Trump will repay $750K to settle inauguration lawsuit over hotel payments

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Trump will repay $750K to settle inauguration lawsuit over hotel payments
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NEW: The Trump Organization has agreed to settle a lawsuit alleging that the Trump family misused nonprofit inauguration funds to enrich themselves in early 2017.

President Donald Trump's inaugural committee spent more than $1.5 million at the Trump International Hotel in Washington ahead of his 2017 swearing-in.presidential inaugural committee have agreed to settle a lawsuit brought by Washington, D.C., Attorney General Karl Racine over allegations that Trump and his family misused nonprofit inauguration funds to enrich themselves in early 2017.

"Nonprofit funds cannot be used to line the pockets of individuals, no matter how powerful they are," said Racine."Now any future presidential inaugural committees are on notice that they will not get away with such egregious actions."In this Jan. 20, 2017 file photo President Donald Trump takes the oath of office administered by Supreme Court Chief Justice John Roberts at the Capitol, in Washington D.C.

"This was yet another example of weaponizing Law Enforcement against the Republican Party and, in particular, the former President of the United States," Trump said in the statement."So bad for our Country!"

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