Hand it off to the kids in a term trust. They’re going to wind up with it anyway.
find two lawyers who say that say he can.
I hate the media
Well, he’s actually effin wrong.
The exclusions are the President and V.P.
Besides, if he steps down from Trump Enterprises the point becomes moot.
wanna bet?
I hope the lease gives him the ability to assign yet to his kids. If not, yes, it will be quite a legal battle. They are going to spend four years trying to destroy his business.
Imagine them declaring the lease void and trying to take advantage of all the money he put into the building.
That’s.one GWU professor who won’t get any more grants.
He should just put it into the Trump Family Trust, and let his spouse run it while he is in office. She could give speeches for $1M, and set aside money for Barron’s wedding.
The MSM has no problem with that model based on what I’ve seen.
Carping. Trump, Inc., will hold the lease, not Donald himself. For the interim, the operations of Trump, Inc., will be administered by the Trump children. Not exactly a blind trust, but then, what occupant of the White House has EVER had a completely blind trust?
Everybody familiar with the operation knows who the players are.
Executive order says he can do it!
Funny how foreign donations to the Clinton Foundation have almost completely ceased. The Trump International Hotel was shunned by the NBA and other politically correct liberals. Now it is being booked solid by foreign diplomats. These are the same foreigners who once donated to the Clinton Foundation. The Arabs are not terribly subtle.
Note that this #fakenews story leaves out the part of the indicated clause that makes it inapplicable to shareholders in a public corp. As long as the trump company signing the lease is a public corp, with DT a shareholder of that corp, the clause does not apply.
Just another example of the #fakenews media giving the public half truths.
If the contract says he can't hold the lease, then he can't hold the lease.
Hey, he will be the PRESIDENT...stuff like this didn’t stop Obama. All trump has to do is use his phone and his pen! Enjoy it Democrats!!!! You set the precedent.
The relevant section seems to be here:
in section VIII (GENERAL) paragraph 3:
“no member of Congress shall be admitted to any share of part of any contract ...”
The President is not a member of Congress. The VP is, of course, a member of the Senate, so this section would have applied to Pence, but the section as written does not apply to Trump.
The solution is simple. Open the contract and modify it to account for Trump's election.
“The contract between GSA and the Trump Organization specifically says that no elected official of the United States government shall be party to, share in, or benefit from the contract,” he says, citing clause 37.19 of the contract.>>>>>>>>>>>>>>>>>>>>>>
Well, well. Schooner is acting in bad faith. The specific clause can easily be re-negotiated in a few days.And who will have standing to vacate the lease via a court order ? I can see the new AG renegotiating this lease clause in good faith, not as Schooner indicates.The specfic clause was not within the parties reasonable contemplation that Trump would be an elected official, but then Trump is not the lessee. A corporation is.A very different kettle of fish
as you will see.
This law professor should get a failing grade. 37.19 has an exception for shareholder of “another entity” if the lease is for the general benefit of the other entity.
Just read it. Don’t see how it applies to Trump.
The stoopid. It hurts.
Forget it Jake, it’s NPR