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Trump Hosts Saudi-Backed LIV Golf Event Amid Global Financial Crisis

The President's properties became hubs for revenue generation as markets tumbled, drawing scrutiny over his leadership priorities.

Donald Trump had a successful moneymaking weekend while the markets plummeted.
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Overview

  • President Trump hosted a Saudi-funded LIV Golf tournament at Trump National Doral and fundraisers at Mar-a-Lago during a period of severe global market instability.
  • The events drew significant revenue for the Trump Organization, with thousands of attendees and high-profile figures like Yasir Al-Rumayyan, head of Saudi Arabia’s sovereign wealth fund, present.
  • The LIV Golf tournament featured a celebratory atmosphere with music, alcohol, and fans enjoying the event, contrasting starkly with the economic turmoil many Americans faced.
  • Critics highlighted Trump’s prioritization of personal business ventures over addressing broader economic challenges affecting the country.
  • Supporters at the events praised Trump’s focus on business and financial success, viewing his actions as aligned with his approach to leadership and economic policy.