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  1. #1
    Senior Member JohnDoe2's Avatar
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    Trump Plans To Dissolve His Foundation; N.Y. Attorney General Pushes Back

    Trump Plans To Dissolve His Foundation; N.Y. Attorney General Pushes Back

    December 24, 20166:31 PM ET
    MAGGIE PENMAN



    President-elect Donald Trump said he "intends to dissolve" the Donald J. Trump Foundation "to avoid even the appearance of any conflict" with his role as president.
    Don Emmert/AFP/Getty Images



    President-elect Donald Trump plans to dissolve his foundation, his transition team announced on in a statement on Saturday.


    Soon after, though, the New York attorney general's spokesperson tweeted that he legally can't, until the state's investigation of the Trump Foundation is complete.


    Follow

    Amy Spitalnick
    @amyspitalnick

    .@Fahrenthold @realDonaldTrump Foundation still under investigation by @AGSchneiderman, cannot legally dissolve until investigation complete
    11:50 AM - 24 Dec 2016 · Denville, NJ



    Press Secretary Amy Spitalnick was responding to Washington Post reporter David Fahrenthold, who asked if the investigation would continue.

    In October, New York Attorney General Eric Schneiderman ordered the foundation to stop raising money in New York, saying the charity was not registered to do so under state law.


    In Saturday's statement, Trump is quoted as saying:
    "The Foundation has done enormous good works over the years in contributing millions of dollars to countless worthy groups, including supporting veterans, law enforcement officers and children. However, to avoid even the appearance of any conflict with my role as President I have decided to continue to pursue my strong interest in philanthropy in other ways."
    The announcement comes shortly after a report from The New York Times discussing the president-elect's many potential conflicts of interest. The Times reports that Trump and his family "are rushing to resolve potential controversies — like shuttering foundations and terminating development deals — even as the president-elect publicly maintains that no legal conflicts exist."

    An NPR report from earlier this year compared the work of the Trump Foundation with that of the Clinton Foundation, which came under fire during the campaign, noting the similarities seem to end with their names. As NPR's Joel Rose reported, "The Bill, Hillary & Chelsea Clinton Foundation, as it's formally known, is huge. It has hundreds of employees and a $90 million budget. The Donald J. Trump Foundation, by contrast, is fairly small. It has no full-time employees and a budget of about $600,000."

    Reporting from the Washington Post shows Trump hasn't given any of his own money to the foundation since 2008. The Post says Vince and Linda McMahon, owners of World Wrestling Entertainment, have been major donors; Trump recently nominated Linda McMahon to head the Small Business Administration.

    http://www.npr.org/sections/thetwo-w...al-pushes-back

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  2. #2
    Senior Member Judy's Avatar
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    Word to the wise, helping people doesn't require charity or philanthropy. Helping people is redeveloping blighted areas whether in urban or small cities. Helping people is bringing our manufacturing back so people have good full-time jobs making things. Helping people is making sure our borders are secure so our citizens do not compete with illegal aliens or excess immigrants for jobs. Helping people is fixing our trade deals so that we have balanced trade instead of trade deficits that suck our factories, jobs, money and technology out of our country. Helping people is giving students and their parents vouchers who they can attend a school of their choice. Helping people is making sure our Veterans have jobs and opportunity and great medical care. Helping people is improving our infrastructure to make roads and bridges, levees, airports, and trains as safe and convenient as possible. Helping people is reducing taxes and regulations so more good businesses are created and our existing businesses are solid and able to expand. There are many ways to help people.
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    Senior Member JohnDoe2's Avatar
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    NO AMNESTY

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