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Trumporganization

All articles tagged with #trumporganization

legal2 years ago

"Trump Counters NY's $370M Civil Fraud Penalty Demand with Call for Compensation"

New York state lawyers are seeking over $370 million in penalties from Donald Trump in a civil business fraud trial, a significant increase from the pretrial figure. Trump, who is facing multiple legal challenges, has dismissed the case as a political attack and denies any wrongdoing. The state alleges Trump inflated his net worth to banks and insurers, while Trump's defense argues there was no victim or damages and that financial statements were understood as starting points for analysis. The verdict, which will be decided by a judge without a jury, is expected by the end of the month.

politics2 years ago

"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.