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Donald Trump’s Far-Flung Holdings Raise Potential for Conflicts of Interest

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Memorial to the Great War and a poser
Memorial to the Great War and a poser

More details on Trump’s walking conflicts of interest from the failing NYT:

The Trump International operates out of the Old Post Office Building, which is owned by the federal government. That means Mr. Trump will be appointing the head of the General Services Administration, which manages the property, while his children will be running a hotel that has tens of millions of dollars in ties with the agency.

He also will oversee the National Labor Relations Board while it decides union disputes involving any of his hotels. A week before the election, the board ruled against Mr. Trump’s hotel in a case in Las Vegas.

The layers of potential conflicts he faces are in many ways as complex as his far-flung business empire, adding a heightened degree of difficulty for Mr. Trump — one of the wealthiest men to ever occupy the White House — in separating his official duties from his private business affairs.

Further complicating matters are Mr. Trump’s decision to name his children to his transition team, and what is likely to be their informal advisory role in his administration. His daughter Ivanka Trump joined an official transition meeting on Thursday, the day before Gov. Chris Christie of New Jersey was removed from his post leading the effort.

Mr. Trump has said he will eliminate ethical concerns by turning the management of his company over to his children, an arrangement he has referred to as a blind trust. But ethics lawyers — both Republicans and Democrats — say it is far from blind because he would have knowledge of the assets in the trust and be in contact with the people running it, unlike a conventional blind trust controlled entirely by an independent party.

“To say that his children running his businesses is the equivalent of a blind trust — there is simply no credibility in that claim,” said Matthew T. Sanderson, a Washington lawyer and Republican who has worked on the presidential campaigns of John McCain, Rand Paul and Rick Perry. “Yes, the American public elected him knowing he has these assets, but unless he deals with this properly there will just be a steady trickle of these conflict-of-interest stories, and it could be a drag on his presidency.”

Perhaps most troubling for Mr. Trump, several ethics lawyers said, is a relatively obscure provision of the Constitution, called the Emoluments Clause, which prohibits any government official from taking payments or gifts from a foreign government, or even from sharing in profits in a company that has financial ties to a foreign government.

 Mr. Trump has had business deals with foreign governments or individuals with apparent ties to foreign governments, including multimillion-dollar real estate arrangements in Azerbaijan and Uruguay. His children have frequently traveled abroad to promote the Trump brand, making trips to Canada, the United Arab Emirates and Scotland. Closer to home, the Bank of China is a tenant in Trump Tower and is a lender for another building in Midtown Manhattan where Mr. Trump has a significant partnership interest.

(click here to continue reading Donald Trump’s Far-Flung Holdings Raise Potential for Conflicts of Interest – The New York Times.)

Perplexed By the Light Of Your Moon
Perplexed By the Light Of Your Moon

plus there is this minor detail that the Trumpsters will have to ignore or overturn:

As president, Mr. Trump will be exempt from a federal ethics rule that prohibits government employees and members of Congress from taking actions that could benefit their financial interests.

But the president still must comply with a law that requires annual financial disclosures of his assets. The first will not be due until May 2018, although President Obama filed one voluntarily during his first year in office.

Experts said that even if Mr. Trump was exempt from some federal ethics rules, the public will expect him to not use his office to benefit his personal finances.

(click here to continue reading Donald Trump’s Far-Flung Holdings Raise Potential for Conflicts of Interest – The New York Times.)

Of course, we must remember that Ms. Clinton used a private email server.

Written by Seth Anderson

November 14th, 2016 at 9:18 pm

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