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Donald Trump

Donald John Trump (born June 14, 1946) is the 45th and current president of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in the New York City borough of Queens, and received a bachelor's degree in economics from the Wharton School. He took charge of his family's real-estate business in 1971, renamed it The Trump Organization, and expanded its operations from Queens and Brooklyn into Manhattan.

The company built or renovated skyscrapers, hotels, casinos, and golf courses. Trump later started various side ventures, mostly by licensing his name. He owned the Miss Universe and Miss USA beauty pageants from 1996 to 2015, and produced and hosted The Apprentice, a reality television show, from 2003 to 2015. Forbes estimates his net worth to be $3.1 billion.

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Donald Trump Covid-19 pandemic testing virus Donald Trump

Trump Says FDA Is Testing Possible COVID-19 Treatments

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hollywoodreporter.com

President Donald Trump said Thursday the government should take an equity stake in companies that need bailouts because of the devastating effects of the coronavirus on the U.S.

economy. Trump told a briefing he has executive authority to curb the impact on businesses. "There's a lot of executive power," he said. "If we don't have to use it, that would be a good thing, not a bad thing." Such a move would be an extraordinary reach by government into the private sector.

He said he'd specifically target companies that did stock buybacks, rather than investing in infrastructure. Trump also said he'd back restrictions on executive bonuses and future buybacks from companies receiving federal support.

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