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Documents show Trump still benefiting from his businesses.
Washington Post:
Before taking office, President Trump promised to place his assets in a trust designed to erect a wall between him and the businesses that made him wealthy.
But newly released documents show that Trump himself is the sole beneficiary of the trust and that it is legally controlled by his oldest son and a longtime employee.
...they outline that the trust’s purpose is “to hold assets for the exclusive benefit of Donald J. Trump,” who “has the power to revoke the Trust.”
The records provide documentary evidence of what ethics experts have been warning about since before Trump took office.
While Trump has promised he will observe a separation between his business and the presidency, he retains ownership of the business and will personally benefit if the business profits from decisions made by his government.
But newly released documents show that Trump himself is the sole beneficiary of the trust and that it is legally controlled by his oldest son and a longtime employee.
...they outline that the trust’s purpose is “to hold assets for the exclusive benefit of Donald J. Trump,” who “has the power to revoke the Trust.”
The records provide documentary evidence of what ethics experts have been warning about since before Trump took office.
While Trump has promised he will observe a separation between his business and the presidency, he retains ownership of the business and will personally benefit if the business profits from decisions made by his government.
Link: https://www.washingtonpost.com/politics/documents-confirm-trump-still-benefiting-from-his-business/2017/02/04/848fdd5a-eae0-11e6-bf6f-301b6b443624_story.html?hpid=hp_hp-banner-low_trust-1038am%3Ahomepage%2Fstory&utm_term=.ec5e5c0b7359
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