New York City will terminate business contracts with President Donald Trump after last week’s insurrection at the U. S. Capitol, Mayor Bill de Blasio announced Wednesday.
De Blasio said the Trump Organization earns about $17 million a year in profits from its contracts to run two ice skating rinks and a carousel in Central Park as well as a golf course in the Bronx.
The city can legally terminate a contract if the leadership of a company is engaged in criminal activity, the Democratic mayor said.
The move to end Trump’s business contracts in the city he formerly called home is the latest example of how the Jan. 6 breach by violent Trump supporters is affecting the Republican president’s business interests.
The PGA of America voted Sunday to take the PGA Championship away from his New Jersey golf course next year, a move that came after social media platforms disabled Trump’s accounts and Shopify took down online stores affiliated with him.