Announcement Date: April 18, 2017

In interviews with The Wall Street Journal, Eric Trump attributed the post-election doubling of Mar-a-Lago’s fees to market forces. He also claimed to have limited business talk with with his father to “chitchat,” which he suggested could include the state of the greens on the president’s golf course in Scotland. Noting he could provide his father with quarterly reports on the company’s finances, Mr. Trump claimed the president would “probably never ask” for them.