🧾️ Download transcript

Summary

How Trump’s presidency is hurting the Trump brand

Trump’s prized Doral golf resort in Miami is crucial to his overall finances, says David Fahrenthold, who covers the Trump Organization for The Post.

But, according to company documents and exclusive video obtained by The Post, the Doral resort is in steep decline.

“They are severely underperforming,” tax consultant Jessica Vachiratevanurak told a Miami-Dade County official in a bid to lower the property’s tax bill. The reason, she said: “There is some negative connotation that is associated with the brand.”

“He’s entwined his business more than any modern president with his presidency,” Fahrenthold says. “And it’s not going well.”

More on this topic:

Tensions mounting with Iran

Tension between the United States and Iran has been rising steadily. Tehran has indicated it may curtail its full cooperation with the 2015 landmark nuclear agreement, and the Trump administration spoke of “planned or contemplated attacks” by Iran against U.S. forces and friends in the Middle East.

“Things have escalated very quickly in terms of our mind-set, our posture about Iran,” says national security reporter John Hudson, “but there’s a lot of confusion about exactly what the U.S. is responding to.

Hudson explains the responses the White House is considering — including deploying troops — even as lawmakers from both parties complained that the White House has not fully briefed them on the escalating tensions.

More on this topic:

Politicians who run for office and run marathons

All successful politicians are competitive — that’s how they got elected, right? But some find that relentless drive not just on the campaign trail but also in the weight room, in a road race or on the basketball court.

Graphics reporter Bonnie Berkowitz lists the most impressive athletic feats by lawmakers.

More on this topic:



Transcript

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0:00.0

From the newsroom of the Washington Post.

0:04.0

Hello, hey, you.

0:07.0

Here's the Nureesa back from the Washington Post.

0:09.0

Washington Post, this is Wesley.

0:11.0

Slaury, Aritania, over at the post.

0:13.0

I'm Luke.

0:14.0

This is Post Reports.

0:15.0

I'm Martin Powers.

0:19.0

It's Wednesday, May 15th.

0:22.0

Today, how the Trump presidency is damaging the Trump brand.

0:28.0

It's violating tensions with Iran and politicians with athletic prowess.

0:35.0

What is the Trump-Dural Resort?

0:38.0

It's in Miami.

0:39.0

It is a very large golf resort.

0:43.0

So it's got four golf courses, 640-something hotel rooms.

0:47.0

If you care about golf, this is like an iconic place.

0:49.0

That's a place where it's a scene of many, many golf tournaments over the years.

0:53.0

So golfers really know it even if the rest of us don't.

0:55.0

That's David Varenbold.

0:56.0

I cover the Trump organization for the post.

0:58.0

And along with this colleague, Jonathan O'Connell,

1:01.0

David has been looking at the Trump golf resort in Dural.

...

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