House panel asks GSA to end Trump lease of Old Post Office DC hotel

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The Trump International Hotel, Washington D.C.

Janhvi Bhojwani|CNBC

A House committee prompted a federal company Thursday to think about ending the lease on a Washington, D.C., hotel held by previous President Donald Trump and his organization.

The House Committee on Oversight and Reform pointed out accounting company Mazars’ current statement that it is dropping the Trump Organization as a customer and specifying that a years of the business’s monetary declarations can not be counted on as precise.

“New information, including that former President Trump may have submitted inaccurate financial information to the federal government to obtain this lease and that he stands to reap millions in profit from selling the lease, reinforce the serious ethical and legal concerns previously raised by the Committee,” the committee leaders composed in a letter to the General Services Administration gotten by NBC News.

The House committee in 2015 revealed monetary filings revealing that the Trump International Hotel in D.C. lost more than $70 million from 2016 to2020

Mazars had actually sent those filings to the GSA, the proprietor of the historical structure referred to as the Old Post Office.

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