New York to end Trump contracts on Capitol seat, mayor says

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The contracts are worth around $ 17 million a year, the mayor said. (FILE)

New York:

New York City said on Wednesday it would cut trade ties with the Trump organization, and at least two companies have taken similar action, citing the assault on the U.S. Capitol last week by a crowd which President Donald Trump had pushed.

Mayor Bill de Blasio, who accused the outgoing president of agitating crowds, said the move affected three contracts with the company to operate a carousel in Manhattan’s Central Park, skating rinks and a golf course in the Bronx.

“The president has instigated a rebellion against the United States government which has killed five people and threatened to derail the constitutional transfer of power,” de Blasio said in a statement. “New York City will not be associated with these unforgivable acts in any form, manner or form.”

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Cancellation of golf contracts could take “a number of months”, while others could be terminated in 25 to 30 days, the mayor’s office said in a statement.

The contracts are worth about $ 17 million a year, de Blasio said on MSNBC.

The New York-based Trump Organization did not immediately respond to a request for comment.

On January 6, Trump spoke to thousands of supporters, reiterating his unsubstantiated claim that his re-election was stolen. He urged them to march to Capitol Hill where Congress asserted President-elect Joe Biden’s victory in the Electoral College.

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Crowds quickly overwhelmed the security of the Capitol, many entering the building and forcing proceedings to be halted as lawmakers took cover in a secure location. Five people died as a result of the rampage.

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Trump’s role in cheering the crowd on has also led to the targeting of some of his personal banking relationships. A spokesperson for Signature Bank said it will close its checking and money market accounts which contained at least $ 5.1 million, according to public disclosures.

Signature Bank said Trump should resign and added that he would not deal with members of Congress who rejected the electoral college results.

Separately, a spokesperson for leading commercial real estate company Cushman & Wakefield said in an email that it would no longer do business with the Trump Organization.

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The company had served as an agent for two high profile Trump Organization properties in Manhattan, including Trump Tower, the president’s former residence.

After the Capitol riot, the PGA of America and the R&A both announced they would avoid two golf courses owned by the president.

In addition, the New York Times reported on Tuesday that Deutsche Bank DBKGn.DE will no longer do business with Trump or his companies in the future.

(Except for the title, this story was not edited by The Bharat Express News staff and is posted Platforms.)

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