Former U.S. President Donald Trump visits the Versailles restaurant in the Little Havana neighborhood after being arraigned at the Wilkie D. Ferguson Jr. United States Federal Courthouse in Miami, Florida, on June 13, 2023. Axos Bank emerged as a critical financial friend when the corporate empire of former President Donald Trump was on the verge of a financial collapse, according to The Washington Post. STEPHANIE KEITH/GETTY IMAGES
When the business empire of former President Donald Trump was teetering on the edge of a financial crisis, Axos Bank emerged as a crucial financial ally, The Washington Post reports.
The bank, under the leadership of its CEO Gregory Garrabrants, extended significant loans to Trump’s businesses at a time when other financial institutions distanced themselves in the aftermath of the Capitol attack on January 6, 2021.
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