Trump Org Donates $151,000 in Foreign Profits to U.S. Treasury
By Adam K. Raymond
The Trump Organization wrote a check to the U.S. Treasury last month for $151,470, an amount it said represented all profits from foreign government patronage to its hotels in 2017. Though the company announced the donation in February, the amount wasnt known until dailymail.com reported it Friday.
The donation fulfills a promise made last year to allay concerns about Trumps continued ownership stake in his company. By refusing to divest from the Trump Organization, he was at risk of violating the Constitutions foreign emoluments clause, critics said, citing the ban on federal officials accepting money from foreign governments.
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But critics say the damage is already done. With this announcement, President Trumps businesses seem to confirm that they accepted payments from foreign governments in violation of the Foreign Emoluments Clause, Rob Marus, a spokesman for the District of Columbia attorney general, said last week. The D.C. attorney general is one of several suing Trump over potential emoluments clause violations. Whether the Trump Organization donated the proceeds from those foreign emoluments is irrelevant to our case, Marus added.
http://nymag.com/daily/intelligencer/2018/03/trump-org-donates-usd151k-in-foreign-profits-to-u-s-treasury.html
Trump Org Donates $151,000 in Foreign Profits to U.S. Treasury (Original Post)
Hermit-The-Prog
Mar 2018
OP