Trump acquired a third casino in Atlantic City, the Taj Mahal, in 1988 in a highly leveraged transaction. It was financed with $675 million in junk bonds and completed at a cost of $1.1 billion, opening in April 1990. The project went bankrupt the following year, and the reorganization left Trump with only half his initial ownership stake and required him to pledge personal guarantees of future performance. Facing "enormous debt", he gave up control of his money-losing airline, Trump Shuttle, and sold his 282-foot (86 m) mega yacht, the Trump Princess, which had been indefinitely docked in Atlantic City while leased to his casinos for use by wealthy gamblers.
Trump 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 InfoDuring his presidency, Trump ordered a travel ban on citizens from several Muslim-majority countries, citing security concerns; after legal challenges, the Supreme Court upheld the policy's third revision. He enacted a tax-cut package for individuals and businesses, rescinding the individual health insurance mandate penalty. He appointed Neil Gorsuch and Brett Kavanaugh to the Supreme Court. In foreign policy, Trump has pursued an America First agenda, withdrawing the U.S. from the Trans-Pacific Partnership trade negotiations, the Paris Agreement on climate change, and the Iran nuclear deal. He imposed import tariffs which triggered a trade war with China, recognized Jerusalem as the capital of Israel, and withdrew U.S. troops from northern Syria. Trump met thrice with North Korea's leader Kim Jong-un, but talks on denuclearization broke down in 2019.
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 InfoJournalist Jonathan Greenberg reported in April 2018 that Trump, using the pseudonym "John Barron" and claiming to be a Trump Organization official, called him in 1984 to falsely assert that he owned "in excess of ninety percent" of the Trump family's business, in an effort to secure a higher ranking on the Forbes 400 list of wealthy Americans. Greenberg also wrote that Forbes had vastly overestimated Trump's wealth and wrongly included him on the Forbes 400 rankings of 1982, 1983, and 1984.
More InfoA special counsel investigation led by Robert Mueller found that Trump and his campaign welcomed and encouraged Russian interference in the 2016 presidential election under the belief that it would be politically advantageous, but did not find sufficient evidence to press charges of criminal conspiracy or coordination with Russia. Mueller also investigated Trump for obstruction of justice, and his report neither indicted nor exonerated Trump on that offense. After Trump solicited the investigation by Ukraine of a political rival (Joe Biden, who later became his presumptive Democratic opponent in the 2020 presidential election), the House of Representatives impeached him in December 2019 for abuse of power and obstruction of Congress. The Senate acquitted him of both charges in February 2020.
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