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Trump was bad for his business, billionaire friend testifies: – Press Release

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Donald Trump’s Presidency was “disastrous”. Thomas barracks Business – the latter testified in a criminal proceeding on Monday in Brooklyn, New York.

What happened: As for the impact on his company, Colony Capital, Barrack said, “Public stock owners are voting with their feet.” reported CBS News.

He said, “The ongoing drama that this president found himself in … many of these institutional shareholders were upset that I was involved with the president.”

About the impact of Trump’s friendship, Barrack told the court it’s why he’s “sitting with all of you today.”

Why it matters: Barrack, 75, is accused of serving as an “unregistered foreign agent” and meeting with and receiving instructions from the United Arab Emirates.

Trump and Barrack have spoken to each other at least once in the past month since the trial began, a person familiar with the matter told CBS News.

Rex Tillersona Trump-era secretary of state said earlier this month he didn’t know it was Barrack privy to “sensitive internal discussions”. and that he never asked the California-based billionaire to act as an intermediary between the US and the United Arab Emirates.

On Sunday, Trump called Barrack a “highly respected businessman whose DREAM was to see PEACE IN THE MIDDLE EAST.” The former US leader described it as a “very good and noble cause” on Truth Social.

Continue reading: Will Trump appear before the January 6 committee? Pelosi says he’s not ‘man enough to show up’

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