US Politics in Trump era
Russian government bank financed asset sale with Trump partner
A state-run Russian bank financed an asset sale in 2010 involving President Trump's partner in a Toronto hotel, The Wall Street Journal reported Wednesday. Trump's partner, Russian-Canadian developer Alexander Schnaider, pumped money into Trump's Toronto hotel after selling his company's share in a Ukrainian steelmaker. The Russian bank Vnesheconombank (VEB) provided the money for the sale, according to the Journal — a transaction worth about $850 million.