• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Saudi Arabia

Senators Demand Trump Disclose Business Ties to Saudi Arabia

By
Natasha Bach
Natasha Bach
Down Arrow Button Icon
By
Natasha Bach
Natasha Bach
Down Arrow Button Icon
October 18, 2018, 8:54 AM ET

Just a day after Secretary of State Mike Pompeo met with Saudi Crown Prince Mohammed bin Salman about the disappearance of Saudi journalist Jamal Khashoggi, a group of Senators is demanding answers—not about Khashoggi’s possible death at the hands of the Saudi government, but rather President Trump’s business ties to the Kingdom.

Eleven Senators, all Democrats, sent a letter to Trump and the Trump Organization on Wednesday asking for “a full accounting of any financial ties between the Trump Organization and the Kingdom of Saudi Arabia.”

The letter cites a number of public reports of various business dealings between the Trumps and Saudi Arabia, including numerous real estate sales. It goes on to highlight that a “bipartisan group of twenty-two senators” has opened an investigation and a Global Magnitsky Act determination to glean information about Khashoggi’s disappearance and possible murder.

“It is imperative that this sanctions determination,” the letter states, “and U.S. policy towards Saudi Arabia generally, are not influenced by any conflicts of interest that may exist because of your or your family’s deep financial ties to Saudi Arabia.”

We need the truth. @RealDonaldTrump and the Trump Org. must fully disclose their family business ties to Saudi Arabia.

Our response to the appalling reported killing of Jamal Khashoggi should not be affected by the Trump family’s financial ties to the Saudi gov’t. pic.twitter.com/LCncNJGmVb

— Archive: Senator Tom Udall (@SenatorTomUdall) October 17, 2018

The senators then ask Trump to provide answers and documents no later than one month from now, on November 17, including but not limited to: information about any potential business deals between the Trump Organization and Saudi Arabia; a commitment to suspend business relationships with the Saudis while the investigation is ongoing; and the termination of aforementioned relationships should the investigation reveal that senior members of the Saudi government were involved in Khashoggi’s death.

For his part, Trump has denied having any financial interests in Saudi Arabia, calling any suggestion otherwise “fake news.” But, as the Senators point out in their letter, Trump has discussed his business relationships with Saudis at length. At a 2015 rally Trump told supporters, “Saudi Arabia, I get along with all of them. They buy apartments from me. They spend $40 million, $50 million. Am I supposed to dislike them? I like them very much.”

Trump has also refused to consider halting arms sales to Saudi Arabia and emphasized that Khashoggi was not an American citizen. On Wednesday, he said that the U.S. had requested the audio and video recordings Turkey reportedly has of the incident, but called into question whether they actually exist. He later conceded that it “probably does.” He further added that he was expecting a “full report” from Pompeo upon his return from meetings with the Saudis and Turkish officials.

About the Author
By Natasha Bach
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

‘As long as the Strait of Hormuz stays closed, markets remain on a knife-edge,’ Deutsche Bank warns
PoliticsMarkets
‘As long as the Strait of Hormuz stays closed, markets remain on a knife-edge,’ Deutsche Bank warns
By Jim EdwardsMay 11, 2026
20 minutes ago
The next test of leadership is how well you manage your AI agents
NewslettersCEO Daily
The next test of leadership is how well you manage your AI agents
By Diane BradyMay 11, 2026
33 minutes ago
Top CD rates today, May 11, 2026: Lock in up to up to 4.20%
Personal FinanceBanks
Top CD rates today, May 11, 2026: Lock in up to up to 4.20%
By Glen Luke FlanaganMay 11, 2026
37 minutes ago
Today’s top high-yield savings rates: Up to 5.00% on May 11, 2026
Personal FinanceSavings accounts
Today’s top high-yield savings rates: Up to 5.00% on May 11, 2026
By Glen Luke FlanaganMay 11, 2026
37 minutes ago
This upstart stablecoin bank just won a rare OCC charter and raised $40 million. Its CEO is only 25
Bankingstablecoins
This upstart stablecoin bank just won a rare OCC charter and raised $40 million. Its CEO is only 25
By Jeff John RobertsMay 11, 2026
38 minutes ago
Sharon Shmueli, left, and Tal Shlomo, right, sit and smile
NewslettersTerm Sheet
Exclusive: Index Ventures backs Frame’s $50 million bet that employees are still cybersecurity’s weakest link
By Lily Mae LazarusMay 11, 2026
60 minutes ago

Most Popular

‘This is the way’: Elon Musk endorses Warren Buffett’s famed 5-minute plan to fix the national debt
Economy
‘This is the way’: Elon Musk endorses Warren Buffett’s famed 5-minute plan to fix the national debt
By Jacqueline MunisMay 10, 2026
22 hours ago
OpenAI CEO Sam Altman says Gen Z and millennials are using ChatGPT like a 'life advisor'—but college students might be one step ahead
Tech
OpenAI CEO Sam Altman says Gen Z and millennials are using ChatGPT like a 'life advisor'—but college students might be one step ahead
By Sydney LakeMay 10, 2026
22 hours ago
'Employers are increasingly turning to degree and GPA' in hiring: Recruiters retreat from ‘talent is everywhere,’ double down on top colleges
Future of Work
'Employers are increasingly turning to degree and GPA' in hiring: Recruiters retreat from ‘talent is everywhere,’ double down on top colleges
By Jake AngeloMay 9, 2026
2 days ago
Red flag test: former CEO explains why he rejects job candidates who say they can start right away
Success
Red flag test: former CEO explains why he rejects job candidates who say they can start right away
By Orianna Rosa RoyleMay 9, 2026
2 days ago
Trump thinks he's flying to Beijing with leverage. China spent 6 years making sure he doesn't have any
Commentary
Trump thinks he's flying to Beijing with leverage. China spent 6 years making sure he doesn't have any
By Steve H. HankeMay 10, 2026
1 day ago
Ted Cruz says the quiet part out loud: Trump accounts are Social Security personal accounts as GOP senator reveals 'dirty little secret'
Politics
Ted Cruz says the quiet part out loud: Trump accounts are Social Security personal accounts as GOP senator reveals 'dirty little secret'
By Jason MaMay 9, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.