search
Sections List
American Journal News

Trump cannot dissolve his foundation while it is under criminal investigation

Amid Donald Trump’s many conflicts of interest is his eponymous foundation, which, while defending it, he has nevertheless now pledged to dissolve. It is the only portion of his conflicts that he has made plans to divest from completely — the others he has promised to place in a “half-blind trust” (spoiler: there is no such […]

By Dianna E. Anderson - December 28, 2016
Share
New York Democratic Attorney General Eric Schneiderman is on the side of the people, unlike the GOP
New York Democratic Attorney General Eric Schneiderman is on the side of the people, unlike the GOP

Amid Donald Trump’s many conflicts of interest is his eponymous foundation, which, while defending it, he has nevertheless now pledged to dissolve. It is the only portion of his conflicts that he has made plans to divest from completely — the others he has promised to place in a “half-blind trust” (spoiler: there is no such thing).

But it appears Trump’s one move toward clearing his entanglements may not even be possible at present: His foundation, which is based out of New York City, is currently under investigation for criminal activities, including soliciting donations when it was not legally authorized to do so. As a result, New York Attorney General Eric Schneiderman noted, through his spokeswoman, that Trump cannot dissolve his foundation until the criminal investigation is complete.

Whoops.

Trump has hailed his foundation as a model of charitable giving, even claiming, as the foundation is under investigation, that “100% of money goes to wonderful charities.”

Washington Post reporter David Farenthold has spent months doggedly investigating Trump’s claims about his foundation and found that Trump appeared to use the foundation as a secondary bank account, frequently using its funds to pay for big expenses for himself. Famously, Trump once used foundation money to pay for a six-foot tall portrait of himself at an auction. It also used money donated to the foundation to settle many of Trump’s personal lawsuits.

Additionally, Farenthold found, some donations solicited in the name of the foundation did not go to the charities specified, and many of the charities promised money from Trump never received a check.

Thus despite giving the public the impression of magnanimous philanthropy, Trump often used the foundation for self-aggrandizement and as a coffer for his own funds.

And now all that is coming back to bite him, as his attempts to finally dissolve the foundation, in a sop to demands that he address his conflicts of interest, are stymied by a criminal investigation.

Trump’s smallest and reluctant efforts to unburden himself appear to be failing. It seems that Trump, the great businessman, did not see these complications coming.


Read More
Biden on abortion rights: President expects to give speech Tuesday on new Florida 6-week ban

Biden on abortion rights: President expects to give speech Tuesday on new Florida 6-week ban

By Mitch Perry, Florida Phoenix - April 22, 2024
Biden calls for expanded child tax credit, taxes on wealthy in $7.2 trillion budget plan

Biden calls for expanded child tax credit, taxes on wealthy in $7.2 trillion budget plan

By Jennifer Shutt, States Newsroom - March 11, 2024
Biden rallies Democrats in Las Vegas: ‘Imagine the nightmare’ if Trump reelected

Biden rallies Democrats in Las Vegas: ‘Imagine the nightmare’ if Trump reelected

By April Corbin Girnus, Nevada Current - February 05, 2024
UAW delivers rousing presidential endorsement for Biden over ‘scab’ Trump

UAW delivers rousing presidential endorsement for Biden over ‘scab’ Trump

By Ashley Murray, States Newsroom - January 24, 2024
White House calls for focus on tutoring, summer school, absenteeism as pandemic aid winds down

White House calls for focus on tutoring, summer school, absenteeism as pandemic aid winds down

By Kalyn Belsha, Chalkbeat and Erica Meltzer, Chalkbeat Colorado - January 22, 2024
Trump legal problems abound as first test of 2024 presidential campaign nears in Iowa

Trump legal problems abound as first test of 2024 presidential campaign nears in Iowa

By Ashley Murray, States Newsroom and Jacob Fischler, Georgia Recorder - January 08, 2024
AJ News
Latest
GOP Rep. Zach Nunn suggests laws against hate crime aren’t needed

GOP Rep. Zach Nunn suggests laws against hate crime aren’t needed

By Jesse Valentine - April 15, 2024
GOP Senate candidate Hung Cao blames racial equity for Baltimore bridge tragedy

GOP Senate candidate Hung Cao blames racial equity for Baltimore bridge tragedy

By Jesse Valentine - March 29, 2024
GOP Rep. Jennifer Kiggans donates thousands to far-right extremists

GOP Rep. Jennifer Kiggans donates thousands to far-right extremists

By Jesse Valentine - March 08, 2024
Ohio senate candidate Bernie Moreno: “Absolute pro-life no exceptions.”

Ohio senate candidate Bernie Moreno: “Absolute pro-life no exceptions.”

By Jesse Valentine - March 07, 2024
Anti-China Republicans pocket thousands from Chinese owned conglomerate

Anti-China Republicans pocket thousands from Chinese owned conglomerate

By Jesse Valentine - March 04, 2024
Republican Eric Hovde makes inconsistent statements about family history

Republican Eric Hovde makes inconsistent statements about family history

By Jesse Valentine - February 26, 2024
Republican David McCormick invests millions in website that platforms Holocaust denial

Republican David McCormick invests millions in website that platforms Holocaust denial

By Jesse Valentine - February 09, 2024
Lawmakers will again take up bills expanding, tightening gun laws

Lawmakers will again take up bills expanding, tightening gun laws

By Annmarie Timmins, New Hampshire Bulletin - January 31, 2024
UAW delivers rousing presidential endorsement for Biden over ‘scab’ Trump

UAW delivers rousing presidential endorsement for Biden over ‘scab’ Trump

By Ashley Murray, States Newsroom - January 24, 2024
Republicans Sam Brown and Jeff Gunter sling mud in Nevada senate primary

Republicans Sam Brown and Jeff Gunter sling mud in Nevada senate primary

By Jesse Valentine - January 17, 2024
A Young Texas Woman Almost Died Due To The Texas Abortion Bans – Now She’s Battling To Save Other Women

A Young Texas Woman Almost Died Due To The Texas Abortion Bans – Now She’s Battling To Save Other Women

By Bonnie Fuller - January 10, 2024
Health care legislation preview: Maryland advocates want to focus on access, patients in 2024 session

Health care legislation preview: Maryland advocates want to focus on access, patients in 2024 session

By Danielle J. Brown, Maryland Matters - January 08, 2024
How GOP senate hopefuls try to excuse the  January 6 insurrection

How GOP senate hopefuls try to excuse the  January 6 insurrection

By Jesse Valentine - January 05, 2024
NH lawmakers will be taking up major voting bills this year. Here are some to watch for.

NH lawmakers will be taking up major voting bills this year. Here are some to watch for.

By Ethan DeWitt, New Hampshire Bulletin - January 04, 2024
Republican US Senate candidates want to make Trump’s tax cuts permanent 

Republican US Senate candidates want to make Trump’s tax cuts permanent 

By Jesse Valentine - December 22, 2023
Rand Paul went all in on the Kentucky governor’s race. It didn’t work.

Rand Paul went all in on the Kentucky governor’s race. It didn’t work.

By - December 15, 2023
Texas governor and attorney general do little to curb state’s chemical plant crisis

Texas governor and attorney general do little to curb state’s chemical plant crisis

By Jesse Valentine - December 08, 2023
Likely GOP Senate candidate Eric Hovde proposed tax hike for poorer workers and retirees

Likely GOP Senate candidate Eric Hovde proposed tax hike for poorer workers and retirees

By Jesse Valentine - December 07, 2023
Whitmer signs specific criminal penalties for assaulting health care workers into law

Whitmer signs specific criminal penalties for assaulting health care workers into law

By Anna Liz Nichols, Michigan Advance - December 06, 2023
105 Republicans voted to expel Santos for things Trump has also done

105 Republicans voted to expel Santos for things Trump has also done

By Jesse Valentine - December 05, 2023
For Texas Sen. Ted Cruz, another Trump term is another chance to kill Obamacare

For Texas Sen. Ted Cruz, another Trump term is another chance to kill Obamacare

By Jesse Valentine - December 04, 2023
Florida Sen. Rick Scott backs Donald Trump in revived push to repeal Obamacare

Florida Sen. Rick Scott backs Donald Trump in revived push to repeal Obamacare

By Jesse Valentine - November 30, 2023
Tate Reeves took donations from power company that hiked customer rates

Tate Reeves took donations from power company that hiked customer rates

By Jesse Valentine - November 06, 2023
Daniel Cameron ran on depoliticizing the Kentucky AG’s office. He made it more political.

Daniel Cameron ran on depoliticizing the Kentucky AG’s office. He made it more political.

By Jesse Valentine - November 03, 2023
Republican operatives sound every alarm on current trajectory of 2023 governor’s race

Republican operatives sound every alarm on current trajectory of 2023 governor’s race

By Adam Ganucheau, Mississippi Today - October 24, 2023
 Direct mailers distort California Democrat Will Rollins’ record 

 Direct mailers distort California Democrat Will Rollins’ record 

By Jesse Valentine - April 25, 2024
More than half of Republican Jay Ashcroft’s funding comes from outside Missouri

More than half of Republican Jay Ashcroft’s funding comes from outside Missouri

By Jesse Valentine - April 25, 2024
Assisted living home lawsuit, citations add to controversy over Hovde’s nursing home remarks

Assisted living home lawsuit, citations add to controversy over Hovde’s nursing home remarks

By Erik Gunn, Wisconsin Examiner - April 24, 2024
Ohio doctors fear effects of emergency abortion care case set to go before U.S. Supreme Court

Ohio doctors fear effects of emergency abortion care case set to go before U.S. Supreme Court

By Susan Tebben, Ohio Capital Journal - April 23, 2024
President Biden visits Prince William park to talk solar, youth involvement on Earth Day

President Biden visits Prince William park to talk solar, youth involvement on Earth Day

By Charlie Paullin, Virginia Mercury - April 23, 2024
Biden on abortion rights: President expects to give speech Tuesday on new Florida 6-week ban

Biden on abortion rights: President expects to give speech Tuesday on new Florida 6-week ban

By Mitch Perry, Florida Phoenix - April 22, 2024