Richard Stanley
Well-Known Member
The following excerpted article discusses the hundreds of 'international' conflicts of interest that Trump will have, even if he simply lets his kids run the Trump Global Initiative. The article does not mention the high percentage of investment the Trump Global Initiative has in Russia. Also Trump has petitioned the city of Washington D.C. to radically reduce the tax basis ($98 million to $28 million) of his new hotel there. One might think that he would have taken care of this matter before the fact of starting this endeavor, but in any case, the election has just made Trump effectively his own landlord. This, as Trump will be selecting the new head of the GSA which holds the lease on the property, the former Post Office building. How's this for "draining the swamp".
The article, and excerpt below, mention Steve Bannon's ironic role, as Bannon hypocritically produced the documentary, Clinton Cash. And Trump was making more international deals as he was running for president. But in an interview with Bannon (before Bannon came to work for Trump), Trump only mentions his Turkey deal as being a possible conflict of interest.
The article, and excerpt below, mention Steve Bannon's ironic role, as Bannon hypocritically produced the documentary, Clinton Cash. And Trump was making more international deals as he was running for president. But in an interview with Bannon (before Bannon came to work for Trump), Trump only mentions his Turkey deal as being a possible conflict of interest.
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Trump’s global business interests also make him vulnerable to legal risks, including a passage in the Constitution, known as the emoluments clause, that forbids government officials from receiving gifts from a foreign government.
A payment from a foreign official or state-owned company to a Trump hotel or other branded company could potentially violate that clause, constitutional experts said.
A group of ethics advisers, including former chief White House ethics lawyers during Democratic and Republican administrations, wrote Trump a letter Thursday urging him to sequester his business in a genuine blind trust or commit to a “clear firewall” between his Oval Office and his family.
“You were elected to the presidency with a promise to eliminate improper business influence in Washington,” they wrote. “There is no way to square your campaign commitments to the American people — and your even higher, ethical duties as their president — with the rampant, inescapable conflicts that will engulf your presidency if you maintain connections with the Trump Organization.”
The foreign deals could become an enduring target for liberals and other opponents of the Trump White House. Rep. Elijah E. Cummings (D-Md.) sent a letter last week to his counterpart on the House Oversight Committee, Rep. Jason Chaffetz (R-Utah), saying, “Trump’s unprecedented secrecy and his extensive business dealings in foreign countries raise serious questions about how he intends to avoid conflicts of interest as president.”
The conflicts have even become talking points among Trump’s top supporters. In an interview on the radio show of Stephen K. Bannon, the former Breitbart News chief who has become one of the president-elect’s key advisers, Trump volunteered that he had “a little conflict of interest” in Turkey that could affect how he would handle U.S. foreign policy there. “I have a major, major building in Istanbul. It’s called Trump Towers. Two towers, instead of one,” Trump explained.
Bannon offered Trump a chance to respond to possible criticisms: “They say, ‘Hey look, this guy’s got vested business interests all over the world. How do I know he’s going to stand up to Turkey?’” Trump did not directly respond.
[How Bannon flattered and coaxed Trump on policies key to the alt-right]
After the coup attempt, Turkey’s president, Recep Tayyip Erdogan, accused foreign leaders and top officials in the U.S. military of “siding with coup-plotters” and launched a brutal purge of Turkish critics. Turkey now jails more journalists than any country, including China, according to the Committee to Protect Journalists.
Speaking of Erdogan, Trump said during the campaign, “I do give great credit to him for turning it around,” referring to the coup attempt. Erdogan was among the first round of foreign leaders who “offered their congratulations” to Trump after the election, his transition team said Wednesday. ...
https://www.washingtonpost.com/busi...bdc2a2-ad18-11e6-a31b-4b6397e625d0_story.html
Trump’s global business interests also make him vulnerable to legal risks, including a passage in the Constitution, known as the emoluments clause, that forbids government officials from receiving gifts from a foreign government.
A payment from a foreign official or state-owned company to a Trump hotel or other branded company could potentially violate that clause, constitutional experts said.
A group of ethics advisers, including former chief White House ethics lawyers during Democratic and Republican administrations, wrote Trump a letter Thursday urging him to sequester his business in a genuine blind trust or commit to a “clear firewall” between his Oval Office and his family.
“You were elected to the presidency with a promise to eliminate improper business influence in Washington,” they wrote. “There is no way to square your campaign commitments to the American people — and your even higher, ethical duties as their president — with the rampant, inescapable conflicts that will engulf your presidency if you maintain connections with the Trump Organization.”
The foreign deals could become an enduring target for liberals and other opponents of the Trump White House. Rep. Elijah E. Cummings (D-Md.) sent a letter last week to his counterpart on the House Oversight Committee, Rep. Jason Chaffetz (R-Utah), saying, “Trump’s unprecedented secrecy and his extensive business dealings in foreign countries raise serious questions about how he intends to avoid conflicts of interest as president.”
The conflicts have even become talking points among Trump’s top supporters. In an interview on the radio show of Stephen K. Bannon, the former Breitbart News chief who has become one of the president-elect’s key advisers, Trump volunteered that he had “a little conflict of interest” in Turkey that could affect how he would handle U.S. foreign policy there. “I have a major, major building in Istanbul. It’s called Trump Towers. Two towers, instead of one,” Trump explained.
Bannon offered Trump a chance to respond to possible criticisms: “They say, ‘Hey look, this guy’s got vested business interests all over the world. How do I know he’s going to stand up to Turkey?’” Trump did not directly respond.
[How Bannon flattered and coaxed Trump on policies key to the alt-right]
After the coup attempt, Turkey’s president, Recep Tayyip Erdogan, accused foreign leaders and top officials in the U.S. military of “siding with coup-plotters” and launched a brutal purge of Turkish critics. Turkey now jails more journalists than any country, including China, according to the Committee to Protect Journalists.
Speaking of Erdogan, Trump said during the campaign, “I do give great credit to him for turning it around,” referring to the coup attempt. Erdogan was among the first round of foreign leaders who “offered their congratulations” to Trump after the election, his transition team said Wednesday. ...
https://www.washingtonpost.com/busi...bdc2a2-ad18-11e6-a31b-4b6397e625d0_story.html