New York City Considers Cutting Business Ties With TrumpJanuary 12, 2021 5:05 PM ET
https://www.npr.org/sections/congress-electoral-college-tally-live-updates/2021/01/12/956153682/new-york-city-considers-cutting-business-ties-with-trumpNew York City Mayor Bill de Blasio said Tuesday that after President Trump's role in last week's insurrection at the U.S. Capitol, New York City is considering cutting its business ties with the president's company.
"The president incited a rebellion against the United States government," de Blasio said, "[a] clearly unconstitutional act and people died. That's unforgivable."
The Trump Organization, made up of hundreds of businesses owned by the president, has contracts to run concessions in New York City parks: a carousel, two ice rinks and a golf course. The attractions bring the company $17 million a year according to The Washington Post, and de Blasio says the agreements are all currently under review by the city.
..........A growing list of major businesses have announced plans to pause or sever their ties with Trump. The PGA of America canceled its plans to hold the 2022 PGA Championship at the Trump National Golf Club in Bedminster, N.J. Stripe, a tech company that processes credit card transactions, has stopped processing donations to Trump Campaign committees, according to The Associated Press.
And Deutsche Bank, which has $340 million dollars in outstanding loans to The Trump Organization personally guaranteed by the president, has also said it will no longer do business with Trump, according to The Times.
["Cut off his nose to spite his face."]