In May of 2022, the Trump family sold their long term lease to their DC hotel. During Trump’s first term, government officials from Malaysia, Saudi Arabia, Qatar, the United Arab Emirates, Turkey and the People's Republic of China collectively spent over $750,000 at the Trump International Hotel during his presidency. Trump Family Hotel Grift. Despite the largesse of these foreign countries, the hotel lost more than $70 million during the four years of Trump's presidency, including in each year before pandemic shut downs. Trump Sells Money Losing DC Hotel
With the hotel being a money loser and now sold, what is the Trump family to do to leverage their father’s presidency into a profitable DC business? Well, Don Jr. has found a perfect graft with little overhear (or oversight) and large profits from foreign dignitaries and techno bros: open a private DC club named the Executive Branch (no need for subtlety with no Congressional or Judicial oversight). Donald Trump Jr. co-founds new private members club, Executive Branch. Now, initial membership for exclusive clubs such as the Aman Club in New York run as high as $200,000 but they don’t offer the benefits of hobnobbing with members of Trump’s administration. So, if one is lucky enough to be invited to join the “Executive Branch”, you will have the privilege of paying $500,000.00 plus an annual fee. In fact, Executive Branch will be the second most expensive club in the country, according to CNBC, falling just behind President Trump’s Mar-a-Lago Resort where membership fees were raised to $1 million last summer. Executive Branch Fee
Living up to its promise of selling access. the launch party included Secretary of State Marco Rubio, SEC Chairman Paul Atkins, Attorney General Pam Bondi, FTC Chairman Andrew Ferguson, FCC Chairman Brendan Carr, Director of National Intelligence Tulsi Gabbard, deputy FBI director Dan Bongino and Mehmet Oz, administrator of the Centers for Medicare and Medicaid Services. You may wonder whether attendance at that event was mandatory. As reported by Politico:
Their goal, the people familiar with the plans say, is to create the highest-end private club that Washington has ever had, and cater to the business and tech moguls who are looking to nurture their relationships with the Trump administration.
Trump-aligned club for the ultra rich launches in Washington. Thus, the Trump family has learned how to more profitably sell access to the administration after their failed hotel the first term.