List of White House counselOfficeholderTerm startPresidentEmmet Flood ActingOctober 18, 2018Donald TrumpPat CipolloneDecember 10, 2018Dana RemusJanuary 20, 2021Joe BidenStuart DeleryJuly 202243 more rows
3Â billion USD (2022)Donald Trump / Net worth
List of presidents by peak net worthNameNet worth (millions of 2022 US$)Political partyBill Clinton90DemocraticFranklin D. Roosevelt79DemocraticJohn Tyler68Whig / NoneBarack Obama48Democratic41 more rows
As president, Washington earned well more than subsequent presidents: His salary was 2% of the total U.S. budget in 1789. Even at the lowest estimate, and when adjusting for inflation, Donald Trump is far and away the wealthiest person ever to be president.
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After being called out for knocking off popular 'Koreatown' merch — the proceeds of which benefit local nonprofits — the retailer did the right thing. But why now?
The Magnitsky Act. The latest Trump associate to hire a lawyer is Donald Trump Jr. Based on his own emails and interviews, he eagerly attended a meeting in 2016 with Natalia Veselnitskaya, a Russian lawyer who he believed had opposition research on Democratic presidential candidate Hillary Clinton.
When Hillary Clinton ran for Senate in 2000, as her husband was winding down his presidency, her personal financial disclosure showed they owed lawyers somewhere between $2.3 million and $10.6 million. Disclosures in later years indicated the Clintons paid up.
While the White House lawyers are paid government salaries, by taxpayers, the Trump White House has not indicated how much the private lawyers are being paid, or by whom. This kind of legal representation doesn't come cheap.
This means that Trump has now spent nearly $4 million in legal fees since he was inaugurated in January 2017. The Washington Post reported that in the last quarter of 2017 — October to December — $1.1 million was spent to pay lawyers that represent Trump, his campaign, and his associates.
Nearly 20 percent of the money that President Trump’s reelection campaign has spent in 2018 has gone directly to legal fees, according to a report by The Washington Post.
Lara Trump, the president's daughter-in-law and senior advisor to Donald J. Trump for President, Inc. was quoted in a statement released by the campaign in January saying that the campaign’s fundraising efforts are virtually unmatched. She wrote:
Judith Nathan Giuliani’s lawyer, Bernard Clair, made the allegation during a heated divorce hearing between the pair in Manhattan Supreme Court. “Not only is [Giuliani] working pro bono for the president, for this individual, but it’s costing him money,” Clair said.
Rudy Giuliani allegedly losing money while working for Trump. Rudy Giuliani is working for free as President Trump’s lawyer — and losing money over it — but it’s not for patriotic reasons, his estranged wife’s lawyer said Thursday. The former New York City mayor could be “purposely lowering his income’’ to dodge shelling out a higher settlement ...
President Trump's personal attorney Jay Sekulow, center, stands with his son, Jordan Sekulow, left, and White House Counsel Pat Cipollone, in the Great Hall of the White House on Jan 28. (Jabin Botsford/The Washington Post)
arrow-right. The Republican National Committee is picking up the tab for at least two of Trump’s private attorneys in the ongoing trial, an arrangement that differs from the legal fund President Bill Clinton set up, only to see it fail to raise enough to cover his millions of dollars in bills before he left office.
As Clinton faced impeachment in 1998, supporters established a trust fund to raise money to cover the Clintons’ bills, which eventually exceeded $10 million because of the years-long Whitewater investigation into a real estate deal, the Paula Jones sexual harassment lawsuit and the impeachment proceedings and trial.
Advertisement. Seated around a cramped, arc-shaped table in front of the president’s jury of 100 senators, the government lawyers include Patrick F. Philbin, who worked with Cipollone at the law firm Kirkland & Ellis, and Michael M. Purpura, a former federal prosecutor and top Justice Department official.
Trump’s campaign committee is not directly paying impeachment-related legal bills, according to a campaign official, although the campaign does transfer money to the RNC from time to time. Story continues below advertisement.
“The hourly rate for President Trump’s attorney is $1,500 per hour,” the story says, “but with the taxpayers covering the cost, the law firm is billing the taxpayers $10,000 per hour, a 1500% increase.”.
It’s true that Trump hired Marc Kasowitz to lead a team of private lawyers as a special counsel investigates possible collusion between members of Trump’s campaign and Russian officials who sought to influence the outcome of the 2016 presidential election.
President Bill Clinton sought to recover $3.5 million in legal fees from the Whitewater investigation, but was only reimbursed $85,312. Presidents Ronald Reagan and George H.W. Bush also were each reimbursed for legal fees in the Iran-Contra investigation.
In fact, the Washington Post reported that Trump can’t use federal funds to pay Kasowitz for any work that he does. “The White House did not respond this week to requests for comment about how Trump would pay for his outside legal team, the cost of which cannot be covered by the federal government,” the Post wrote on May 23.