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IPFS News Link • New York

NYC cancels its most famous son: De Blasio 'severs ALL ties' with Trump Organization...


New York City is canceling Trump by ending its long-standing contracts for the iconic skating rinks in Central Park, the park carousel and Ferry Point Golf Course in the Bronx.

Mayor Bill de Blasio announced the move on MSNBC's Morning Joe on Wednesday. The city holds three contracts with the Trump Organization which de Blasio said gives them a $17million annual profit. 

De Blasio said the Central Park contracts will be ended in a month but that it may take longer to get out of the golf course contract. 

Eric Trump, who runs the Trump Organization with his brother, said after de Blasio's announcement that the city has no right to terminate the contracts and that it would owe the Trump Organization $30million if it did.

It comes after Trump was disowned by the PGA, banned by big tech and ex-communicated by business leaders, many of whom have stopped donations to the GoP, over the riot last week. 

Deutsche Bank has vowed to stop doing business with the family after decades of controversial dealings, and on Wednesday the Professional Bank of Florida cut ties.

There are growing calls for the President to resign with just a week left in office.

Today, the House voted to impeach him over his role in the riot at the Capitol last week which resulted in five deaths and is expected to lead to hundreds of arrests.