‘Nightmare Scenario That Everyone Predicted’: As Millions Struggle to Meet Basic Needs, Trump Organization Requests Financial Relief

PBS NewsHour / YouTube Trump and his children accused of 1545159458.jpg...
PBS NewsHour / YouTube

While millions of Americans face uunemployment, the loss of health coverage, and difficulty affording necessities over the coming months as a result of the coronavirus pandemic, President Donald Trump’s business empire is reportedly seeking relief from outstanding debt and loans.

Trump signed a bill last week approving a one-time, means-tested $1,200 direct payment to some American workers amid the economic crisis that’s resulted from the national public health emergency that has seen more than 236,000 people in the U.S. sickened by the coronavirus. According to NBC News, those payments may not get to some households for up to five months from now, and the sum is only expected to support many recipients for about two weeks—once it arrives.

While millions of Americans struggle to pay rent and bills in the coming weeks and with little assistance being offered across-the-board by the federal government, an increasing number of U.S. residents fear they will be unable to make payments as they wait to return to work.

Meanwhile, according to the New York Times, the Trump Organization has asked its largest creditor, Deutsche Bank, if it can postpone the repayment of some of its loans. The company also requested relief from its monthly payments to Palm Beach County, Florida, for the land on which one of the president’s golf courses sits—citing the pandemic.

According to the Times, the president’s son, Eric Trump expressed hope that the county and the bank would work with the Trump Organization, which Eric—along with Donald Trump Jr.—has helped run since Trump took office.

“These days everybody is working together,” Eric Trump told the Times. “Tenants are working with landlords, landlords are working with banks. The whole world is working together as we fight through this pandemic.”

While the federal government passed a moratorium on evictions for select homeowners and renters as part of the CARES Act, relief has varied from state to state, even though residents of a majority of states have been ordered to stay at home to slow the spread of the virus.

“It’s not fair—everything is shut down, you can’t work. Our mayor says, ‘Stay home, don’t go outside,’ but we’re expected to pay the cost of subsidizing” landlords, Atlanta-based restaurant cook Casey James told the Washington Post Wednesday. “If we’re really in this disaster, everything should be frozen.”

Special treatment regarding Trump’s company’s payments while millions of Americans will be expected to fulfill their financial obligations in the coming weeks is “the nightmare scenario that everyone predicted when Trump refused to divest from his assets,” Mother Jones reporter Russ Choma tweeted.

Podcast host Joe Lockhart wondered on Twitter whether Trump’s company would allow its own tenants to skip rent payments as a result of the pandemic.

“We have to pay Donald Trump for the privilege of him getting to play golf during work hours at his own clubs, but he doesn’t have to pay his own bills,” wrote Crooked Media editor Brian Beutler.

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8 Comments on "‘Nightmare Scenario That Everyone Predicted’: As Millions Struggle to Meet Basic Needs, Trump Organization Requests Financial Relief"

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Debra
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Debra

We all should have known this was coming. Smdh

Robert Burnett
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Robert Burnett

Why does any of this surprise you. From day one, the Trump gang started filling their pockets with the American peoples money. And we sit on our sorry asses and did nothing. So we reap what we have sown.

John Johnson
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John Johnson

Yep you know what’s coming from me WHAT AN A——! PLEASE FILL IN THE BLANKS. We all knew it was going to happen. Why do you think he wanted this bill so fast. It wasn’t for the People of America it was for himself, his AS$HOLE children and ALL his rich friends. If you havent figured this AS$HOLE out yet then your a Republican!

Christine Slizyk
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Christine Slizyk

There are no words to describe the level of hatred I have for this poor excuse for a human.

Allan
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Allan

Yes, it’s difficult to come up with enough suitable adjectives, considering the limited pages of a dictionary. Which is why only profanities seem to suffice.

chris whitley
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chris whitley

Last I heard on the tenets Jared’s family is saying no to extensions while at the same time applying for relief at their bank. And trump applying for money was a given and Nancy Pelosi is saying you better not because congress is watching.

Lou
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I think like millions he should wait till the people who need assistance asap is given to them.people who are living paycheck to paycheck and can’t go back to work. And bolls are piling up should get relief asap. Donny told the world that he was rich, richer than most people in the world. He said he dosen’t need a paycheck.Is this another con by donny to get relief for him or his dead beat kids. Who could not run the business on an up and up.all they have been trained to con because they have know idea what it’s… Read more »
Bryan
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Bryan
I can understand why my first comment is censored, but if are a person who agrees with trump or anyone that backs him or stands by his side you are a disgusting excuse for a human being and you should rid the world of yourself! Harsh and strong, I know if you are a blogger or press or an online news outlet called “daily sound and fury, fury being my key word, and it goes a long way for the people not staying inside during a pandemic and trump! I get it, worried about a job like the rest of… Read more »