The president shared new updates on his latest D.C. renovation project this week, boasting once again about painting the landmark water feature "American Flag Blue"

Donald Trump’s self-proclaimed dealmaking instincts may be due for a tune-up. The contractor hired for Trump’s makeover of the Lincoln Memorial Reflecting Pool is charging the government a jaw-dropping profit margin,

The firm that was given a no-bid contract to fix the troubled landmark is charging 20 percent. The typical profit margin is 6 percent to 12 percent, internal records show.

Trump shares photos of the Lincoln Memorial Reflecting Pool renovation, saying the upgraded project should be completed before July Fourth in time for America's 250th anniversary.

Atlantic Industrial Coatings charged 20 percent in their successful bid, higher than the typical figure for similar federal construction contracts