Last month’s $2 trillion bailout bill barred President Donald Trump, his family or other officials from benefiting from one of the law’s giant loan programs. But as reporters noticed, there was no such language included for other elements of the bailout. Some provisions of the bailout are particularly beneficial to businesses like Trump’s.
There is no evidence that any provisions in the bailout were written specifically to benefit the president. It’s also not known whether the Trumps will seek such aid. We asked the Trump Organization and White House about whether the company plans to apply for bailout loans. They did not respond.
The president has said it’s not clear to him even how his company could benefit. Continue reading.