NEW YORK (AP) — 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.
“I’m here to announce that the city of New York is severing all contracts with the Trump Organization,” de Blasio said in an interview on MSNBC.
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. “Inciting an insurrection — let’s be very clear, let’s say the words again — inciting an insurrection against the United States government clearly constitutes criminal activity,” he said.