The Economics Of President Elect Trump Staying In New York

November 22, 2016 in Daily Bulletin

Workplaces across America are becoming increasingly mobile with individuals being given the option to work from home. Trump is just the latest example of this, and Chris Isidore, Shimon Prokupecz and David Shortell took a look at some of the dollars involved:

  • Trump has a large immediate family. His children, and grandchildren all get high-level protection.
  • While they live in New York, the New York City Police Department is responsible for their safety, and it bills the federal government for the costs incurred.
  • Protecting the entire first family elect is costing the NYPD about $1 million a day.
  • This isn’t new for New York. As the home of the United Nations, the NYPD also bills the Federal Government for the protection that it provides foreign leaders as they engage in diplomacy.
  • But protecting the UN is a relative bargain with the NYPD only billing the government about $70,000 a week for the service.

Read more on CNN Money.