Posted on 01/19/2017 10:01:45 AM PST by DCBryan1
When he takes the oath of office Friday, President-elect Donald Trump will carry with him a massive web of potential conflicts of interest not seen in modern American history.
The next president's ethical quandary is the result of his refusal to divest himself of a sprawling network of more than 500 properties that he has amassed in more than three decades as a celebrity entrepreneur.
At a long-awaited news conference last week, Trump dismissed the potential conflicts after his attorney laid out the broad outlines of a plan to separate himself from the day-to-day operations of his businesses.
The plan includes the establishment of a trust to be run by his two sons and a Trump Organization executive. The company will also hire an ethics advisor to clear any new domestic deals, and Trump pledged to donate any hotel profits generated from foreign governments to avoid the appearance of gifts.
But the plan doesn't go nearly far enough to head off major ethical conflicts, Walter Shaub Jr., director of the U.S. Office of Government Ethics, said last week.
The new structure, he said, is "meaningless."
(Excerpt) Read more at cnbc.com ...
Enjoy!
NBC...so the conflicts in the Clinton Foundation just didn’t concern you, eh? FUCNBC
I guess they forget that George Washington was a Yuge real estate investor.
lol. She just sold secrets and uranium.
Again, the Democrat media does not mention that presidents and vice-presidents are immune from the conflict of interest clause that pertains to other office holders. He wouldn’t have to get rid of anything, having done much more than required already. You will never hear this from the crooked Democrat media.
These people may regret voicing unfounded opinions and statements. If I were President Trump and on my payroll, they would be fired immediately.
CNBC can go sit in the corner with CNN. Nip it in the bud. Any news organization that plays games should have their press pass yanked immediately.
Quite a difference from the Clintons who didn’t even own a home of their own most of their lives.
If he’s an honest man, no problem. If he’s not and starts cheating like Hillary obviously did, he should join her in prison.
And I guess every congressman is required to sell their business, home, ect when taking office.
I mean .. if they keep their business ... anything they pass could be seen as helping that business! anything they pass could be seen as trying to increase the value of their home!
lol
laughable.
If there is a problem, it is because Trump is the first major businessman to become president in a hundred years, if not longer. So these issues simply haven’t come up before. But the spin is that it’s a problem because Trump is somehow involved in shady business deals and his goal is to enrich himself via the presidency.
The insane blathering from the nets and fish wraps has just about reached its limit.
There is not, there cannot be, any such thing as a truly blind trust. Donald J. Trump will make decisions while in office which may, in some measure, be tempered with considerations out there of how it affects his bottom line. Maybe not a lot, and negligible in terms of overall percentage of all his holdings, but it will bring down a firestorm of criticism from the so very righteous liberal minds who think that no one should be favored in their dealings with government, if they are already independently wealthy.
If you come to town POOR, that is different.
However, these same quick minds see no conflict whatsoever of having private and certain public corporations and entities “contribute” to THEIR bottom lines, in exchange for current and future “expenses”, while they are IN office. Almost all the former members of both the House and Senate retire with very healthy portfolios, after they rode into town with “practically nothing”.
And in one of the most notorious instances of all, before the Clinton Global Initiative came to their rescue, Slick and Herself were supposed to be “penniless” and “in debt” when they left the White House in 2001.
Donald J. Trump is in no way beholden to the “big money interests”. He IS the “big money”.
The Clintons and Obamas started their political careers with very little wealth, and came out at the end with millions, yet the media show no interest in that state of affairs. Trump is already rich and in his seventies, and has no motive to use government to further his financial interests. If anything, it’s costing him.
Where were the stories from them on Hillary and Bill’s millions via their two foundations?
What used to be considered regular news outlets are now not at all credible.
CNBC has a 30 minute show on tonight all about Trump, how he made his $$ and how he’s picked nothing but multi millionaires for Cabinet posts.
I’m sure it will be a very balanced, fair minded show. So sure I don’t even have to watch it.
A message to CNBC, Schoen, and the occupy wall street flunkies: ESAD. Nobody cares what you say or think.
5.56mm
More of NBC BS. Damn this idiots are stupid.
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