The U.S. government on Friday said it would allow former President Donald Trump’s company to sell the rights to a luxury hotel in Washington to a Hilton affiliate, clearing the way for Trump’s name to come down off a building that served as a flashpoint during his presidency.
Highlights
- The U.S.
- government says it will allow Trump’s company to sell rights to a luxury hotel in Washington to a Hilton affiliate.
- The Trump International Hotel served as a gathering point for his supporters and some foreign government officials during his presidency.
- The deal between the Trump Organization and CGI Merchant Group, a Miami investment firm that plans to operate the building as a Waldorf Astoria hotel, was approved by the federal government’s landlord.
- Democrats had urged GSA to cancel the lease before Trump could sell it, arguing that he may have provided a misleading picture of his finances when the government leased the property to him in 2013, before he ran for president.