Capitol Report: Revenue at Trump’s golf courses doesn’t see pickup from entering White House

Donald Trump’s becoming president didn’t really do much to spur revenue at his golf courses, financial disclosures released Wednesday show.

The Office of Government Ethics on Wednesday released Trump’s financial disclosure form for 2017. According to data on 15 of his 17 golf courses — figures for two Dubai courses isn’t readily available — Trump’s courses brought in $221.9 million last year.

Trump was inaugurated on Jan. 20, 2017, and earlier that month he turned over management of the Trump Organization to his oldest sons, Donald Jr. and Eric. The president has retained his financial stake in the business.

The previous financial disclosure report showed $287.8 million in revenue from those courses, but over a longer time period, which covered Jan. 1, 2016, to April 15, 2017. Assuming the revenue was evenly spread, the year-to-year change was likely minimal.

A message left with the Trump Organization wasn’t immediately returned.

At Mar-A-Lago in Palm Beach, Fla., which Trump has called the Winter White House, revenue was $25.1 million. Even accounting for the prior disclosure period’s longer time frame, that’s still a comedown from the $37.2 million reported over the previous report’s 15½ months. The resort famously doubled its membership fee, to $200,000, after Trump won the November 2016 presidential election.

Just a short walk from the White House, the Trump International Hotel in Washington, D.C., brought in $40.4 million in revenue in 2017. That hotel only opened in September 2016, bringing in $19.7 million in revenue in the roughly seven months accounted for in the prior disclosure form.

The attorneys general of the District of Columbia and Maryland say in a lawsuit that Trump is violating the emoluments clause of the U.S. Constitution by not divesting and by accepting money from foreign government at the hotel. The Trump Organization said it’s donated $151,470 it’s received from the hotel and other properties to the U.S. Treasury.

Trump has repeatedly declined to release his tax returns, which would offer a more thorough accounting of his financial holdings.

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