General Chat

****There’s no federal law requiring presidents to create a blind trust, ****though most have in modern times. One notable exception: President Obama, whose assets are mostly in your more run-of-the-mill index funds and Treasury notes, which he discloses publicly.)

Even if Trump did end up setting up an actual blind trust, with an actually independent trustee, Trump would still likely be aware of many of the Trump Organization’s business dealings, given that it makes money by having companies pay for the rights to use the Trump name on buildings and products.

Yes,

The Executive Branch in the US is governed by federal laws, which require that investments, properties owned, business interests etc be put into a Blind Trust before taking Office.

Except for the President and the Vice-President.

Modern Presidents have set up Blind trusts ....... even Dubya Bush's VP Dick Cheney who had major interests in Haliburton after being their chief exec for several years before being picked by Dubya. He did have major problems in later years of office because Haliburton was a major supplier of arms and armaments to the US Government.


Trump/s problems are immensely greater than any other president in history.

Nothing is in the public domain, but it is estimated that he owns around 500 properties, businesses, investments etc, and quite a number of them are in foreign countries that the US has dealings with ........ eg, Turkey, Philippines.

Plus who knows what the ties are to Russia and investments

He HAS to completely separate himself from his businesses or face conflicts of interests around the world.

He has on report hundreds on *interests* in many other countries,,,,,,,,what a time his reps are going to have,,,,,,one mighty big headache...and I cant see him letting someone a stranger play with the empires cash. ;-) :-D.

oh, there's going to be fun and games sorting it all out!

Plus employing his children and son-in-law on government or Republican money

It wouldnt seem to be right on many levels to have his family working in the WH.!!

Unless he wants to take over and own the WH or even USA........ ;-) :-D :-D :-D

Nepotism is never a good thing in a leader. I hope wiser council prevails.

Courious I wondered if DT billionair+++ was a charity giving person.......

well seems hes not.!

Well, he's got to attend court on November 28th to defend himself against allegations of defrauding students at Trump University.
There's also a New York state investigation into Trump’s charitable foundation and a reported federal investigation into some of his advisers’ ties to Russia - and all before his inauguration as President :-S