Opinion | Trump's still earning money from his company. We need to know if it's clean.

  • 📰 NBCNews
  • ⏱ Reading Time:
  • 73 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 86%

South Africa News News

Opinion | Rep. Jackie Speier: President Trump's still earning money from his company. We need to know if it's clean. - NBCNewsTHINK

about the purported links.) It repeatedly extended repayment deadlines and even failed to foreclose when the project defaulted, and it was still owed $301 million when the project went bankrupt, money that left Austria for Canada and never returned, according to the bankruptcy records.

The Financial Times also reports that Shnaider might have obtained some of the funding he invested in the Trump Toronto projectCongress may need to consider legislation requiring a president to place personal business investments in a blind trust while in office. For financing of the SoHo Hotel, the Bayrock Group property developer for the project recommended an Icelandic bank, the FL Group, because, it was “,” according to a former Bayrock Group employee who sued the organization for racketeering and other complaints. Experts analyzing the case told the Daily Telegraph that the transaction with the FL Group could constitute tax fraud.

These are the projects that have paid Trump millions of dollars while he has been serving as president, and detailed allegations are abundantly available. The connections with Russians in these investments are insidiously abundant, too much so, I believe, to be a coincidence. I am sending letters to the House Committee on Oversight and Reform and the House Committee on Financial Services asking them to investigate these issues.

Congress needs to determine not just whether crimes have been committed, important as that is, but also whether the president’s business dealings have compromised him with foreign governments or with commercial entities. Congress may need to consider legislation requiring a president to place personal business investments in a blind trust while in office.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

THINK There is no law that a President or other politician cannot earn money while in office. The emoluments clause is specific to third party payments for access to your government position.

THINK “Opinon” is not factual, the news is supposed to be factual. NBC is a joke.

THINK PATRONAGE MONEY

THINK he's manipulating the stock market with his tweets... the markets go crazy and he probably rakes in the dough by short selling before the tweets then buying up the cheaper stock after it falls... wash rinse retweet

THINK Democrats are acting like Nazis. It’s going to get Trump re-elected.

THINK

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines