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[link removed] [[link removed]] John

FIRST: Manhattan jury ordered Trump to pay the writer E. Jean Carroll $83.3 million for defaming her after she accused him of raping her.

THEN: A New York judge found Trump liable for conspiring to manipulate his net worth and ordered him to pay a penalty of nearly $364 million, plus millions of dollars in interest.

That means Trump’s on the hook for more than half a billion dollars – that’s a serious financial blow to the former president (we’ve been tracking Trump’s finances for *years* – so we know). These payments are likely to eat up most if not all of his accessible cash – and that’s bad news for ALL of us.

Why does Trump’s financial peril hurt us? Well, Trump isn’t just a debt-ridden billionaire – he’s also running to serve a second term as president of the United States. And for any candidate for public office — let alone the presidency — owing such significant amounts of money could be a serious liability.

To be honest, Trump’s ballooning debt is pretty scary from an ethics perspective.

We know that Donald Trump’s presidency was riddled with financial conflicts of interest but now, his financial situation makes him even more of a prime target for corruption and exploiting his office for his own personal gain. We can’t let that happen.

John, CREW is going to fight to hold Donald Trump accountable to the law and to root out corruption in government. Help us continue the fight by donating to support our work today → [[link removed]]If you've saved your payment information with ActBlue Express, your donation will go through immediately:

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Trump came into office in 2017 carrying HUGE amounts of debt and at least two years of eight-figure losses while overseeing a struggling international business empire.

Trump left the presidency with at least $1.1 billion dollars in debt tied to the COVID-weakened commercial real estate market. But a review of Trump’s financial disclosures by CREW revealed that Donald Trump reported making more than $1.6 BILLION in outside revenue and income during his four years as president.

Every president in modern times has divested conflicting assets — but not Trump.

Trump’s presidency was marred by unprecedented conflicts of interest arising from his decision not to divest from the Trump Organization – in total, he disclosed more than $1,600,000,000 in revenue from the Trump Organization.

Not to mention the money he was making from foreign governments – again, while president!

*
Some
of
his
worst
conflicts
arose
around
his
Doonbeg
golf
course
in
Ireland,
where
he
made
almost
$25
million,
and
his
Turnberry
and
Aberdeen
golf
properties
in
Scotland,
where
he
made
more
than
$58
million.
*
Qatar
purchased
a
$6.5
million
condo
in
Trump
World
Tower,
and
started
renting
space
in
the
“most
valuable
asset”
in
Trump’s
portfolio
—
a
San
Francisco
building
he
co-owns
—
directing
$125,000
per
year
in
rent
to
Trump.
*
Trump
raked
in
money
from
the
United
Arab
Emirates
through
his
Dubai
golf
course
amid
concerns
about
corruption
and
human
rights
abuses
in
the
country.
Before
taking
office,
Trump
was
paid
as
much
as
$10
million
in
royalties
from
the
golf
course
and
other
projects
in
Dubai.

Even post-presidency he’s been keeping the grift going! Members of Congress, his administration, political supporters, special interests and foreign governments flocked to his properties in numbers never seen before.

Despite his financial ups and downs, one thing is remarkably consistent: Trump’s laser focus on using the presidency to line his pockets.

With half a billion dollars in new debt and his traditional lenders closed off to him, Donald Trump will have to find someone new to give him a huge amount of money in a very short time – and that is a major national security risk.

If you’re committed to fighting Trump’s corruption and grift, help CREW continue to expose Trump’s finances, and fight to root this corruption out of our government. Make a donation to support our work today → [[link removed]]If you've saved your payment information with ActBlue Express, your donation will go through immediately:

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If you want others to know how dangerous Trump’s debt is from a national security perspective, forward this email to your friends and family.

Thank you!

Virginia Canter
Chief Ethics Counsel
CREW
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CFC 42218
Citizens for Responsibility and Ethics in Washington
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