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Foreignpayments

All articles tagged with #foreignpayments

politics2 years ago•3 min saved

"House Report: Trump's $7.8 Million in Foreign Earnings Raises Ethics Concerns"

A House Oversight Committee report reveals that Donald Trump's companies received over $7.8 million from at least 20 foreign governments during his presidency. The report, titled "White House For Sale," is based on Trump's business records and highlights payments from countries such as China, Saudi Arabia, and Qatar. These transactions may conflict with the U.S. Constitution's emoluments clause, which forbids federal officeholders from accepting benefits from foreign states without Congressional approval—a consent Trump did not seek. Eric Trump has responded by stating that profits from foreign governments were voluntarily returned to the U.S. Treasury.

via Newsweek|

##donaldtrump #emolumentsclause

politics2 years ago•2 min saved

"Documents Reveal Trump's Businesses Earned $7.8 Million from Foreign Governments During His Presidency"

A House Oversight Committee report alleges that former President Donald Trump received at least $7.8 million from foreign governments through his businesses during his presidency, potentially violating the Constitution's foreign emoluments clause. The report, which Democrats say is based on a limited set of documents from Trump's former accounting firm Mazars, claims that Trump did not seek Congressional consent for these payments from countries including China, Saudi Arabia, and others. Despite legal challenges and incomplete records, the report provides evidence of substantial foreign spending at Trump's properties while he was in office, raising ethical and constitutional concerns. Trump's 2024 presidential campaign has not commented on the findings.

via NBC News|

##emolumentsclause #ethics

politics2 years ago•4 min saved

"House Report: Trump's Businesses Earned Millions from Foreign Deals During Presidency"

A House Oversight Committee report revealed that Donald Trump's businesses received $7.8 million from foreign governments during his presidency, potentially violating the Constitution's foreign emoluments clause. The payments came from 20 countries, with China and Saudi Arabia being the largest contributors. The report suggests these payments were made while the countries were engaging with the U.S. on foreign policy objectives. The investigation into these alleged violations was halted by the Republican-led House Oversight Committee in 2023. The report recommends Congress to adopt measures to prevent future violations of the emoluments clause.

via The Washington Post|

##emolumentsclause #foreignpayments

politics2 years ago•3 min saved

"Report Alleges Trump's Businesses Earned Millions from Foreign Governments, Including China, During His Presidency"

A report by House Oversight Democrats alleges that former President Donald Trump received $7.8 million from foreign governments, including $5.6 million from China, during his presidency, potentially violating the Constitution's Emoluments Clause. Trump did not divest from his businesses while in office, raising concerns about the influence of foreign payments on U.S. policy. The report suggests that the actual amount received could be much higher and contrasts these findings with the lack of evidence in the Republican-led impeachment inquiry into President Joe Biden's family business dealings.

via Rolling Stone|

##china #emolumentsclause