Excerpt:
Former President Trump has been receiving a presidential pension since he left office in January, Business Insider reported Tuesday
A spokesperson for the General Services Administration confirmed to Insider that Trump has been paid $65,000 in presidential pension payments through May 14.
Former presidents are entitled to receive pensions after their terms under the Former Presidents Act, which Congress passed in 1958 largely in response to former President Truman’s financial troubles after leaving office in 1953.
Author(s): OLAFIMIHAN OSHIN
Publication Date: 18 May 2021
Publication Site: The Hill