Donald Trump's properties see drop in political profits

Former President Donald Trump is already in the midst of several legal investigations despite remaining to be a strong influence over the Republican Party. A new report saw Trump’s properties suffering a drop in political profits compared to the previous years.

Findings of the Center for Responsive Politics saw Trump’s properties only brought in $1.46 million in revenue from Republican candidates and committees in 2021. According to The Daily Beast, the numbers are a big drop from the political profits Trump made in previous years, saying that the latest numbers are similar to that during his first year as president.

The outlet said that the latest numbers also “come at a perilous time when the former president’s profits are hurting and prosecutors appear to be sharpening their knives.”

In previous years, Trump’s political committees have brought in the most revenue. However, in 2021, most of the political revenue came from the national GOP and candidates.

“All in all, Trump’s committees have cycled nearly $22 million in donor money back to his businesses since he announced his candidacy in 2015, with his GOP allies adding another approximately $5 million. When Trump left office, however, those numbers plummeted,” reported the outlet.

Aside from the properties, there has also been a decline in GOP candidates and committees that spent money there, from 177 in 2020 to 75 in 2021. Many of the 2021 revenue came from new MAGA candidates that are looking to secure the former president’s endorsement in the midterm elections.

Trump is facing investigations in several states, including DC. Two of the probes are coming from New York, with the Manhattan District Attorney and the New York Attorney General. Attorney General Letitia James has since responded to Trump’s defense of his financial records, which his longtime accounting firm Mazars said are not to be relied upon when it fired Trump this week.

“It is not unusual for parties to a legal proceeding to disagree about the facts,” said James in a letter filed in court. “But it is truly rare for a party to publicly disagree with statements submitted by his own attorneys in a signed pleading – let alone one day after the pleading was filed.”