Trump says he’s losing as much as $5B being president

During a visit to a Pennsylvania factory, the president claimed without evidence that he was losing money while in office.

MONACA, Pa. — President Donald Trump claimed on Tuesday that being president will personally cost him billions of dollars, due in part to the lawyers he has had to hire to defend him in various lawsuits.

“This thing is costing me a fortune, being president,” Trump said during a speech at the Shell Petrochemical plant in Monaca, Pennsylvania, near Pittsburgh.

“Somebody said, ‘Oh, he might have rented a room to a man from Saudi Arabia for $500,’” Trump said, referring to reports that Saudi Crown Prince Mohammed bin Salman and members of his delegation booked multiple nights in a Trump hotel.

View the complete August 13 article by Lauren Egan on the NBC News website here.