Thursday, November 17, 2016

Trump’s Conflicts of Interest Without Precedent - Drew Harwell in The Washington Post

Trump has so far resisted the long-standing presidential tradition of giving his holdings to an independent manager. 

Donald Trump’s victory will force the United States to confront a series of never-before-seen entanglements over the president’s private business, debts and rocky financial history.

No laws prohibit Trump from involving himself in his private company, the Trump Organization, while serving in the highest public office.

And Trump has so far resisted the long-standing presidential tradition of giving his holdings to an independent manager, stoking worries of conflicts of interests over his businesses’ many financial and foreign ties.

Trump’s business empire of hotels, golf courses and licensing deals in the U.S. and abroad, some of which have benefited from tax breaks or government subsidies, represents an ethical minefield for a commander in chief who would oversee the U.S. budget and foreign relations, some analysts say.

The full article is available here