President Donald Trump on Monday promised to release a detailed financial report of his personal holdings to the public before the 2020 presidential election — and the move will steal potential ammo from his Democratic rivals.
“At some point prior to the election, I’m going to be giving out a financial report of me, and it’ll be extremely complete,” he told reporters at the White House before leaving for a campaign rally in North Carolina.
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The White House did not immediately respond to a request for details.
Trump’s promise of more disclosure came amid scrutiny of Vice President Mike Pence’s stay last week at a Trump resort in Doonbeg, Ireland.
Democrats are vowing to investigate rumors of government spending at Trump properties as part of its broader probe into his finances. Trump has denied any wrongdoing and has promised to reveal his finances to prove it.
“I’m going to give out my financial condition and you’ll be extremely shocked that the numbers are many, many times what you think,” Trump said. “I don’t need to have somebody take a room overnight at a hotel.”
Trump files a lengthy report detailing his holdings with the Office of Government Ethics each year, but figures on the value of his assets, revenue taken in and how much he has borrowed are given in broad ranges.
His disclosure filed earlier this year showed he took in at least $453 million in revenue in 2018 and had at least $315 million in loans from various banks.
Trump broke with decades of precedent by refusing to disclose his tax return to the public before taking office; the president says his lawyers advised it because he was under audit. Trump handed over management responsibility of the Trump Organization to his two adult sons.
In the past, several previous presidents put their holdings into a blind trust so they wouldn’t exactly know what they owned and how public policy might impact their finances.
The Associated Press contributed to this article