Saturday, March 10, 2018

How much did they keep?

The Trump Organization has transferred $151,470 in profits earned from foreign governments to the U.S. Treasury, a company executive said on Friday.

George Sorial, the Trump Organization’s executive vice president and chief compliance counsel, said the donation made good on the company’s promise to return any profits earned from foreign governments during President Donald Trump’s administration.

“Although not a legal requirement, this voluntary donation fulfills our pledge to donate profits from foreign government patronage at our hotels and similar business during President Trump’s term in office,” Sorial said in a written statement.

  Politico
No, it's not a legal requirement. However, having the Trump organization profits from any source going to Trump while he's president, is a conflict. There are myriad benefits accruing to the president through all of his real estate holdings that he wouldn't be getting if he weren't president, and non-monetary influence factors heavily into the problem.

...but hey, do what you want...you will anyway.

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