Mar-a-Lago (Palm Beach, Fla)

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      ‘A Tremendous Complication’: G.O.P. Dances Around Trump’s Lingering Presence

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      A gathering of Republican leaders and top donors in Florida this weekend is less a reset of priorities and more a reminder of the tensions that Donald J. Trump instills in his party.The first spring donor retreat after a defeat for a political party is typically a moment of reflection and renewal as officials chart a new direction forward.But with former President Donald J. Trump determined to keep his grip on the Republican Party and the party’s base as adhered to him as ever, the coming together of the Republican National Committee’s top donors in South Florida this weekend is less a moment of reset and more a reminder of the continuing tensions and schisms roiling the G.O.P.The same former president who last month sent the R.N.C. a cease-and-desist letter demanding they stop using his likeness to raise money will on Saturday evening serve as the party’s fund-raising headliner.“A tremendous complication” was how Fred Zeidman, a veteran Republican fund-raiser in Texas, described Mr. Trump’s lingering presence on the political scene.The delicate dance between Mr. Trump and the party — after losing the House, the Senate and the White House on his watch — will manifest in some actual shuttle bus diplomacy on Saturday, as the party’s top donors attend a series of receptions and panels at the Four Seasons Resort before traveling to Mar-a-Lago, the former president’s private club, to hear Mr. Trump speak.Mr. Trump’s insistence on leading the party “affects every member,” Mr. Zeidman said, as lawmakers and would-be elected officials jockey for a Trump endorsement that is as powerful in a Republican primary as it can be problematic in a general election.“He’s already proven that he wants to have a major say or keep control of the party, and he’s already shown every sign that he’s going to primary everybody that has not been supportive of him,” Mr. Zeidman said. “He complicates everything so much.”Among other things, Mr. Trump is considering running again in 2024. Though few of his allies believe he will follow through, his presence could have a chilling effect on other potential candidates.“The party is still very much revolving around” Mr. Trump, said Andrea Catsimatidis, chairwoman of the Manhattan Republican Party and a donor who will be at the retreat. “He was the one who very much revived the party when we weren’t winning.”Also inescapable is the fact that Mr. Trump has quickly built a political war chest that rivals that of the R.N.C. An adviser to Mr. Trump said he currently had about $85 million on hand, compared with nearly $84 million for the R.N.C.“Send your donation to Save America PAC,” Mr. Trump urged supporters last month, not to “RINOS,” the derisive acronym for “Republicans in Name Only.” Mr. Trump has appeared as passionate about punishing Republicans who crossed him, especially those who supported his second impeachment, as he has about taking back the House and Senate in 2022.For party officials, the goal is keeping the energy that has propelled Mr. Trump to success inside the Republican tent while not entirely allowing the former president to dominate it. Ronna McDaniel, the R.N.C. chairwoman whom Mr. Trump supported for a second term, has vowed to remain neutral in a potential 2024 primary should Mr. Trump run again.“It is a difficult balancing act,” said Bill Palatucci, a Republican National Committeeman from New Jersey who has been critical of Mr. Trump.“The president certainly has devoted followers,” Mr. Palatucci said, “but he also more than offended a lot of people with his conduct since the November election, which culminated in his helping to incite the riot on Jan. 6.”Organizers moved the final Saturday evening events to Mr. Trump’s Mar-a-Lago property, meaning the party will again be paying the former president’s private club to use its space.Saul Martinez for The New York TimesSeveral Republicans who are considered likely to run for president in 2024 — including Senator Tom Cotton of Arkansas, Gov. Ron DeSantis of Florida and Gov. Kristi Noem of South Dakota — were scheduled to speak to the R.N.C.’s donors at the Four Seasons. Mike Pompeo, the former secretary of state and C.I.A. director who served under Mr. Trump, had been scheduled to speak on Friday but did not attend the gathering.Notably absent are two leading Republican figures who also skipped the last big Republican gathering, the Conservative Political Action Conference, that Mr. Trump attended: former Vice President Mike Pence, who is starting his own political advocacy group, and Nikki Haley, the former United Nations ambassador.Some donors are hoping to quickly move past Mr. Trump, but they are also focused on the current Oval Office occupant.“It is very important the Republican Party puts Donald Trump as far into the past as possible,” said William Oberndorf, an investor in California who has given millions to G.O.P. candidates but fiercely opposes the former president.“However, if Joe Biden does not ensure that major pieces of legislation have bipartisan support, it is he who will bear more responsibility than any group of Republican donors ever could for resurrecting Mr. Trump’s political future and fortunes,” he added.Among donors, the jockeying for favor and financing extends beyond Mr. Trump and the R.N.C.On Thursday and Friday, a separate but overlapping gathering for Republican contributors was held at Mr. Trump’s private club: an “investors meeting” of the Conservative Partnership Institute (C.P.I.), a nonprofit organization. Mark Meadows, who served as Mr. Trump’s chief of staff, is now a senior adviser for the group, and Caroline Wren, who used to fund-raise for the former president, is raising money for it.Donors are being pitched on a dizzying array of Trump-adjacent projects, including Mr. Pence’s group and new entities being started by Ben Carson, Mr. Trump’s former housing secretary; Stephen Miller, his former White House adviser; and Russell Vought, the former director of the Office of Management and Budget.Corey Lewandowski, Mr. Trump’s first campaign manager in 2016, is said to be involved with efforts to start a Trump-aligned super PAC, as well.Mr. Trump, who continues to talk privately about a future campaign of his own in 2024, spoke to donors for the Meadows-linked group for more than an hour on Thursday, also at his private club.“All Republican roads lead to Mar-a-Lago,” said Jason Miller, an adviser to Mr. Trump. “Trump is still the straw that stirs the news cycle. His influence will be central to every speech and story line this week.”Those who have trekked there to meet Mr. Trump in recent months include Sarah Huckabee Sanders, his former press secretary and a candidate for governor of Arkansas; Senator Rick Scott of Florida, the chairman of the National Republican Senatorial Committee; and Representative Kevin McCarthy, Republican of California and the House minority leader.The R.N.C. had initially planned for its entire retreat to be held nearby in Palm Beach, but organizers moved the final Saturday evening events to Mr. Trump’s resort, meaning the party will again be paying the former president’s private club to use its space.During Mr. Trump’s White House tenure, his political campaign, the R.N.C. and his allies spent millions of dollars at Trump businesses, including his hotel in Washington near the White House and a resort property in Miami, where yet another pro-Trump group also held a conference this week.Party officials maintained that donors and a number of party activists were happier being at Trump-branded properties than they were anywhere else.Still, the Trump branding of official Republican events had alienated what was once the Republican establishment.“This is all about the Trump circle of grift,” said former Representative Barbara Comstock of Virginia, who is close to another high-profile Republican — and a frequent target of Mr. Trump’s — who was also notably absent: Representative Liz Cheney of Wyoming.Ms. Comstock said that the Republicans keeping their distance were wise to “build their own coalitions” and “not get sucked into Trumpism, which has a limited and short-term appeal with demographics dying in this country.”Henry Barbour, an influential R.N.C. member from Mississippi, said that the party was still in a transitional phase since Mr. Trump’s loss.“When you lose the White House, you kind of figure it’s going to take a little bit of healing, and I think probably first quarter has hopefully got us moving on a better path,” Mr. Barbour said. Mr. Trump, he said, is a “big force in the party, but the party is bigger than any one candidate including Donald Trump.”With Mr. Trump’s priorities differing from those of other party leaders, the tension remains palpable. On Friday, the super PAC for Senate Republicans, which is aligned with Senator Mitch McConnell of Kentucky, announced its backing of Senator Lisa Murkowski, Republican of Alaska, who infuriated Mr. Trump by voting to impeach him. (Some Trump 2020 advisers are working for Ms. Murkowski’s Republican challenger, Kelly Tshibaka.)Last month, Mr. McConnell privately boasted of the super PAC’s fund-raising in a meeting with Senate Republicans, bragging that it had raised more than Mr. Trump’s super PAC had in 2020. He even distributed a card to hammer home the point: “In three cycles: nearly $1 billion,” the card said. Below that were Mr. Trump’s super PAC statistics: “Trump: $148+ million,” referring to the group America First.But the Republican small donor base remains very much enamored with Mr. Trump.“He’ll still be the most significant figure in the party in November 2022,” predicted Al Cardenas, a former chairman of the Florida Republican Party and former chairman of the American Conservative Union. “Everybody has a shelf life and Donald Trump has lost a bit of his shelf life.”“It could be two years,” Mr. Cardenas added. “It could be 10.” More

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      Trump Departs Vowing, ‘We Will Be Back in Some Form’

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      #masthead-section-label, #masthead-bar-one { display: none }The Biden AdministrationliveLatest UpdatesBiden Takes Office17 Executive Orders SignedU.S. Rejoins Paris AgreementAdvertisementContinue reading the main storySupported byContinue reading the main storyTrump Departs Vowing, ‘We Will Be Back in Some Form’Defeated and twice impeached, the 45th president used his farewell remarks before a sparse crowd to brag about his record and wish luck to the incoming administration.“Goodbye, we love you, we will be back in some form,” Donald J. Trump told supporters in his final hours as president on Wednesday.Credit…Pete Marovich for The New York TimesJan. 20, 2021Updated 9:30 p.m. ETJOINT BASE ANDREWS, Md. — President Donald J. Trump left Washington aboard Air Force One for a final time on Wednesday, the iconic plane creeping along the runway so the liftoff was timed to the closing strains of Frank Sinatra’s “My Way.”In many ways, Mr. Trump’s last hours as president were a bookend to the kickoff of his presidential campaign in June 2015. As he did then, he tossed aside prepared remarks that aides had helped draft and spoke off the cuff, having them take down teleprompters they had set up. As he did then, he spent hours focused on the visual aspects of the scene where he would speak at the end of a calamitous final three months that capped a tumultuous term.Before departing for Florida, Mr. Trump — defeated at the polls, twice impeached, silenced by social media platforms and facing an array of legal and financial problems — laid down a marker about his future, telling the roughly 300 supporters who greeted him on the windy tarmac, several holding American flags, that they had not seen the last of him.“Goodbye. We love you. We will be back in some form,” Mr. Trump vowed, with the first lady, Melania Trump, by his side in sunglasses and a black outfit. He has yet to say what that form will take, but people who know him said he remained bitter that congressional Republicans had joined in rebuke of his speech at a Jan. 6 rally that incited his supporters to storm the Capitol.He at one point delivered an understated line: “We were not a regular administration.”Nonetheless, he performed more regularly in his farewell remarks than at almost any other moment since the Nov. 3. election. He thanked members of Congress with whom he worked, as well as Vice President Mike Pence, whose unwillingness to join in Mr. Trump’s baseless effort to halt Congress’s certification of President Biden’s victory led to a deep rift between them.Aides carrying boxes out of the White House on Wednesday morning.Credit…Anna Moneymaker for The New York TimesMr. Pence and the two Republican leaders in Congress skipped Mr. Trump’s departure and later attended Mr. Biden’s inaugural. Mr. Trump did not mention Mr. Biden, but for the first time he wished “great luck and great success” to the incoming administration. (A draft of Mr. Trump’s prepared remarks had included a space suggesting he acknowledge Mr. Biden, but were bracketed in case he did not, according to a person who saw them.)He did find time to note his own vote total.And he tried to claim credit for what he suggested would be a string of strong economic news in the coming months. “Remember us when you see these things happening, if you would,” he said.He similarly sought to promote his record in helping accelerate development of vaccines for the coronavirus. “It really is a great achievement,” he said.At different points, Mr. Trump seemed as close to becoming emotional as he had throughout his four years in office. He talked about the families who had suffered from the coronavirus throughout the last year.It was the first time in two weeks that Mr. Trump had addressed the public in person. He stayed mostly out of sight since election night, save for the incendiary speech he delivered to supporters on Jan. 6 urging them to march on the Capitol in an effort to deny Mr. Biden’s victory.His remarks were riddled with falsehoods and factual errors, boasts about his time in office and demands for credit, including his oft-repeated but exaggerated claim that he had rescued veterans from poor treatment. There were also awkward moments, like when he told his supporters, “Have a good life.” He offered a less acid version of his brand of partisanship, save for a few moments. “I hope they don’t raise your taxes,” he said, “but if they do, I told you so.”The Biden AdministrationLive Updates: Inauguration Live UpdatesUpdated Jan. 20, 2021, 10:06 p.m. ETTrump extends Secret Service protection for his children, cabinet secretaries and chief of staff.A boy who bonded with Biden over stuttering will write a children’s book.Michael Ellis, a Trump appointee at the N.S.A. who was sworn in on Tuesday, has been placed on leave.He praised his family and said people did not understand “how hard” they worked.Before the sun rose, officials had constructed a stage adorned with stars-and-stripes bunting, a lectern and a microphone for the president. A military band rehearsed “Hail to the Chief” shortly after 7 a.m.For several minutes, military aides measured the precise length of the red carpet that Mr. Trump was set to walk to the steps connecting to Air Force One, which was brought out around 6:30. Aides hoisted garment bags filled with the first family’s belongings into the forward cabin.A large space was built for an audience that the White House had invited to see the president off. But for a man obsessed with crowd size, only about 300 people showed up, filling roughly a third of the standing area.Mr. Trump took his final ride aboard Marine One. As the helicopter took him away from the White House, it diverted from its normal route and circled the Capitol.Credit…Jason Andrew for The New York TimesFor several days, aides had tried to corral officials to come to the departure, and to bring guests. But several who remained working until the president’s final day in office said they were worn out and deeply angry over his behavior since Election Day, as he spread falsehoods about the race being stolen from him, overshadowing whatever substantive achievements they might remember. Some of his aides who had been with him the longest said they did not even watch the send-off on television.Others wanted to steer clear of Washington in its current quasi-militarized state. And still others left the city before the new administration came in, returning to their home states.Mr. Trump, who often thought about winning but never truly contemplated the presidency before Nov. 8, 2016, began the morning telling advisers he wanted to add one last pardon to the lengthy list of clemency grants he had issued early Wednesday morning, prompting a scramble to make it happen. This one was for Albert J. Pirro Jr., the former husband of a longtime friend, Jeanine Pirro, a Fox News host. Mr. Trump has known the Pirros for more than 25 years, and White House officials said Ms. Pirro let the president know she was deeply unhappy that he had not received one. To the surprise of some of his own aides, he left a note for Mr. Biden in the Oval Office, although its contents remained undisclosed. Mr. Trump left the White House for a final time around 8:20 a.m., stopping briefly to talk to reporters before stepping onto Marine One. He described the presidency as the “honor” of his life.Then he and the first lady boarded the helicopter, taking their last ride as the rest of the Trump family met them at the send-off. The helicopter diverted from its normal route and circled around the Capitol, where two weeks earlier his supporters had chanted about hanging Mr. Pence, vowed to help Mr. Trump remain in office and set off chaos and violence that led to his second impeachment.When he arrived at the air base, a military band played “Hail to the Chief” and he was given a 21-gun salute, lending his farewell the militaristic patina he craved throughout his presidency. But during the event, his typical rally soundtrack played. When he finished his remarks, he stepped off the stage to the Village People’s “Y.M.C.A.” before heading to the red carpet leading to Air Force One.The plane then crept along the runway to “My Way,” a cinematic departure for a president who once wanted to be a Hollywood producer. On the flight, Mr. Trump stayed cloistered at the front of the plane with his family, who, like him, have never experienced the effect of a political loss.The route from the airport to Mr. Trump’s private club, Mar-a-Lago, was lined with supporters waving flags.Credit…Pete Marovich for The New York TimesWhen the plane touched down in Palm Beach, Fla., a crowd of about 20 supporters greeted the president. He waved, but did not stop to talk to anyone before climbing into an S.U.V.The route from the airport to his private club, Mar-a-Lago, was lined with people waving flags, some weeping as he passed. Around 11:30 a.m., Mr. Trump was whisked inside the gates of the Mar-a-Lago compound, leaving behind the press corps that was assigned to cover him for four years. Mr. Pirro’s pardon was announced around that time.Mr. Trump had another 30 minutes left of his presidency, but he had said all he was going to say.Patricia Mazzei More

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      Trump Financial Disclosure Reveals a Business Upended by the Coronavirus Pandemic

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      #masthead-section-label, #masthead-bar-one { display: none }Capitol Riot FalloutLatest UpdatesInside the SiegeVisual TimelineNotable ArrestsCapitol Police in CrisisAdvertisementContinue reading the main storySupported byContinue reading the main storyTrump Financial Disclosure Reveals a Business Upended by the PandemicRevenues for the Trump Organization fell nearly 38 percent in 2020 as the coronavirus took a steep toll on the hospitality industry. Mar-a-Lago was a bright spot.Trump National Doral, a golf club outside Miami, saw revenue drop by more than 40 percent.Credit…Scott McIntyre for The New York TimesBen Protess, Steve Eder and Jan. 20, 2021, 7:22 p.m. ETOver the past year, former President Donald J. Trump’s family business suffered steep declines in revenue as the pandemic upended the nation’s hospitality industry, according to a financial disclosure report released hours after Mr. Trump departed office on Wednesday.The report detailed a revenue drop of more than 40 percent at Mr. Trump’s Doral golf club outside Miami, and a 63 percent decline at his signature hotel in Washington, just blocks from the White House. All told, the Trump Organization declared revenue of at least $278 million in 2020 and the early days of this year, a nearly 38 percent decline from the company’s reported 2019 results.The disclosure, which represents the final public snapshot of Mr. Trump’s finances, documents the toll the pandemic has taken on his luxury hospitality business, which essentially ground to a halt last spring when the coronavirus started sweeping through the country. Trump hotels and golf courses shuttered, and even after reopening, some faced restrictions on indoor dining and gatherings.“There were places that due to government mandates we were not able to operate,” Eric Trump, the former president’s son who helps run the business, said in an interview on Wednesday. “Those are places you are going to lose the season because of it.”The Trump Organization, he said, remained stable and had steady cash flow and relatively low debt compared with other real estate businesses — though as Mr. Trump left office, the company had more than $300 million in debt coming due in the next few years that the former president has personally guaranteed.The disclosure portends greater tumult ahead for the business, which has faced widespread shunning of its brand after the deadly Jan. 6 assault on the Capitol. The violent rioting by Mr. Trump’s supporters led to his second impeachment and prompted many of the company’s corporate partners — in banking, insurance, golf and real estate — to abandon it. Morgan Lewis, the law firm that handles its taxes, became the latest to distance itself from the Trumps on Wednesday, by indicating that it would not take on new business with Mr. Trump or the company.The scenes of rioters storming and looting the Capitol in Mr. Trump’s name, some of them armed and dressed in animal skins, also undermined the image of stately luxury that the Trump Organization had created and is expected to cost the president’s five-star hotels bookings and group outings.Revenue at the Trump hotel near the White House decreased by 63 percent.Credit…Stefani Reynolds for The New York TimesThe biggest blow came when the P.G.A. of America announced it would strip Mr. Trump’s New Jersey golf club of a major tournament, setting off a wave of other ruptures, including a decision by New York City to cancel contracts with the Trump Organization for two ice rinks, the Central Park Carousel and the Trump Golf Links in the Bronx.Even before the pandemic and the riot, the Trump presidency had complicated business for the Trump brand.For much of his term, the company was stuck in neutral as the family name was removed from several properties and potential new deals never emerged. Mr. Trump’s polarizing politics also appeared to create a red-blue divide, leaving his hotels in Democratic bastions like New York and Chicago struggling, while his golf club in North Carolina boomed..css-1xzcza9{list-style-type:disc;padding-inline-start:1em;}.css-c7gg1r{font-family:nyt-franklin,helvetica,arial,sans-serif;font-weight:700;font-size:0.875rem;line-height:0.875rem;margin-bottom:15px;color:#121212 !important;}@media (min-width:740px){.css-c7gg1r{font-size:0.9375rem;line-height:0.9375rem;}}.css-rqynmc{font-family:nyt-franklin,helvetica,arial,sans-serif;font-size:0.9375rem;line-height:1.25rem;color:#333;margin-bottom:0.78125rem;}@media (min-width:740px){.css-rqynmc{font-size:1.0625rem;line-height:1.5rem;margin-bottom:0.9375rem;}}.css-rqynmc strong{font-weight:600;}.css-rqynmc em{font-style:italic;}.css-yoay6m{margin:0 auto 5px;font-family:nyt-franklin,helvetica,arial,sans-serif;font-weight:700;font-size:1.125rem;line-height:1.3125rem;color:#121212;}@media (min-width:740px){.css-yoay6m{font-size:1.25rem;line-height:1.4375rem;}}.css-1dg6kl4{margin-top:5px;margin-bottom:15px;}.css-16ed7iq{width:100%;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;-webkit-box-pack:center;-webkit-justify-content:center;-ms-flex-pack:center;justify-content:center;padding:10px 0;background-color:white;}.css-pmm6ed{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;}.css-pmm6ed > :not(:first-child){margin-left:5px;}.css-5gimkt{font-family:nyt-franklin,helvetica,arial,sans-serif;font-size:0.8125rem;font-weight:700;-webkit-letter-spacing:0.03em;-moz-letter-spacing:0.03em;-ms-letter-spacing:0.03em;letter-spacing:0.03em;text-transform:uppercase;color:#333;}.css-5gimkt:after{content:’Collapse’;}.css-rdoyk0{-webkit-transition:all 0.5s ease;transition:all 0.5s ease;-webkit-transform:rotate(180deg);-ms-transform:rotate(180deg);transform:rotate(180deg);}.css-eb027h{max-height:5000px;-webkit-transition:max-height 0.5s ease;transition:max-height 0.5s ease;}.css-6mllg9{-webkit-transition:all 0.5s ease;transition:all 0.5s ease;position:relative;opacity:0;}.css-6mllg9:before{content:”;background-image:linear-gradient(180deg,transparent,#ffffff);background-image:-webkit-linear-gradient(270deg,rgba(255,255,255,0),#ffffff);height:80px;width:100%;position:absolute;bottom:0px;pointer-events:none;}#masthead-bar-one{display:none;}#masthead-bar-one{display:none;}.css-1cs27wo{background-color:white;border:1px solid #e2e2e2;width:calc(100% – 40px);max-width:600px;margin:1.5rem auto 1.9rem;padding:15px;}@media (min-width:740px){.css-1cs27wo{padding:20px;}}.css-1cs27wo:focus{outline:1px solid #e2e2e2;}.css-1cs27wo[data-truncated] .css-rdoyk0{-webkit-transform:rotate(0deg);-ms-transform:rotate(0deg);transform:rotate(0deg);}.css-1cs27wo[data-truncated] .css-eb027h{max-height:300px;overflow:hidden;-webkit-transition:none;transition:none;}.css-1cs27wo[data-truncated] .css-5gimkt:after{content:’See more’;}.css-1cs27wo[data-truncated] .css-6mllg9{opacity:1;}.css-k9atqk{margin:0 auto;overflow:hidden;}.css-k9atqk strong{font-weight:700;}.css-k9atqk em{font-style:italic;}.css-k9atqk a{color:#326891;-webkit-text-decoration:none;text-decoration:none;border-bottom:1px solid #ccd9e3;}.css-k9atqk a:visited{color:#333;-webkit-text-decoration:none;text-decoration:none;border-bottom:1px solid #ddd;}.css-k9atqk a:hover{border-bottom:none;}Capitol Riot FalloutFrom Riot to ImpeachmentThe riot inside the U.S. Capitol on Wednesday, Jan. 6, followed a rally at which President Trump made an inflammatory speech to his supporters, questioning the results of the election. Here’s a look at what happened and the ongoing fallout:As this video shows, poor planning and a restive crowd encouraged by President Trump set the stage for the riot.A two hour period was crucial to turning the rally into the riot.Several Trump administration officials, including cabinet members Betsy DeVos and Elaine Chao, announced that they were stepping down as a result of the riot.Federal prosecutors have charged more than 70 people, including some who appeared in viral photos and videos of the riot. Officials expect to eventually charge hundreds of others.The House voted to impeach the president on charges of “inciting an insurrection” that led to the rampage by his supporters.One bright spot in 2020 was Mar-a-Lago, Mr. Trump’s private club in Florida and his intended new residence. Revenues at Mar-a-Lago rose from $21.4 million to $24.2 million, an increase of 13 percent. The company’s retail business also grew, more than doubling its revenues to nearly $2 million.The Trump golf business saw mixed results. While many of the courses had losses of 10 percent or more, revenues rose at clubs in West Palm Beach, Fla., and another near Charlotte, N.C., as golf became a popular outdoor escape from the dangers of Covid-19.But at Doral, Mr. Trump’s biggest revenue generator, revenues fell from $77.2 million in 2019 to $44.2 million, down nearly 43 percent.Trump Turnberry, a golf club in Scotland, had a significant downturn last year. Revenue fell from $25.7 million to $9.8 million, about 62 percent, as Scottish authorities closed it because of the virus.Some of the Trump Organization’s biggest declines came in its hotel business, as the virus halted travel and the company cut back on staff to stem its losses. The hotel in Washington, which the Trumps had considered selling before the pandemic, was particularly hard hit. The restaurant and the famed hotel lobby — long a gathering place for lobbyists, White House aides and other Trump supporters — have been closed for extended periods over the past year, and hotel occupancy is down significantly.Mr. Trump reported assets worth at least $1.3 billion, down slightly from 2019.He also reported receiving 10 gifts, including an Ultimate Fighting Championship belt, golf gear, a leather bomber jacket and a computer from Tim Cook, the chief executive of Apple, worth $5,999.Eric Lipton contributed reporting.AdvertisementContinue reading the main story More