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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSenate Dems say Trumps company a pass-through for income to president
Senate Dems say Trumps company a pass-through for income to president
By Darren Samuelsohn
05/18/2017 02:58 PM EDT
Senate Democrats called Thursday for President Donald Trumps company to disclose significant more details about how its been operating since its owner became president.
In a letter to the Trump Organizations new leadership, including the presidents adult sons Donald Trump Jr. and Eric Trump, Sen. Patrick Leahy and 16 other Democrats also questioned whether their company remains effectively a pass-through for income that repeatedly puts the president in violation of the Constitutions ban on accepting gifts or payments from foreign government officials or the U.S. government itself.
Citing a spate of recent media reports, the senators said Trumps pre-inauguration pledge to extricate himself from his company didnt square with his son Eric Trumps recent statement that hes giving his father business updates probably quarterly. They also challenged Trump over a trust arrangement he set up that allows him to take net income or principle from his trust whenever he wants.
It defies common sense to believe that this type of arrangement resolves the Presidents conflicts of interest, the senators wrote. It also raises serious questions regarding how such an arrangement could credibly insulate the President from unending Emoluments Clause violations.
The Democrats posed a series of specific information requests to the Trump Organization. They want to know whether the company is generating any income from federal or state governments or foreign governments, and if it is, the Democrats called on the company to say whether that money is separated and reported in a different account.
They also asked for a complete accounting of federal funds paid to the Trump Organization for space at Trump Tower or at the presidents golf courses to rent golf carts; and they pressed for an estimated value from the 38 Chinese trademarks that the Trump Organization recently obtained, as well as an additional 157 pending trademark applications in 36 countries detailed in a recent New York Times report.
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http://www.politico.com/story/2017/05/18/senate-democrats-question-trump-business-income-238564
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Senate Dems say Trumps company a pass-through for income to president (Original Post)
babylonsister
May 2017
OP
Panich52
(5,829 posts)1. Laurence Tribe says Dumpf was in violation of Constitution
on Jan 20, and every day since, because of numerous foreign entanglements.