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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump Organization doesn't want hotel guests bothered by efforts to comply with Emoluments Clause
http://www.motherjones.com/politics/2017/05/trump-plan-avoid-emoluments-hotelIn January, Donald Trump's lawyer said that the Trump Organization would donate any profits earned at Trump hotels from a foreign government to the US Treasury. The move was supposedly an attempt to stay on the right side of the Constitution's Emoluments Clause, which prohibits US government officials from taking gifts or benefiting from foreign governments. Ethics experts noted that the pledge, issued by attorney Sheri Dillon, did not truly address this violation of the Constitution. Trump needed to divest his ownership of the hotels, they contended. And now new documents released by congressional Democrats show that Trump is not taking even his insufficient effort seriously.
Because Trump still owns his hotel properties and companies that operate hotels, anyonea person or business here or overseas, or a foreign governmentcan directly line the pockets of the US president simply by reserving rooms or renting out conference or banquet facilities at a Trump hotel. Since the inauguration, several foreign governments have rented space at the Trump hotel in Washington, DC, and foreign diplomats have reported being approached by Trump hotel staff soliciting business.
To address the emoluments issue, profits from these sort of transactions involving foreign governments are supposed to go to the US Treasury. But it's hard to determine what counts as profit. And under the plan developed by Dillon, the calculation of profit would be made by the Trump Organization itself, without independent oversight. And there would be no auditing to ensure that all money from foreign governments was covered.
How does the Trump Organization determine which foreign funds ought to be donated? Not too assiduously, it appears. The House Oversight Committee several weeks ago asked the Trump Organization for information on this process. In response, the company sent the committee a nine-page pamphlet that instructs staff at its properties on how to handle this matter. The pamphlet indicates that the Trump Organization is not enthusiastic about gathering this information and doesn't want its guests bothered by any efforts to comply with the Emoluments Clause.
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Trump Organization doesn't want hotel guests bothered by efforts to comply with Emoluments Clause (Original Post)
Miles Archer
May 2017
OP
underpants
(182,778 posts)1. This thought hit me a few days ago
We know that real estate is a great way to launder money in BIG chunks but what about hotels? Much smaller amounts but consistently there. At $700 a room (I saw that figure in another story) per night let's say there are 20 fake guests - that's $14K per night. In a week it's almost $100K at each hotel.
Are there really that many people paying up to $700 a night at all the hotels he's associated with?
Maybe so. I don't know 🤔
rogue emissary
(3,148 posts)3. Great question and line of thought.
Also, figure in that the prices of all the available rooms increases. So a room that cost $700 when the hotel is empty, may cost $850 when they "say" it's near compacity.
underpants
(182,778 posts)4. List of his hotels and properties. He has two streets named after him?
Buns_of_Fire
(17,175 posts)2. The Rumps are masters at not turning a profit.
Not on the books, that is.