Virus relief package could help Trump, Kushner businesses

Virus relief package could help Trump, Kushner businesses

SeattlePI.com

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WASHINGTON (AP) — The $2 trillion legislative package moving through Congress to shore up the U.S. economy devastated by the coronavirus was carefully written to prevent President Donald Trump and his family from profiting from the federal fund. But the fine print reveals that businesses owned by Trump and his family still may be eligible for some assistance.

The massive relief fund, rushed through the Senate and expected to soon be passed by the House, includes language inserted by Democrats that explicitly prevents Trump, who did not divest from his company before taking office, from using the federal money as a windfall for his struggling hotel and country club business.

Ethics groups warn, though, that the 880-page bill contains loopholes in the ethics ban and wording elsewhere could theoretically allow the banned parties to still benefit from the federal giveaways.

After analyzing the massive bill, the DC-based ethics group Citizens for Responsibility and Ethics in Washington said Trump and his family might still benefit from provisions in the package that are aimed more broadly at various parts of the U.S. economy.

“While they still may benefit from parts of this bill, on first read it appears only in ways that would benefit many others,” said CREW spokesman Jordan Libowitz.

Certain hotel owners, including those employing thousands of people, will be eligible for small-business loans, a provision that could potentially help Trump’s company continue to pay wages for his employees. The Trump Organization could also benefit from a $15 billion change to the tax code won by retailers and restaurants.

Six of the Trump Organization's seven most profitable clubs and hotels are shut down because of restrictions imposed to slow the spread of the coronavirus, including the lush Mar-a-Lago resort in Palm Beach,...

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