Trump attracted public attention in 1978 with the launch of his family's first Manhattan venture, the renovation of the derelict Commodore Hotel, adjacent to Grand Central Terminal. The financing was facilitated by a $400 million city property tax abatement arranged by Fred Trump, who also joined Hyatt in guaranteeing $70 million in bank construction financing. The hotel reopened in 1980 as the Grand Hyatt Hotel, and that same year, Trump obtained rights to develop Trump Tower, a mixed-use skyscraper in Midtown Manhattan. The building houses the headquarters of the Trump Organization and was Trump's primary residence until 2019.
Trump's political positions have been described as populist, protectionist, and nationalist. He entered the 2016 presidential race as a Republican and was elected in a surprise victory over Democratic nominee Hillary Clinton, although he lost the popular vote. He became the oldest first-term U.S. president, and the first without prior military or government service. His election and policies have sparked numerous protests. Trump has made many false or misleading statements during his campaign and presidency. The statements have been documented by fact-checkers, and the media have widely described the phenomenon as unprecedented in American politics. Many of his comments and actions have been characterized as racially charged or racist.
More InfoOn May 16, 2020, Obama delivered two commencement speeches on behalf of the graduating youth who were not able to go to their physical graduation ceremonies due to the COVID 19 pandemic. His first speech was for part of the video streamed online program, “Show Me Your Walk H.B.C.U. Edition” virtual commencement. In his address, he spoke about systemic racism, touching on both the coronavirus pandemic, the shooting death of Ahmaud Arbery, and the fight to stay politically active saying, "The fight for equality and justice begins with awareness, empathy, passion, even righteous anger. Don't just activate yourself online, change requires strategy, action, organizing, marching, and voting in the real world like never before". His next commencement address was a part of a nationally televised event, titled Graduate Together: America Honors the High School Class of 2020 which aired on NBC.
More InfoTrump identifies as Presbyterian. He went to Sunday school and was confirmed in 1959 at the First Presbyterian Church in Jamaica, Queens. In the 1970s, his parents joined the Marble Collegiate Church in Manhattan, which belongs to the Reformed Church. The pastor at Marble, Norman Vincent Peale, ministered to Trump's family until Peale's death in 1993. Trump has described Peale as a mentor. In 2015, after Trump said he attends Marble, the church publicly stated he "is not an active member" of the church. In November 2019, Trump appointed his personal pastor, televangelist Paula White, to the White House Office of Public Liaison.
More InfoTrump was born and raised in Queens, a borough of New York City, attended Fordham University for two years and received a bachelor's degree in economics from the Wharton School of the University of Pennsylvania. He became president of his father's real-estate business in 1971, renamed it The Trump Organization, and expanded its operations from Queens and Brooklyn into Manhattan. The company built or renovated skyscrapers, hotels, casinos, and golf courses. Trump later started various side ventures, mostly by licensing his name. He bought the Miss Universe brand of beauty pageants in 1996, and sold it in 2015. Trump and his businesses have been involved in more than 4,000 state and federal legal actions, including six bankruptcies. He produced and hosted The Apprentice, a reality television series, from 2003 to 2015. As of 2020, Forbes estimated his net worth to be $2.1 billion.
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