7,819. 5/18/2017

CONFLICT OF INTERESTS/TRUMP AS PRESIDENT/TRUMP BUSINESS: “Senate Democrats called Thursday [5-18-17] for President Donald Trump’s company to disclose significant more details about how it’s been operating since its owner became president.
In a letter to the Trump Organization’s new leadership, including the president’s 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 Constitution’s 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 Trump’s pre-inauguration pledge to extricate himself from his company didn’t square with his son Eric Trump’s recent statement that he’s 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.”

-Darren Samuelsohn, “Senate Dems say Trump’s company a ‘pass-through for income’ to president,” Politico, May 18, 2017 2:58pm

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