Donald Trump officially left the White House on January 20. Immediately, he came face-to-face with a whole bunch of financial issues and crumbling business ventures. In this latest episode of The Point, CNN’s Chris Cillizza ticks through the trouble the former president now faces.
SOURCES AND FURTHER READING:
Trump's business was crashing even before the Capitol riot made his brand toxic
Trump reverses course and says his Florida resort won’t be used for G7 summit
18 Revelations From a Trove of Trump Tax Records
These Businesses and Institutions Are Cutting Ties With Trump
Members are quitting 'sad' Mar-a-Lago after Trump loses
Donald Trump's secret sauce for not paying his debts
About me:
I was named "best dressed" in 7th grade. That, along with being CNN's editor at large and author of the daily "Point" newsletter are my proudest achievements. Look for me here every Tuesday and Thursday to find out what’s really going down in politics.
CREDITS
Writer: Chris Cillizza
Producer: Allison Gordon
The Point Editor: Leigh Munsil
Video Editor: Michelle Cho
Follow Chris on
Instagram:
Twitter:
Facebook:
Subscribe to The Point newsletter: .
#CNN #Cillizza #Trump
Hey, Chris here. What do you think Trump will do next?
These comments got me 😂😂😂 but I agree he probably will golf and try to con more of his worshippers out their money
Finally start drinking, heavily.
Finally shave his head and start modeling. And, more drinking.
@Francine Johnson Little Miss Francis will see who gets the last laugh.
ya – problems like major banks randomly dropping him because….. well, you know… the thing!
“I renegotiate debt” = “I don’t pay my bills”
@Rhet 101
They Know, but just don’t give a
Dam!
@No Troll
FYI
TRUMP WAS ONLY ABLE TO GET THE LOAN FROM DEUTSCH BANK UNDER ONE CONDITION:
THAT HE “PROVIDE A CO-SIGNER WITH DEEP POCKETS.”
HIS CO-SIGNER WAS VLADMIR PUTIN. NOW ITS CLEAR WHY TRUMP NEVER SAID OR DID ANYTHING BAD TO RUSSIA, NOT EVEN WHEN HE WAS TOLD ABOUT PUTIN PLACING BOUNTIES ON
US TROOPS IN AFGHANISTAN!
TRUMP=THE BIGGEST LOSER 🤮
@No Troll Saw that at the time. Everyone who went to the polls in 2016 knew he was (is) a deadbeat.
@Joachim K
“Unfortunately for Don he will learn that this won’t work with Deutsche Bank. The bank is under massive pressure from its stakeholders and the public. But they have the right to get Don’s properties if he won’t pay. Should I call this a win-win situation?”
That bank better get its own independent audit of the value of what Trump uses to pay off his debts to them. Trump hasn’t had a good track record of honestly reporting property values.
😂
“I’m a master of debt.” Something Bezos, Gates, Buffett, etc. would never say. 😂
@Danu’s Dragonfly I think every trump supporter should take a civics course before they are ever allowed to vote again….seems none of them, and that includes trump knows anything about how our government works….
yet they all claim to be patriots and believers in the U.S. Constitution…
@W T F ? Truth hurts…
@Laur Pellett 100%
So you’re making fun of Trump because he is not in the top three wealthiest people? That’s kinda moronic.
@Crispin Fornoff You’re being moronic defending ole #DiaperDon. Not in the top 3? Not even close. He owes more than he’ll ever be able to make – not to mention all of his pending court cases (if he can find lawyers).
Expert at being in debt means he’s a failure at money management.
@Aiden Binns Source?
@Aiden Binns
Keep on drinking the Orange Kool-Aid! Stories by Trump are only
Lies to get to Suckers!
His daughter made $160 Million last year.
Trump played golf more than he governed. So what if he “gave up”
his salary of $250,000 he travelled to his resorts on Air Force One to just to golf and this Cost the US Tax
Payer over $200Million Dollars!!!
Wake up sweet pea, you’ve been had by a Corrupt Con man!!!
@nicholas wadel in 2016 he had 4.5 billion now he has 3.1 billion. Google it
Ttis that
https://youtu.be/qUAmAES-2o0
oh good
@Vi Trinh how about playing a video in fucking English?
You would think that facing these money issues, he would have been motivated to pay more attention and be proactive on dealing with the virus issues.
That takes some smarts, awareness of the world around him and an attention span, none of which he has. He can’t even sit through a 30 minute intel briefing that is mostly pictures.
He was worried an election he lost.
Proactive like your boy……95.000 deaths since inauguration? ……. truinamsumthepresurre?
Trump 2024!
@Carlos A I guess you forgot about the 400,000 deaths caused by YOUR boy, Donny Dim Bulb? What? Did you think that, on inauguration day, they gave Biden a magic wand to fix all the myriad problems and travesties created by FOUR YEARS of President Pennywise? Are you stupid?
Hopefully Deutsche Bank forecloses all his property this year to get their money back in full instead of letting him get away with 200 million again!
Oh,he still owes that money
@Anton Palmer-Smith just put a smile on my face 😃
Rtis that
https://youtu.be/qUAmAES-2o0
oh good
Trump just declares his candidacy for office. Super Pacs are the perfect legal scam. Why do you think all the members of congress will lie and ignore treason to stay in office?
he totally scammed his supporters with the so called Election Defense Fund. Most of that money went into his and his family’s pockets. $300 million I believe! As usual he throws everyone under the bus! Ask Mike Pence…
Big bus heh!?
Ftis that
https://youtu.be/qUAmAES-2o0
oh good
I sincerely hope he goes bankrupt.
Don’t forget that he does this. Tax time: “omg, I’m so broke” Loan time: “I’m rich, give me more”
And, folks, that’s called mortgage/bank fraud. Watch upcoming legal jeopardy. 🕛⏳💣
Welcome to American economics and finance, they ALL do it.
We have paid welfare for him
And his children
@garzatatu6 bet you thought that was funny… too bad its untrue
@Jay Reacts untrue and unfunny. Kind of an apt description of just about everything ever said by Hair Furor.
Ttis that
https://youtu.be/qUAmAES-2o0
oh good
Actually Democrats are a welfare state. Biden made his money by parasiting off tax dollars. He’s the crook. Not Trump. You will give corrupt Biden a pass while lauding him as a saint. While he destroys what is decent and good about our country. Typical Democrats. Liars.
@Lamonike Msanii I can’t believe you airheads are still bashing on Trump. Move on. This is boring course Biden can’t inspire squat. Why you need Trump. Lol. Pathetic the lot of you sheeple Biden boot kickers. Lol.
He inflated and deflated his assets at will to be listed in Forbes, get huge loans and tax scums 🤦🏼♂️,
I cant believe trump said this😃😃😃
https://youtu.be/9ZCXwIx_kMY
God, I’m sooo sick of Orange Man’s financials. Who cares, really! He’s lived on borrowed money for decades, and his “Art of the Deal” is to bully, threaten, and sue. Time’s up. Deutsche Bank said goodbye, and so will a host of others.
has anyone ever asked why he was so eager to lower the FEDs interest rate on the Dollar?
may be his international loans are in USD, plus a percentage
This is a lie, this is not true
@abcdefg any question can not be a lie
Ftis that
https://youtu.be/qUAmAES-2o0
oh good
I’m sure his debt played a part in him running for president in the first place. His family cashed in during his term.
He thought he could “renegotiate” the election results.
This is what it looks like if you copy & paste the title:
Ex-President Trump has a *lot* of money problems
The feel-good story of the year.
I heard a radio show, years ago, that tried to break down his financials. They said he was a ‘Paper Billionaire” where the bulk of his worth was in debt.
I don’t understand why people act like he’s a business genius when he has literally bankrupted a casino