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Trump to dissolve Trump Foundation to avoid conflict of interest
cnbc.com ^ | Dec. 24, 2016 | Javier E. David

Posted on 12/24/2016 2:19:50 PM PST by PROCON

President-elect Donald Trump announced on Saturday that he would dissolve the charity bearing his name, which has been embroiled in an ongoing controversy over potential conflicts of interest as he prepares to enter the Oval Office.

In a statement, Trump said that the Donald J. Trump Foundation has done "enormous good works over the years in contributing millions of dollars to countless worthy groups, including supporting veterans, law enforcement officers and children."

The foundation has been part of a wide ranging discussion about Trump's business and personal entanglements, which some experts have cited as being fraught with potential conflicts with his new role as commander in chief. In New York, the Trump Foundation has been under scrutiny, and was ordered in October by NY State Attorney General Eric Schneiderman to stop raising funds.

The shuttering of the charity is part of the Trump family's political offensive before the president-elect is inaugurated next month. Left open is the question of how Trump will disentangle himself from his sprawling business empire—something Trump recently stated he would address in a press conference before postponing the event.

(Excerpt) Read more at cnbc.com ...


TOPICS: Constitution/Conservatism; News/Current Events; Politics/Elections
KEYWORDS: foundation; trump; trumpfoundation
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.. a wide ranging discussion about Trump's business and personal entanglements, which some experts have cited as being fraught with potential conflicts with his new role..

Uh-huh, where were these same 'Experts' when Hillary and the Clinton Foundation were raking in millions when she served as Sec. of State?

*crickets*

Trump is making the expected and proper arrangements.

1 posted on 12/24/2016 2:19:50 PM PST by PROCON
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To: PROCON
We can expect Hillary to pontificate on this turn of events, telling the sycophantic interviewer "It's the best way to handle these situations."

Of course, no one in the media will draw any parallels to the way in which things were done in the Clinton Foundation.

2 posted on 12/24/2016 2:25:04 PM PST by COBOL2Java (1 Tim 2:1-3)
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To: PROCON

This may help as evidence when they go after Hillary....and I’m sure they will....and the wikileaks make them their own witness.


3 posted on 12/24/2016 2:32:17 PM PST by Sacajaweau
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To: COBOL2Java

The extreme and insanely corrupt nature of the left will raise the spectre of impeachment for every breath Trump takes outside the oval office. They are to be dismissed as evil, vacuous, demonic, corrupt maggots that have fed on the carcass of a nation they have deliberately sought to destroy. Their blandishments are smelly and foul. They must be consigned to the graveyard out of which they crawled.


4 posted on 12/24/2016 2:34:04 PM PST by Louis Foxwell (The Left has the temperament of a squealing pig.)
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To: PROCON
which some experts have cited as being fraught with potential conflicts with...

I learned a long time ago that an expert was just an "x" with a "pert" behind it.

5 posted on 12/24/2016 2:39:54 PM PST by Parmy (II don't know how to past the images.)
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To: Louis Foxwell

This means... Jeff is going after HRC.


6 posted on 12/24/2016 2:43:37 PM PST by txhurl (Chode: a word about taglines)
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To: txhurl

“This means... Jeff is going after HRC.”

Please, Lord! Hear Our Prayer!


7 posted on 12/24/2016 2:45:53 PM PST by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set!)
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To: txhurl

Hope you’re right - just on National Security of the Ruskies buying 20% of our uranium with a $146 million bribe.


8 posted on 12/24/2016 2:46:26 PM PST by newfreep ("If Lyin' Ted was an American citizen, he would be a traitor.")
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To: PROCON

Trump’s charity = 100% to worthy causes = crooked media outroar

Clinton’s Fake Charity = 5% to the needy = a criminal slush fund + Praise from the mainstream media


9 posted on 12/24/2016 2:55:04 PM PST by FormerACLUmember
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To: Diana in Wisconsin; txhurl

My first thought also. Any money left in the accounts can easily be turned over now to ST JUDE foundation and they can name the account in honor of DT and Eric


10 posted on 12/24/2016 2:55:14 PM PST by hoosiermama (“I will honor Christmas in my heart, and try to keep it all year.” Dicken)
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To: hoosiermama

Or, you know, *I* would be MORE than happy to hold that money for him and invest it wisely over the next 4-8 years! ;)


11 posted on 12/24/2016 2:58:26 PM PST by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set!)
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To: txhurl

I’m in complete agreement with Sessions digging deep into the Clinton corruption scheme.

She, and her supporters have been absolutely disgusting during the transition. Whatever leniency that may have been considered in an effort to avoid preoccupation with Clinton interfering with Trumps MAGA agenda I suspect is off the table.

Lock Her Up!


12 posted on 12/24/2016 2:59:30 PM PST by phoneman08 (qwiyrqweopigradfdzcm,.dadfjl,dz)
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To: Diana in Wisconsin

I’m sure many *I* would be very happy to “manage “ the generous funds they give away every year.


13 posted on 12/24/2016 3:08:07 PM PST by hoosiermama (“I will honor Christmas in my heart, and try to keep it all year.” Dicken)
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To: phoneman08

The Obama/Clinton gang can destroy their legacies as they choose. Don’trin in their attack proxies, then Jeff will make Pariahs out of them, within the RAT party.


14 posted on 12/24/2016 3:09:00 PM PST by txhurl (Chode: a word about taglines)
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To: Diana in Wisconsin

There are quite batch of Greek bonds available....
Just call Chelsea’s hubby.


15 posted on 12/24/2016 3:21:28 PM PST by ptsal
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To: txhurl

It would be a Christmas Miracle.


16 posted on 12/24/2016 3:23:23 PM PST by Golfinsocal
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To: ptsal

“Just call Chelsea’s hubby.”

If you want to lose it all, LOL! ;)


17 posted on 12/24/2016 3:24:05 PM PST by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set!)
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To: PROCON

Ok... so Trump has to dissolve HIS charity foundation just because it APPEARS it could be abused for pay to play etc....

And Hillary’s foundation WAS used for pay to play and nobody talks about it in the news.

Go figure.


18 posted on 12/24/2016 3:34:17 PM PST by Safrguns
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To: Safrguns

Hopefully the end of 8 years of opposite news is ending


19 posted on 12/24/2016 3:38:27 PM PST by goodnesswins (Say hello to President Trump)
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To: Diana in Wisconsin
Is there a Vegas betting line on the first indictment and/or the first Control-Left perp-walk?

This has to be more popular than a professional sports event.

Will that breathless announcer from Faux News (Sheppie Loafer-Lite) give a blow-by-blow commentary.

20 posted on 12/24/2016 3:44:54 PM PST by ptsal
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