House committee asks government to end Trump hotel lease before Trump can sell it for $370 million
CNN
The House Oversight Committee is asking the General Services Administration to consider terminating the lease for the Trump International Hotel in Washington, DC, before the former president's business can sell it, in light of allegations that the Trump Organization submitted false financial statements to the federal government.
The Democratic-led committee said false statements or certifications may constitute a breach of the lease of the Old Post Office, the historic, government-owned building the Trump Hotel occupies.
The committee request comes as the Trump Organization stands to make a profit of $100 million from the sale of the hotel lease to a Miami-based investment group for $370 million, according to a letter from the panel to the GSA. The agency is reviewing that pending deal.
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