NYC to terminate Trump contracts after Capitol insurrection [View all]
Source: Associated Press
New York City will terminate business contracts with President Donald Trump after last week’s insurrection at the U.S. Capitol, Mayor Bill de Blasio announced Wednesday. “I’m here to announce that the city of New York is severing all contracts with the Trump Organization,” de Blasio said in an interview on MSNBC.
De Blasio said the Trump Organization earns about $17 million a year in profits from its contracts to run two ice skating rinks and a carousel in Central Park as well as a golf course in the Bronx.
The city can legally terminate a contract if the leadership of a company is engaged in criminal activity, the Democratic mayor said. “Inciting an insurrection — let’s be very clear, let’s say the words again — inciting an insurrection against the United States government clearly constitutes criminal activity,” he said.
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De Blasio had said earlier that the city was examining its legal options to end the Trump contracts. He said Wednesday that city lawyers determined that if Trump sues over the move, the city will win. Trump “incited a mob to attack the Capitol,” de Blasio said, adding, “The lawyers looked at it and it was just as clear as a bell that’s grounds for severing these contracts and we’re moving to do that right away.”
Read more: https://apnews.com/article/nyc-terminate-trump-contracts-c3ec1eadf286008199074c894de31612
May the rotting out of his cachet - and cash - spread widely.
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