Thursday, January 21, 2021

New York City to end trade contracts with Trump organization

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New York City will end trade contracts with President Donald Trump after last week’s insurgency on the U.S. Capitol, Mayor Bill de Blasio said on Wednesday.

The Trump Organization is under contract with the city to operate two ice rinks and a carousel in Central Park as well as a golf course in the Bronx.

The Trump Organization derives about $ 17 million a year from these sites, de Blasio said.

“I am here to announce that New York City is breaking all contracts with the Trump organization,” de Blasio said.

An email requesting comment was sent to the Trump organization on Wednesday.

This is the latest example of the impact of the January 6 violation by violent Trump supporters on the business interests of the Republican president.

The PGA of America voted on Sunday to remove the PGA Championship from its New Jersey golf course next year, a move that came after social media platforms disabled Trump’s accounts and Shopify removed stores online affiliates with it.

More political cover of Fortune:

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