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originally posted by: sunShines
The case is good, but they can't sue Trump because back in January 19, 2017 he no longer owns any of his previous businesses. They were passed to his sons.
money.cnn.com...
originally posted by: bigfatfurrytexan
a reply to: 3NL1GHT3N3D1
I thought him losing $400mil in personal value last year proved he was a terrible businessman. Now hes enriching himself with emoluments.
The narrative changes when the wind blows
originally posted by: sunShines
The case is good, but they can't sue Trump because back in January 19, 2017 he no longer owns any of his previous businesses. They were passed to his sons.
money.cnn.com...
originally posted by: howtonhawky
Was there something in the ruling that limited to one specific hotel or hotels?
originally posted by: timequake
a reply to: Sillyolme
His weekend trips to trump properties is paid for with your taxes. That money paid to trump properties goes right in trumps pocket.
Even if that were true, that isn't illegal nor is it unconstitutional. That isn't an emolument. If wasting tax payer money is one's concern, then this taxpayer funded lawsuit is a complete waste of money used for political attacks. That is essentially what this amounts to.
originally posted by: sunShines
Trump doesn't own a business and I would pay you a million dollars if you can prove otherwise.
originally posted by: FyreByrd
originally posted by: sunShines
Trump doesn't own a business and I would pay you a million dollars if you can prove otherwise.
The you owe me a million dollars:
www.citizenvox.org...
But it's off topic.
Trump presidency
Donald Trump relinquished his role as chairman and president of the Trump Organization after being elected as U.S. President. His two adult children and three others stayed on as key executives.[21]
On January 11, 2017, Trump announced that he and his daughter Ivanka would resign all roles within The Trump Organization, while his two oldest sons Donald Jr. and Eric would remain to run the various businesses along with existing Chief Financial Officer Allen Weisselberg.[22]
Trump retained his financial stake in the business, despite having offered during the campaign to put all his assets in a "blind trust" should he win the presidency.[23][24] His attorney at the time, Sheri Dillon, stated that Trump's assets would be overseen by an ethics officer, and that the Trump Organization will not pursue any new foreign business deals.[25]
Under the pre-inaugural management agreement, Forbes magazine reported in March 2017:
The Trump Organization has curtailed some of its international work, pulling out of deals in Azerbaijan, Georgia and Brazil, while pledging to do no new foreign deals (though it has apparently resurrected an old deal in the Dominican Republic). Trump’s international hotel licensing and management business only makes up $220 million of his estimated $3.5 billion fortune, but it’s the most dynamic part of the Trump portfolio—and it throws off chunks of cash with virtually no risk. As the Trumps have wound down some international deals, they continue to push forward with new domestic agreements.
Eric Trump, in the Forbes article, discussed the "clear separation of church and state that we maintain" between the business and his father and said that with his father's U.S. Presidency and related changes "[y]ou could look at it either way" in terms of business prospects. He also said that "he will continue to update his father on the business while he is in the presidency ... 'probably quarterly ... profitability reports and stuff like that'". The article quoted Larry Noble, general counsel of the nonpartisan Campaign Legal Center and a former chief ethics officer at the Federal Election Commission, and President George W. Bush’s former chief ethics lawyer, Richard Painter, as looking negatively at such multiple planned updates of President Trump per year.[26] Noble said in part "if he is now going to get reports from his son about the businesses, then he really isn’t separate in any real way” and Painter said in part "at the end of the day, he owns the business. He has the conflicts that come with it.”[26]
Also in March 2017, Forbes did a listing of all "36 mini-Trumps", as it termed the domestic and international partners—often described as "billionaires"—with whom The Trump Organization has worked over the years. Introducing the listing, the magazine reported that at least 14 of the partners attended the President's inauguration and some of them paid for $18,000-a-night accommodations at the Trump International Hotel in Washington, D.C. for the event.[27]