President Trump filed his annual personal financial disclosure on Wednesday—it’s far from a thorough accounting of Trump’s businesses, debts and conflicts of interest.
that listed his relationships with hundreds of corporate entities, hundreds of sources of income and more than a dozen loans held by American and foreign lenders. But these documents are far from a thorough accounting of Trump’s businesses, debts and conflicts of interest.1. How much money Trump’s businesses areTrump must disclose his web of corporations and the income they generate.
The president disclosed at least $311 million in debt across 16 loans from 9 creditors, including Merrill Lynch and Germany-based Deutsche BankFor one, Trump does not list the debt on any property in which he doesn’t own a 100% stake. That means the mortgages on two of the president’s most valuable holdingsdon’t appear on the form.
The document, which is intended to outline potential conflicts of interest, does not touch on the subject of taxes at all. Trump is not required to disclose what he or his companies pay in local, state or federal taxes. For that, we’d need to see the president’s tax returns, which he has refused to disclose.updated this story to reflect that President Trump filed a new financial disclosure with the Office of Government Ethics on Wednesday.
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