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No Title of Nobility shall be granted by the United States: And no Person holding any Office of Profit or Trust under them, shall, without the Consent of the Congress, accept of any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or foreign State.
The Constitution says that no elected official can take an “emolument” of “any kind whatever” from a king, prince, or foreign state. The restriction, known as “the Emoluments Clause,”is intended to prevent political officials from receiving gifts from foreign governments.
originally posted by: links234
Trump is likely to violate the emolument clause of the constitution if he takes the Oath of Office in January without removing himself from his business.
No Title of Nobility shall be granted by the United States: And no Person holding any Office of Profit or Trust under them, shall, without the Consent of the Congress, accept of any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or foreign State.
An emolument is defined as 'a salary, fee, or profit from employment or office.'
A few links on this; Donald Trump and the Emoluments Clause, explained
Trump's International Business Dealings Could Violate The Constitution
Does the Constitution put limits on a president’s private business ties?
Here’s Why Trump’s Business Interests Could Trigger A Constitutional Crisis
If he continues earning money from his private business while in the office it will violate the constitution unless congress exempts him from it, which would be unprecedented for the nation.
originally posted by: links234
The keyword is emolument.
The emolument is Trump's salary as CEO of his private business. If he continues to receive his salary as CEO of The Trump Organization (which is an international business) then he violates the constitution.
It's not simply a matter of 'the kids' running the business. Trump would have to divest himself entirely from his business, liquidate his assets and place them in a blind trust, meaning he has no idea what his business is doing while he's president. He can't hold foreign diplomatic meetings while his daughter (who is running his business) sits in, he can't receive a salary as CEO of The Trump Organization while simultaneously receiving $1 salary as POTUS.
originally posted by: links234
The keyword is emolument.
The emolument is Trump's salary as CEO of his private business. If he continues to receive his salary as CEO of The Trump Organization (which is an international business) then he violates the constitution.
It's not simply a matter of 'the kids' running the business. Trump would have to divest himself entirely from his business, liquidate his assets and place them in a blind trust, meaning he has no idea what his business is doing while he's president. He can't hold foreign diplomatic meetings while his daughter (who is running his business) sits in, he can't receive a salary as CEO of The Trump Organization while simultaneously receiving $1 salary as POTUS.