Trump earned $ 40.8 million last year from his hotel near the White House.



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President Donald Trump earned $ 40.8 million last year at a hotel that critics say use to take advantage of the presidency, in violation of the Constitution.

Trump has made at least $ 434 million in 2018, according to its annual financial information released by the White House on Thursday.

This includes the nearly $ 41 million paid by the Trump International Hotel in Washington, DC, located less than one mile from the White House.

The hotel has been at the center of several lawsuits alleging that the president violates the foreign emoluments clause of the Constitution, banning civil servants from receiving gifts or money from foreign governments or governments. States without congressional approval.

Read more: Democrats just assign Trump's statements after weeks of challenge

A Saudi government-related lobbying company paid $ 270,000 to the Trump Hotel in Washington between October 2016 and March 2017. These payments are the cause of the lawsuits against him.

Trump has been charged with violating the emoluments clause by the attorneys general of Maryland and Washington, as well as by congressional Democrats. The Department of Justice is actively fighting against these efforts.

The subject of Trump's finances has been a problem since his campaign, especially because of his persistent refusal to publish his tax returns, which breaks decades of precedent and continues to put his administration at odds with Democratic lawmakers.

The president also broke the precedent by maintaining the ownership of his business empire. In the past, many presidents have put their assets in a blind trust to avoid conflict of interest, but Trump has not followed this trend.

Trump's financial statement for 2018 also revealed that he had earned about $ 22.7 million from his Mar-a-Lago vacation complex in Florida, a property where he hosted foreign leaders and who has been closely examined by many problems.

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