The President still holds physical property and branding rights to his empire [Image: AP].


Donald Trump lied when he said he was fully divesting himself of his business interests – that much is clear. How does America feel about having a liar as president? Is it bringing back memories of Nixon?

It seems he is also benefiting illegally, as the licence for the Trump Organisation’s hotel in the old Post Office in Washington DC forbids an elected official from taking payments related to the building.

Meanwhile, Herr Drumpf continues to generate a lot of sound and fury over his travel ban.

Do you think he might be trying to divert attention away from his own lawbreaking?

Donald Trump maintains direct ties to his corporate empire whilst he is President, according to new documents which show he is the sole beneficiary of a revocable trust run by his children and a longtime executive.

The Donald J Trump Revocable Trust is tied to the President’s social security number as the taxpayer identification number, according to documents published by investigative nonprofit ProPublica. The trust is run by his two eldest sons and the Trump Organisation chief financial officer Allen Weisselberg.

The trust holds an alcohol licence for the Trump Organisation’s new hotel in the old Post Office in Washington DC. Yet a provision in that lease, signed in 2013, prohibits an elected official from benefiting from the federally owned building.

[Mr Trump has said] that he was fully divesting from his businesses even though he could run the country and his businesses “perfectly” as President. At the press conference, he pointed to a large pile of papers to prove he was stepping away from his empire.

The papers were later discovered to be blank and were used as a prop for the speech.

Source: Donald Trump maintains direct ties to business empire, documents show

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