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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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To: PROCON

And yet the Clintons still run their foundation, the one nobody thought could be a conflict of interest.


21 posted on 12/24/2016 3:47:25 PM PST by DoughtyOne (jcon40, "Are we be coming into the age of Sanity?")
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To: PROCON

I don’t recall any of them being concerned about The Clinton foundation (that was accepting bribes- I mean donations while she was running the state department)


22 posted on 12/24/2016 3:49:46 PM PST by Mr. K ( Trump kicked her ass 2-to-1 if you remove all the voter fraud.)
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To: Diana in Wisconsin

Was Chelsea’s husband aggressive and irresponsible with other’s money because he was expecting his MIL to be president?

I hope the lot of them burns in hell.


23 posted on 12/24/2016 4:22:10 PM PST by Cowgirl of Justice
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To: Diana in Wisconsin

I believe the FBI has not closed their investigation on the Hitlary’s foundation - last I read. If this has changed, then I could be wrong.


24 posted on 12/24/2016 4:25:07 PM PST by zaxtres
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To: ptsal

IBTISWYDT In before the I saw what you did there.


25 posted on 12/24/2016 4:46:40 PM PST by PhiloBedo (You gotta roll with the punches, and get with what's real.)
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To: Parmy

An expert is really just an “ex spurt”.


26 posted on 12/24/2016 4:48:21 PM PST by Cololeo
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To: PROCON

A precursor to prosecuting the Clinton Crime Foundation...


27 posted on 12/24/2016 4:58:01 PM PST by Hotlanta Mike ('You can avoid reality, but you can't avoid the consequences of avoiding reality.")
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To: PROCON
...which has been embroiled in an ongoing controversy over potential conflicts of interest as he prepares to enter the Oval Office.

Only by the Alinskyites.

28 posted on 12/24/2016 5:00:57 PM PST by facedown (Armed in the Heartland)
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To: ptsal

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

I see what you did there.


29 posted on 12/24/2016 5:03:00 PM PST by Rebelbase (ABC/NBC/CBS/MSNBC/PBS/CNN/FOX are THE LEGACY MEDIA)
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To: PhiloBedo

D’oh!


30 posted on 12/24/2016 5:03:38 PM PST by Rebelbase (ABC/NBC/CBS/MSNBC/PBS/CNN/FOX are THE LEGACY MEDIA)
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To: Diana in Wisconsin
“This means... Jeff is going after HRC.”

I hope that's correct, that he's just eliminating any grounds for accusations of double-standards regarding the two foundations (Trump/Clinton). Otherwise, it might seem that Trump was uncharacteristically caving to outside pressure, even to the detriment of the beneficiaries of the (Trump) foundation.
31 posted on 12/24/2016 5:06:28 PM PST by Steve_Seattle
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To: Cololeo

‘An expert is really just an “ex spurt”.’

A friend of mine used to call them “former drips under pressure”.


32 posted on 12/24/2016 5:39:08 PM PST by Let's Roll ("You can avoid reality, but you cannot avoid the consequences of avoiding reality" -- Ayn Rand)
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