A short list of a few business conflicts of interest with Donald Trump as President.
Deutsche Bank (x)
Deutsche Bank is a private German bank to which Donald Trump owes hundreds of millions of dollars, however theyâre also in litigation with the Department of Justice over illegal mortgage deals. Â Billions of dollars are on the table and any settlement could wipe out Deutsche Bank. Â Meanwhile, the folks who run the Department of Justice will be selected by Donald Trump.
Trump International in DC (x)
Trump has a lease with the government for this property and one of the clauses of the lease prohibits him from holding government office. Â Far from trying to rectify the situation, Trumpâs team actually organized an event for foreign leaders and diplomats to pitch the Trump International as a way for those diplomats to curry favor with the new President.Â
National Labor Relations Board (x)
Workers at one of Trumpâs properties in Las Vegas voted to organize themselves into a union, but the Trump organization refused to recognize that vote. Â The NLRB sided with the workers, ruling that Trump violated their rights. Â Trump now gets to staff the NLRB.Â
Bank of China (x)
Trump also owes the Chinese government hundreds of millions of dollars through the Bank of China. Â Another government-run bank, the Industrial and Commercial Bank of China, rents space in Trump Tower. Â After so much talk about China during his campaign, his entire administration has been silent on any economic policy toward China now that heâs been elected because obviously heâs going to want his debt reduced in exchange for favorable trade regulations.
Blind Trust (x)
Donald Trump â who doesnât really know what a blind trust is â said he would be fine handing the reins of his company over to his children if he was elected and heâd have nothing to do with his business organization. Â I wouldnât ever be involved because I wouldnât care about anything but our country, anything. Â This is Ivanka and her husband sitting in on Trumpâs first meeting with the Japanese Prime Minister.
His kids are part of his transition team into the White House, the kids who are supposed to be running his business that has no overlap with Trumpâs running of the country.
Politics has always been a game of you scratch mine, Iâll scratch yours, and thereâs no reason Donald Trump would be any different. Â The problem is, heâs scratching all over the planet in his own self-interest toward becoming richer and it will absolutely be at the expense of the American people. Â For some reason (::coughracismcough::), poor white people decided to believe this man who has spent thirty years cheating the little guy whenever he could suddenly cares about the average American cashing a 40-hour paycheck. Â Obviously thatâs not the case, Â and reporting on it just means the media is crooked.
Prior to the election it was well known that I have interests in properties all over the world.Only the crooked media makes this a big deal!
â Donald J. Trump (@realDonaldTrump) November 22, 2016
Itâs a big deal because itâs a big deal. Â Reporting on it isnât crooked. Â The situation itself is. Â And the ultimate con-man is out here grinning all the way to the bank.