Tag Archives: Trump conflict of interest issues

NY Atty. General brings on lawyer to probe Trump Admin…

New York Attorney General Eric Schneiderman is staffing up to do investigations against the current United States sitting President in the area’s of….. ‘potential conflicts of interest, and possible violations of the emoluments clause of the Constitution, which prohibits anyone holding a federal “office” from accepting payments from foreign entities.’

Schneiderman has hired  at least one of former US Atty. for the Sourthen Dist. Preet Bharara staff members to head his efforts….

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Schneiderman has tapped public-corruption expert Howard McMaster from the office of former Manhattan U.S. Attorney Preet Bharara, The Wall Street Journal reported. Bharara was fired by Trump last week even though he was in the middle of a number of investigations, including one allegedly involving stock trades by Trump’s Health And Human Services Secretary Tom Price.

Schneiderman spokesman Eric Soufer confirmed McMaster’s hiring, and told the Journal that McMaster will work on a range of “civil and criminal investigations … including public corruption,” and potentially litigation against the Trump administration.

Last month, at a meeting of the National Association of Attorneys General, Schneiderman revealed that his office was discussing strategies and doing research to determine what kind of action could be taken to address concerns about Trump’s potential conflicts of interest, and possible violations of the emoluments clause of the Constitution, which prohibits anyone holding a federal “office” from accepting payments from foreign entities.

“Certainly, my office is looking at anything that’s passed on to us and doing our own research,” Schneiderman said. “We’ve had meetings with people discussing these matters already.” But, he added that it was “premature to say one way or another how this is going to proceed.”

Schneiderman emphasized that it is “not sustainable” for Trump to “refuse to divest from all of his vast holdings and refuse to disclose what those holdings are.” Schneiderman called Trump’s situation “so far beyond the bounds of anything that anyone has ever attempted that people are having trouble coming up with a clear legal strategy to address it.”…

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Note….

A good amount of the staff and cabinet people brought on by Trump ARE from New York and have had business ties that a New York Atty. Gen could have investigative authority over….

image…New York Daily News

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Donald Trump is gonna keep making side money working his day job…

The guy WAS RIGHT….

It IS perfectly LEGAL….

Just cause EVERY other President didn’t do it doesn’t mean he has to….

Everybody EXCEPT the President cannot make money off the government….

Everybody EXCEPT the President cannot make money from outside interests that might curry influence from him….

So all this maneuvering about blind trusts and giving control of his businesses to his kids is just a shell game…

Take Trump Tower in New York City….

Anybody think the guy with his name on the building don’t know who’s IN the building?…(And therefore paying rent to HIM)?

Let’s list some of agencies OF The Federal Government paying rent….

The office of the White House…

The Secret Service…

and the Defense Dept is about to join the list…

Now it has also been reported that Trump Hotel’s in Washington DC and office space in Trump Tower also has had a rush of Foreign money connected to companies and governments drop in….

Again?

Anyone think Donald Trump does NOT know who is putting money in HIS Real Estate?

To put his assets in a true blind trust, Trump would need to liquidate his assets by selling the company and its holdings, stripping his name off his hotels and resorts, and canceling his licensing deals. [Shari] Dillon on Wednesday argued that such a plan would be impractical if not impossible. Some of her reasons boiled down to one: It would cost Trump a lot of money. She argued, for example, that if Trump sold his assets without retaining the rights to his brand, he would “greatly diminish the value of the assets and create a fire sale.” In other words, she said, the assets would be worth far less without Trump’s name on them.

But there are practical hurdles to a true blind trust even if you aren’t worried about Trump’s personal net worth. The process of selling his assets would take time, perhaps years. And because the sales would undoubtedly make headlines, Trump could easily keep track of what he still owned and what he didn’t, meaning that even then the trust wouldn’t be truly “blind.” (It would also create the strange situation of having a business named after the president of the United States but not controlled by him.)

So Dillon is probably right that a blind trust isn’t a viable option for Trump. But that doesn’t mean Americans should dismiss concerns about conflicts of interest. Those conflicts are real, whether or not they are readily avoidable. Trump owns — and does not plan to sell — assets in foreign countries. His domestic business is affected by laws and regulations — labor laws, environmental regulations, immigration policies — that Trump will control or influence. His company borrows money from banks that Trump’s administration will regulate. As my colleague Maggie Koerth-Baker wrote last week, those conflicts could influence Trump’s decisions even if he makes every effort not to let them…

To put his assets in a true blind trust, Trump would need to liquidate his assets by selling the company and its holdings, stripping his name off his hotels and resorts, and canceling his licensing deals. Dillon on Wednesday argued that such a plan would be impractical if not impossible. Some of her reasons boiled down to one: It would cost Trump a lot of money. She argued, for example, that if Trump sold his assets without retaining the rights to his brand, he would “greatly diminish the value of the assets and create a fire sale.” In other words, she said, the assets would be worth far less without Trump’s name on them.

But there are practical hurdles to a true blind trust even if you aren’t worried about Trump’s personal net worth. The process of selling his assets would take time, perhaps years. And because the sales would undoubtedly make headlines, Trump could easily keep track of what he still owned and what he didn’t, meaning that even then the trust wouldn’t be truly “blind.” (It would also create the strange situation of having a business named after the president of the United States but not controlled by him.)

So Dillon is probably right that a blind trust isn’t a viable option for Trump. But that doesn’t mean Americans should dismiss concerns about conflicts of interest. Those conflicts are real, whether or not they are readily avoidable. Trump owns — and does not plan to sell — assets in foreign countries. His domestic business is affected by laws and regulations — labor laws, environmental regulations, immigration policies — that Trump will control or influence. His company borrows money from banks that Trump’s administration will regulate. As my colleague Maggie Koerth-Baker wrote last week, those conflicts could influence Trump’s decisions even if he makes every effort not to let them….

More from a January 11, 2017 FiveThrirtyEight piece…

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Republican’s cast aside worries about Trump’s making side money in the White House…

A Huffington Post reported asked around on the question of Trump having conflict of interest problems trying to make money on his name AS THE PRESIDENT….

Republicans mostly posted NO worries about Trump’s intentions….

Leaving the Media and Democrats to keep asking about this and getting the brush off for something Hillary Clinton would surely have had HUGE problems with….

The issue is NOT going disappear though….

….[House Speaker] Ryan was asked on Wednesday how Trump should handle his conflicts of interest, Ryan’s answer was “however he wants to.”

“This is not what I’m concerned about in Congress,” Ryan told CNBC. “I have every bit of confidence he’s going to get himself right with moving from being the business guy that he is to the president he’s going to become.”

He’s not alone in that assessment. He just has no evidence that it’s true. And he doesn’t seem interested in getting proof…..

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