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Donald Trump Loses Again, Settling D.C. Hotel Lawsuit For $750k

Donald Trump Loses Again, Settling D.C. Hotel Lawsuit For $750k

Donald Trump is having a rare moment of actually facing consequences for his behavior, as he reached a settlement to pay three-quarters of a million dollars after being sued for misuse of funds. In a statement Tuesday he mourned the sale of the hotel at the center of the allegations.

[Photo by MANDEL NGAN/AFP via Getty Images]

According to the Washington Post, Trump and the D.C. Attorney General’s office have come to an agreement in the case of a lawsuit filed in 2020 over allegations that Trump misused inaugural funds to enrich himself and his businesses by overcharging for event space as well as charging the inaugural committee for unused event space, and for using nonprofit funds for a personal event, a party for Trump’s adult children. The allegations total to more than a million dollars in misused funds.

In the meantime, the Trump Organization has moved forward with plans to sell the lease on the Old Post Office building in which his hotel resides, according to The Hill,, for $375 million. The building will be converted to a Waldorf Astoria luxury hotel.

Trump released a statement on Tuesday, simultaneously boasting of the greatness of his hotel, announcing the impending sale, and suggesting that his deal with Attorney General Karl Racine was more about freeing up the A.G. to pursue other criminal matters than about any admission of guilt.

“…with absolutely no admission of liability or guilt, we have reached a settlement to end all litigation with Democrat Attorney General Racine. As crime rates are soaring in our Nation’s Capital, it is necessary that the Attorney General focus on those issues rather than a further leg of the greatest Witch-Hunt in political history. This was yet another example of weaponizing Law Enforcement against the Republican Party and, in particular, the former President of the United States!”

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