President Donald Trump defended the idea of hosting next year's G-7 summit at his Miami golf resort, extolling the amenities of his club and insisting he would not profit off the venture, NBC News reported.
"I'm not going to make any money," Trump said at a Monday news conference at the G-7 in Biarritz, France. "I don't care about making money."
But the president, after saying his team surveyed a dozen possible sites for the summit, pointed to his golf club's "series of magnificent buildings." Trump said each member country "can have their own villa, or own bungalow" and praised some features like the "incredible conference rooms" and "great restaurants."
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Trump also repeated an assertion he made before a group of Pennsylvania workers earlier this month, claiming the presidency has cost him "$3 to $5 billion." He added: "At some point, I'm going to detail that."
The Washington Post has reported that profits at the resort are down since 2015, according to Trump's federal disclosures.