CASHING OUT

Eric Trump to Suspend His Foundation

Eric Trump will suspend all operations from his Eric Trump Foundation, the Washington Post reports. "No new money will come into the ETF bank account," Trump told the Post in a Thursday email. He had previously pledged not to personally raise money for the foundation. The foundation is ostensibly a charity, but has come under scrutiny for its use of funds. An investigation by The Daily Beast found that the foundation had spent $880,000 on Trump family-owned golf resorts. Its means of fundraising were also controversial; the foundation raised money auctioning off internships, sit-down meetings with the Trump family, and most recently a coffee date with Ivanka Trump. The latter auction was cancelled after intense backlash. It raised $72,000.