New York authorities announced the termination of all contracts with the Trump Organization

New York authorities announced the termination of all contracts with the Trump Organization

Trump’s family is going to challenge the New York City Mayor’s Office in court

Authorities in New York City have announced that all contracts with the Trump Organization, a conglomerate of hundreds of companies whose sole or principal owner is President Donald Trump, who was born in the Big Apple, have been terminated. New York City Mayor Bill de Blasio explained that the contract breakdown is related to the riots by Trump supporters last week outside and inside the U.S. Congress building.

“The City of New York does not intend to be associated with these inexcusable actions in any form,” Bill de Blasio said in an official statement released Wednesday. De Blasio said city officials have begun the process of “severing all contracts” related to the operation of the carousel and two ice rinks in Central Park, which generate about $17 million in annual profits for the Trump Organization.

Trump’s son, Eric, condemned the decision and warned that New York City Hall’s actions would be challenged in court.

“This is yet another example of Mayor de Blasio’s incompetence and blatant disregard for the facts,” Eric Trump said, “The City of New York has no legal right to tear up our contracts, and if they do they will have to pay the Trump Organization $30 million. This is politically motivated discrimination, which we plan to fight vigorously.”

The president’s private business has been hit hard by the riots by Trump supporters on Jan. 6. Earlier this week, the American Professional Golfers Association decided not to hold its championship next year at a golf course owned by Trump.

Online commerce platform Shopify shut down Trump-affiliated online stores, and major social media sites shut down Trump-owned accounts.

On Jan. 6, Donald Trump spoke at a rally in Washington, D.C., attended by thousands of people who came to the U.S. capital for the “March to Save America.” Trump called Biden “an illegitimate president,” stressing that “we can’t let that happen. We’re going to fight as hard as we can, or else … we will lose the country,” the president declared.

Following that, thousands of Trump supporters marched to the Capitol, where lawmakers then began the process of certifying President-elect Joe Biden’s victory in the Nov. 3 election. Many of the marchers overturned barriers previously set up by police and stormed the Capitol building. Six people were killed in the resulting riots and confrontations.

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