Trump will host the G7 conference of world leaders at his struggling Florida golf resort

Grace Panetta

October 17, 2019 6:04 PM

President Donald Trump's administration plans to attempt to host the next G-7 summit of world leaders at his company's Miami Doral resort in Florida, which has recently been financially struggling.

President Donald Trump speaks during a meeting with Italian President Sergio Mattarella in the Oval Office of the White House, Wednesday, Oct. 16, 2019, in Washington. (AP Photo/Evan Vucci)

Acting Chief of Staff Mick Mulvaney announced the decision at a Thursday press briefing.
Trump first floated hosting the next summit at his financially underperforming resort after the G-7 summit this year, hosted in Biarritz, France.
The decision raised obvious ethical issues and concerns that Trump in hosting a massive worldwide summit at one of his company's properties would be profiting off his own presidency.
Visit Business Insider'shomepage for more stories.

President Donald Trump's administration plans to attempt to host the next G-7 summit of world leaders at his company's Miami Doral resort in Florida, which has recently been financially struggling.

Acting Chief of Staff Mick Mulvaney announced the decision at a Thursday press briefing.

Trump floated hosting the next summit at his financially underperforming resort after the G-7 summit this year, hosted in Biarritz, France. The Florida Sun-Sentinel recently reported that Miami Doral's net operating income had fallen by a stunning 69% since 2015.

The decision raised obvious ethical issues and concerns that Trump in hosting a massive worldwide summit at one of his company's properties would be profiting off his own presidency.

"I was skeptical. I was. I was aware of the sort of political criticism we would come under for doing it at Doral which is why I was so surprised when the advance team came back and said this is the perfect physical location to do this," Mulvaney said to reporters.

When a reporter raised the issue of Trump profiting off the event, Mulvaney said, "again, he's not making any money off of this just like he's not making any money from working here. If you think it's going to help his brand, that's great, but I would suggest he doesn't need much help promoting his brand."

NOW WATCH: Why the US border facilities are 'concentration camps,' according to historians

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng