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President Donald Trump walks to greet supporters after arriving on Air Force One at the Palm Beach International Airport to spend part of the weekend at Mar-a-Lago resort on February 17, 2017, in West Palm Beach, Fla. (Joe Raedle/Getty Images)

President Trump had a lot to say about President Obamas vacations and his costs to American taxpayers. Yet, a new report confirms that Trumps travel costsmade more exorbitant because of his refusal to stay in the White House on weekendsis on track to far surpass that of Obama.

The Washington Post estimates that if the Trump familys elaborate lifestyle continues at the clip it racked up during the first month of his presidency, he will spend hundreds million more than his predecessor.

The Post reports that Trumps three trips to the Mar-a-Lago resort in Florida since the inauguration cost approximately $10 million in travel, security and more. President Obama spent roughly the same in travel ($12 million) for an entire year.

Because President Trump has such a large family, their security adds to the astronomical costs as well as well.

The costs of guarding the Trump Tower in New York City where the first lady, Melania Trump and Trumps youngest son Barron live, is estimated to cost $183 million a year. New York Senator Chuck Schumer says he wants the federal government to recoup these costs to New York City and State. The Post also reports that Eric Trumps trip to Uruguay ran $100,000 in hotel fees for Secret Service personnel.

This in addition to the $1.5 million a year to rent appropriate space for authorities in the Trump Tower, if the Pentagon decides to prepare for the commander-in-chiefs possible to return to his Manhattan residence.

Conversely, Obamas travel expenses were calculated at about $97 million for his two years in office.

Read more at the Washington Post.

Originally posted here:
Trump's Exorbitant Travel Costs Will Far Surpass Obama's - The Root

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Former President Barack Obama may need some additional cash flow to get the Obama Presidential Center built in Chicago, according to a report.

Former President Barack Obama may need some additional cash flow to get the Obama Presidential Center built in Chicago, according to a report.

The architects said the center needs an endowment of $1.5 billion, three times more than the amount raisedfor George W. Bush's presidential center that opened in Dallas in 2013, Page Six's Richard Johnson reports.

They attributed the high cost to the construction of both a library and museum. The architects said the expected $200 millioncost of the buildings themselves likely will be closer to $300 million.

They noted Obama declined to do much fundraising for the center while still in office,Johnsonreports. Sources told NBC 5Obama is about to begin a major fundraising effort for the project.

Obama returned to Chicago last week for the first time since he left office to hold meetings with community leaders and others involved in the Obama Foundation.

A military C-5 aircraft arrived in Chicago Thursday morning, bringing with it a shipment of Obamas belongings for the library.

Valerie Jarrett told the Chicago Sun-Times the president is eager to hear suggestions from community members to bring opportunities to the area.

Representatives of the former president and first lady said this monthan agency was hired to assist the couple with speaking gigs, as well as lawyers to handle their book deals.

Published at 11:18 AM CST on Feb 20, 2017

Original post:
Obama's Library Architects Say Project May Need $1.5 Billion: Report - NBC Chicago

Another opportunity to shed light and love on former President Barack Obama happened Monday (Feb. 19) when Morehouse College helped led a celebratory movement with the replacement of Presidents Day for Obama Day.

READ Barack Obamas Vacation Pics Will Brighten Your Life

Presented by NewsOne,conversations on Obamas legacy, as well as the influence of former first lady Michelle Obama, were highlighted at the historic institution by author and academic Michael Eric Dyson, activist Michaela Angela Davis, New York Magazines Rembert Browne, Jamilah Lemieux of Interactive One and more. From panels on the Affordable Care Act to Obamas connection to people of color, no topic went overlooked. The same happened online as those who supported the former POTUS praised his legacy online.

Obama also saw another accomplishment when he was named the 12th best president among historians. For the first time, Obama was eligible for the CSPAN-headed survey which asks 91 historians to rate the previous 43 presidents across ten categories. The categories include, Public Persuasion, Crisis Leadership, Economic Management, Moral Authority, International Relations, Administrative Skills, Relations with Congress, Vision/Setting An Agenda, Pursued Equal Justice for All, and Performance Within the Context of His Times. Bill Clinton landed at 15, George Bush at 20, the late John F. Kennedy at 8 and Abraham Lincon at number 1.

People also took to the streets forNot My Presidents Day, a rally featuring those against President Donald Trump. CNN reports demonstrations took place in New York, Chicago, and Los Angeles to continue the momentum of the historic Womens March in January.

You can check out the rest of the presidential ranking list here and a portion of Morehouses Obama Day event above.

READ Goals: Here Are 14 Of Barack & Michelle Obamas Cutest Moments

Excerpt from:
Morehouse Flips Presidents' Day To 'Obama Day' - Vibe

The Obama 'Fiduciary Rule' Is Helping American Savers Wall Street Journal (subscription) When the Labor Department finalized the conflict-of-interest rule last April requiring retirement advisers to act as fiduciaries, some industry groups issued dire warnings. Upending the existing business model, they claimed, would cause American ...

See original here:
The Obama 'Fiduciary Rule' Is Helping American Savers - Wall Street Journal (subscription)

posted at 5:21 pm on February 20, 2017 by John Sexton

NBCs Katy Tur interviewedGOP Rep. Francis Rooney today about how tough (or not) President Trump would be toward Russia. When Rep. Rooney brought up former President Obamas 2012 statement, to Russian President Dmitry Medvedev, that he would havemore flexibility after his re-election, Tur said she didnt know the incident to which Rooney was referring.

I think hell treat Russia more firmly than Obama, Rep. Rooney said early in the exchange. Asked by Tur why he had that confidence, Rooney replied, Hes got a lot of conservative people in the government. Rooneywent on to say that keeping America strong and safe meant, dealing with Russia.

Tur challenged the congressmansaying, He also has a number of people that werein his administration until last week who were friendly with Russia. General Mike Flynn being one of them. Glancing down at her notes, Tur continued, His former campaign CEO was Paul Manafort whos got ties to Russia. His Secretary of State was given the Medal of Friendship by Russia. You say theres a lot of conservatives who are going to push back on Russia but I see a lot of folks within Donald Trumps administration who have a friendlier view of Russia than maybe past administrations did, Tur said.

Well, I think it was Obama that leaned over to Putin and said Ill have a little more flexibility to give you what you want after the reelection,' Rep. Rooney responded.

Tur replied, Im sorry I dont know what youre referring to congressman.

Remember when he leaned over at a panel discussion or a meeting and he said Ill have more flexibility after the election. No one every really pushed the President on what he meant by that but I can only assume, for a thug like Putin, that it would embolden him, Rooney said.

Rooney is referring to a widely reported incident in March 2012 when President Obama was caught on a hot mic speaking with Russian President Dmitry Medvedev. Obama said, This is my last election. After my election, I have more flexibility. Medvedev replied, I understand. I transmit this informationto Vladimir.

The fact that Rep. Rooney mistakenly put Putin in the roomrather than Medvedev doesnt really help explain Turs failure to recognize this incident. Anyone who was paying attention to the news in 2012 would have heard about Obamas widely reported flexibility remark.

The issue which Obama apparently wanted flexibility on was a missile defense system in eastern Europe. Obama had previously been criticized in 2009 for cancelling a missile defense system the Bush administration had planned to install in Poland. In 2012, when Obamamade the comments caught on the hot mic, there was some concern he was abandoning any future missile defense in eastern Europe. But in 2016, after Russias annexation of Crimea, a missile defense system was set up in Romania.

Heres the exchange between Tur and Rep. Rooney. This clip courtesy of Mediaite:

Finally, this Associated Press clip shows the hot mic exchange between Obama and Medvedev:

Read more here:
Katy Tur not familar with Obama's 'more flexibility' remarks to Russia - Hot Air