President says he will block renovation project unless court decision to bar his name from being added is overturned

• Kennedy Center leaders say Trump’s name on building may avoid ‘fiscal collapse’

Donald Trump said on Tuesday that the Kennedy Center would close “immediately” and threatened to cancel a planned renovation of the institution if federal courts did not allow his name to be placed on the front of the building.

Trump’s ultimatum came shortly after the president’s handpicked board voted, again, to close the institution’s performing arts building in Washington, citing safety and financial concerns.

Center’s Trump-installed leaders also say it is on brink of bankruptcy and could close as early as Tuesday

Leaders of the John F Kennedy Center for ⁠the Performing Arts say it is reportedly on the brink of bankruptcy and could ⁠close as early ⁠as ​Tuesday.

The center’s Donald Trump-installed leaders argued that putting the president’s name on its facade may be the only way ⁠to avoid imminent and “certain fiscal collapse”, the Washington Post first reported, ​citing documents it ‌obtained.