Profiting Off Presidency? Trump Biz Takes Hit Since Election

From golf fees and licensing deals to prices for Trump condos, many metrics used to gauge his business in the first two years of his presidency are down

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Image via AP Photo/Andres Kudacki,

This article was republished here with permission from The Associated Press, however it is no longer available to read on Snopes.com.

NEW YORK (AP) — When workers pried the Trump name off another Manhattan building earlier this year, it capped a bad few weeks for the president’s businesses. Donald Trump’s golf resorts in Scotland had just posted millions of dollars in losses, one of his hotels in Panama had rebranded itself a Marriott, and New York officials announced they were looking into how he avoided paying tens of millions in taxes. All that, along with the…