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Trump's businesses barred from bailout money in Senate coronavirus bill
NBC news ^ | 03/25/2020 | Allan Smith

Posted on 03/25/2020 4:12:52 PM PDT by ding_dong_daddy_from_dumas

President Donald Trump will not be eligible for any federal assistance stimulus package that the Senate agreed upon early Wednesday morning, draft text of the bill showed.

That draft text includes a provision to prohibit businesses controlled by the president, vice president, members of Congress, heads of executive departments and their immediate family members — spouses, children and in-laws — from receiving loans or investments from Treasury programs as part of the stimulus package.

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


TOPICS: Extended News; Government; Politics/Elections
KEYWORDS: conoavirus; stimulus; trump
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As I predicted. I believe Trump employees (and others) are just as vulnerable to this shutdown as any other workers.

Trump was asked during Sunday's White House coronavirus task force press conference if he would commit that none of the stimulus money would go toward his business. The president then lamented that "nobody cared" or said "thank you very much" that he has forgone the president's annual salary in excess of $400,000.

1 posted on 03/25/2020 4:12:52 PM PDT by ding_dong_daddy_from_dumas
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To: ding_dong_daddy_from_dumas

I have a feeling that Trump can fix this problem by using a court of law. It is purely political and illegal.


2 posted on 03/25/2020 4:23:21 PM PDT by Revel
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To: ding_dong_daddy_from_dumas
That draft text includes a provision to prohibit businesses controlled by the president, vice president, members of Congress, heads of executive departments and their immediate family members — spouses, children and in-laws — from receiving loans or investments from Treasury programs as part of the stimulus package.

I haven't see the last phrase (and their immediate family members — spouses, children and in-laws) in any language. If it's there and survives, the Deep State and their corrupt politicians will achieve a big win

3 posted on 03/25/2020 4:25:00 PM PDT by centurion316 (.)
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To: Revel
I have a feeling that Trump can fix this problem by using a court of law. It is purely political and illegal.

Political? Almost certainly. Illegal? No. The law covers Trump, Pence, senior members of the administration, and all members of Congress so it'd be hard to make a case its illegal.

4 posted on 03/25/2020 4:30:17 PM PDT by DoodleDawg
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To: ding_dong_daddy_from_dumas

Pelosi husband’s financial company still is safe...


5 posted on 03/25/2020 4:33:06 PM PDT by 2banana (My common ground with islamic terrorists - they want to die for allah and we want to kill them.)
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To: DoodleDawg

Trump no longer runs the business. He runs the country. His kids run the business. Are they also mentioned in the bill?


6 posted on 03/25/2020 4:33:10 PM PDT by Oshkalaboomboom
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To: ding_dong_daddy_from_dumas

Civilian Trump and Trump Inc. must employ a vast amount of workers worldwide and the DNC says FU because of Trump?


7 posted on 03/25/2020 4:35:29 PM PDT by shanover (...To disarm the people is the best and most effectual way to enslave them.-S.Adams)
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To: ding_dong_daddy_from_dumas
vice president, members of Congress, heads of executive departments and their immediate family members

Give us the names of all the businesses that fall under that brought umbrella.

8 posted on 03/25/2020 4:35:48 PM PDT by Michael.SF. (Youth, speed and energy can always be overcome with experience and treachery.)
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To: ding_dong_daddy_from_dumas

Equal Protection under the Law. Cough, cough...

Is Hunter Biden exempt?


9 posted on 03/25/2020 4:37:11 PM PDT by Kickass Conservative (Kill a Commie for your Mommy.)
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To: ding_dong_daddy_from_dumas

I understand Congress is likewise except. But there’s been specific verbiage added which is clearly directed at Trump’s “In laws”. We’ll have to wait to see if they’re stupid enough to leave it in.


10 posted on 03/25/2020 4:38:45 PM PDT by moehoward
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To: Oshkalaboomboom
That draft text includes a provision to prohibit businesses controlled by the president, vice president, members of Congress, heads of executive departments and their immediate family members — spouses, children and in-laws — from receiving loans or investments from Treasury programs as part of the stimulus package.

I don't know if the "draft text" will be changing, but that's what the article says.

11 posted on 03/25/2020 4:39:50 PM PDT by ding_dong_daddy_from_dumas (Mozart tells you what it's like to be human. Bach tells you what it's like to be the universe.)
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To: 2banana
Doesn't look like it:

president, vice president, members of Congress, heads of executive departments and their immediate family members

The Pelosi's are big investors in wineries, hotels (Carnero's Inn) and restaurants in Napa Valley, IIRC. All those business should be exempt as well

12 posted on 03/25/2020 4:40:03 PM PDT by Michael.SF. (Youth, speed and energy can always be overcome with experience and treachery.)
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To: Oshkalaboomboom

After reading more of the text I see they do include his kids. What a shame. I wonder who they think is going to get hurt if the Trump empire collapses. Trump? Have you ever heard of an ex POTUS living in poverty? His family? I’m sure they have made provisions for themselves. The thousands of people who either work for or supply the Trump organization? That’s more like it. Ruin innocent lives for spite.


13 posted on 03/25/2020 4:40:14 PM PDT by Oshkalaboomboom
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To: ding_dong_daddy_from_dumas

He could build a case that since his children are grown, his immediate family is Melania and Barron.

This, however, is a cheap shot at him to try to destroy him.

God will step in and save the day. I am constantly amazed at how everything the dems throw at him ends up blowing up in their faces.


14 posted on 03/25/2020 4:47:27 PM PDT by metmom (...fixing our eyes on Jesus, the Author and Perfecter of our faith...)
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To: Michael.SF.

Yeah that’s what I’ve heard, all businesses owned by politicians will not be allowed any help from this 2 trillion dollar scam. ....


15 posted on 03/25/2020 4:51:56 PM PDT by redshawk ( I want my red balloon. ( https://youtu.be/V12H2mteniE))
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To: ding_dong_daddy_from_dumas

The only one (past and present politicians) in all of DC who does not use his position for financial gain.


16 posted on 03/25/2020 4:59:57 PM PDT by RasterMaster ("Towering genius disdains a beaten path." - Abraham Lincoln)
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To: RasterMaster
The only one (past and present politicians) in all of DC who does not use his position for financial gain.

The left will try to smear Trump any way they can. From the beginning they were trying out the "domestic emoluments" clause art. II, § 1, cl. 7. I will be surprised if that doesn't come up in the stimulus debates. Maybe it already has.

17 posted on 03/25/2020 5:14:42 PM PDT by ding_dong_daddy_from_dumas (Mozart tells you what it's like to be human. Bach tells you what it's like to be the universe.)
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To: ding_dong_daddy_from_dumas

Equal justice under the law ... is a meaningless bromide to the Progressive insurgents.


18 posted on 03/25/2020 5:15:00 PM PDT by TigersEye (MAGA - 16 more years! - KAG)
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To: ding_dong_daddy_from_dumas

Anyone whose job has anything to do with Trump property will not get any money.

i dont think Pres and his family has booked an entire floor at a hotel.. for their friends.. nor took 2, 3 planes to go on vacation, taking all their friends...imagine if they tried that!


19 posted on 03/25/2020 5:16:35 PM PDT by frnewsjunkie
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To: ding_dong_daddy_from_dumas

But as we all know the laws only apply to republicans so the left will get all the bailouts they want.


20 posted on 03/25/2020 5:19:05 PM PDT by McCarthysGhost (q)
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