New York Times: Struggling Hotel Owners, Some With Trump Ties, Seek Federal Bailout

New York Times: Struggling Hotel Owners, Some With Trump Ties, Seek Federal Bailout. “The precarious financial position that some friends of Mr. Trump and other hotel executives are now in has fueled an intense lobbying campaign aimed at persuading the Trump administration, the Federal Reserve and Congress to rescue hundreds of hotel industry players that relied on riskier Wall Street debt to finance their lodging empires before the virus hit.”

Leave a Reply