Donald and Melania Trump meet with business leaders at Trump National Golf Club in Bedminster, New Jersey on Aug. 7, 2018. Photo: Reuters/Leah Millis
New Jersey's attorney general is attempting to rescind the Trump National Golf Club's liquor license over a 2015 car wreck that allegedly resulted from the club over-serving alcohol to a guest, the Washington Post reports.
Why it matters: If one of President Trump's golf clubs loses its license, New Jersey law requires his two other clubs in the state to lose their ability to serve alcohol for two years. The loss could lead to a significant drop in revenue for the Trump Organization.
The bottom line: The National Club's revenue dropped 5% in 2018, per the Post. The president's company has 30 days from the Oct. 21 post date to challenge New Jersey's license revocation order.