President Donald Trump may not have made the payments that will help him pay $8.5 million in credit card and debit card fines, but the president has said that’s “likely.”
“We are hopeful that the president is going to make the payments, and we’re hopeful that it will be done soon,” said Richard Tofel, a spokesman for the Trump Organization.
Trump’s lawyers have been negotiating with banks over the past two weeks about the payments.
The $8 million was one of the largest payments the president had ever received in credit cards or debit cards in a single month.
It came after Trump took office in January.
The payments are required by law.
Trump’s attorneys had threatened to sue the banks over their refusal to comply with the payments and sought more than $2 billion in damages.
Trump has since agreed to pay the banks $2.3 billion.
The White House had sought a judge to block the payments for a year, but that effort was blocked by a federal judge.
It also had sought the banks to reimburse the president’s legal fees and expenses for legal work.
The court ultimately rejected both requests.
The companies involved in the dispute said they would not pay the payments if Trump is unable to make them.
The companies included Amazon, Target, Macy’s, Best Buy and Home Depot.