If you owe the bank $100, that's your problem. If you owe the bank $100 million, that's the bank's problem. If you are the President of the United States... what kind of problem is that?
— Stephen Foley (@stephenfoley) October 26, 2020
All the president’s debts: to whom Donald Trump owes money https://t.co/tbQj40byaa
The situation is made more pressing for the US president because his primary source of income in recent years — his work on television — “is drying up”, according to an investigation by The New York Times. Citing the president’s tax filings, the Times also said much of that income was invested in golf courses that are money losers. So while the president is asset-rich, it is unclear how much liquidity he has access to.
The Trump Organization declined to comment.
The president’s creditors can be broken into five groups. . . .*