Jan 11, 2017 · Donald Trump's attorney explains how the president-elect is turning over his business to a trust run by his sons, but he won't divest. Watch Trump's tax atto...
Jan 11, 2017 · Mr. Trump’s family business has cancelled 30 pending business deals and won’t enter into new international projects, such as licenses for new hotels that carry the Trump …
Jan 20, 2020 · Sheri Dillon, a lawyer for the Trump Organization, said in January 2017 that Trump “wants there to be no doubt in the minds of the American public that he is completely …
Jan 11, 2017 · In a long-awaited press conference, Donald Trump Sr. introduced Sheri Dillon, a lawyer at firm Morgan Lewis in Washington, D.C., who he said organized a way to "completely …
Trump ignored calls to fully separate from his eponymous company, which comprises more than 500 businesses and includes properties in nearly two dozen countries, after he was sworn in to office.
Trump has responded to repeated criticism by denying he is using the presidency to boost spending at his resorts, insisting people frequent them because “they’re the best” and calling the emoluments clause “ phony .”. “It’s not a big deal — you people are making it a big deal,” he told reporters in December 2016.
Trump has promoted his properties dozens of times while in office, mentioning them in official remarks, everywhere from the United Nations to the Oval Office, and in tweets to his more than 60 million followers, with the frequency increasing each year he’s been president.
Trump has visited his properties more than 350 times since he was sworn in to office 1,095 days ago, according to a compilation of information released by the White House.
The Secret Service spent more than $250,000 at Trump properties during a five-month period in 2017, according to documents, providing a hint of what it may have spent over the three years of his presidency. There’s no way to determine how much in total the administration is spending because no single entity tracks that money.
On Friday, Trump left for Mar-a-Lago, where he held a closed Republican fundraiser, and returned to Washington on Sunday night. Trump is losing money on many of his businesses, but revenue increased at some of the resorts he visited in 2018, according to his most recent personal financial disclosure forms.
And state-owned companies in China, Saudi Arabia and South Korea are building Trump resorts while other countries are constructing roads and donating public land for new developments — all potential violations of the Constitution.
The papers and the lawyers were there to explain how Trump would simultaneously serve in the nation’s highest office and maintain his ownership of an international business empire emblazoned with his name. Trump declared that he was “turning over complete and total control to my sons,” then had his attorney detail a six-page plan to insulate the businessman-president from potential conflicts of interest.
Trump deals can be particularly obvious ones because they often involve products with his name plastered onto them.
It contained 19 promises to do with everything from Trump placing his assets in a revocable trust to walling himself off from information about his namesake company.
The sole responsibility of the Chief Compliance Officer is to ensure that The Trump Organization businesses are operating at the highest levels of integrity and are not taking any actions that actually exploit, or even could be perceived as exploiting, the Office of the Presidency. Read the promise.
Status: Promise kept. On Jan. 19, 2017, Trump resigned from 488 business entities, according to a list made public by the Trump Organization.
Trump faces a lawsuit brought by the District of Columbia and Maryland, and another brought by a group of more than 200 Democratic lawmakers, alleging that the arrangement with hotels violates the Constitution’s Foreign Emoluments clause, which they say should prohibit him from taking payments from a foreign government.
Trump’s sons ended up scrapping a deal this month to open two hotels chains, citing the hostile political climate , The New York Times reported. Some of the hotels were planned in areas that favored Trump in the 2016 election.