President Trump on Monday angrily dismissed criticism that his since-reversed plan to host the Group of Seven (G-7) summit at his Doral property next summer would have led to an ethics violation, claiming he’s received unfair scrutiny for the decision.
“I don’t think you people, with this phony Emoluments Clause — and by the way, I would say that it’s cost anywhere from $2 billion to $5 billion to be president,” Trump said during a Cabinet meeting at the White House.
There is no evidence that Trump lost billions by becoming president.
Trump over the weekend reversed himself and canceled plans to hold the G-7 at his property after numerous critics questioned whether the move would violate the Constitutional clause that prohibits elected federal officials from receiving gifts or contributions from foreign governments.
Trump insisted that he would not have profited off hosting world leaders, scores of journalists and other staff at his family’s property near Miami at a time when the resort is at its lowest occupancy.
“It would have been the best G-7 ever,” Trump told reporters during a Cabinet meeting.
“The Democrats went crazy, even though I would have done it free, saved the country a lot of money,” he added. “Then they say, ‘Oh, but you’ll get promotion.’ Who cares? You don’t think I get enough promotion? I get more promotion than any human being that’s ever lived.”
Trump, in the middle of a monologue about how George Washington was also a businessman while in office, cast baseless aspersions on Obama's post-presidency deal with Netflix. He then mocked the "phony Emoluments Clause," which is in the actual Constitution.
— Daniel Dale (@ddale8) October 21, 2019
Trump criticized former President Obama for his book deal and contract with Netflix, both of which were agreed to after Obama left the White House.
“Other presidents were wealthy. Not huge wealth… but they ran their businesses,” Trump said. “George Washington, they say, had two desks. He had a presidential desk and a business desk.
Trump during the Cabinet meeting said Doral would have been the “best location” for a G-7 meeting.
“Unlimited for security because it’s on you know, hundreds of acres. Best location. Right next to the airport, Miami International, one of the biggest airports in the world,” he said. “Some people say it’s the biggest, but one of the biggest airports in the world, only minutes away. It would have been great.”
“George Washington, they say, had two desks. He had a presidential desk and a business desk. I don’t think you people with this phony Emoluments Clause — and by the way, I would say that it has cost me anywhere from $2-$5 billion to be president.” pic.twitter.com/dG1OldJSpE
— Resistbot (@resistbot) October 21, 2019