Trump to form trust for assets while in White House, sons will run company

by
January 11, 2017

President-elect Donald Trump said he’s turned “complete” control of his company over to his sons, saying he is confident he could have run the country and the Trump empire at the same time, but didn’t think it looked right.

He repeatedly said conflict of interest laws don’t apply to the president, so he would have been allowed to run the company. But he said he’s taking steps to isolate himself.

“Don and Eric are going to be running the company,” he said. “They’re not going to discuss it with me.”

Mr. Trump went on to say he was approached last weekend for a $2 billion deal in Dubai, and said he felt he could have easily agreed to it, but he turned it down anyway.

Speaking in front of a mound of file folders containing paperwork, his advisers said Mr. Trump is creating a trust for the companies that make up the Trump Organization.

  • Bob

    Chump is one BIG CONFLICT OF INTEREST TO THE WORLD!!!!!!!

  • AKLady2015

    “He repeatedly said conflict of interest laws don’t apply to the president”

    Conflict — Russia
    Conflicts — Cuba
    Conflicts – Iran (Muslim)
    Conflict – India (Muslim)
    Conflict – Pakistan (Muslim)
    Conflict – Turkey (Muslim & active government disfavor places air base at risk)
    Conflict – Communist in-laws.

    Trump undoubtedly has the most expansive and complex international business portfolio of any president in US history. This brings an added layer of scrutiny to nearly every foreign policy decision Trump will make as president.

    • CrustyOldGeezer

      I know it’s TP, but…

      Is it Toilet Paper?

      or just more of he same tawking pointz?

      • Retired

        Out of her rear end and you know what that is like.

    • Retired

      Why do you tell such lies , you didn’t do that with your Brother Obama and the Hillary the Broom Queen . you should go for a ride on Hillarys broom into the sunset and never return.

  • CrustyOldGeezer

    Since the democrats are REQUIRING all this of Trump, shouldn’t THEY be held to the EXACT SAME STANDARD?

    • ARJAY

      Of course NOT! That would DESTROY their DOUBLE standard!!!!

  • AKLady2015

    Right, and here it is just ten days to the presidency and he is just now starting the process. Really?

    • Retired

      What’s your point other than spouting off. You anti Trump people are a lost cause.

      • NM Leon

        Spouting off is it’s whole life purpose, lol.

        • AKLady2015

          Thank you.
          Your input is always welcome
          It says so much about you.

          • Retired

            Yes your line of BS tells all who you are.

    • NM Leon

      Yeah, really. Get used to it…or don’t, nobody really cares what you think, you represent a failed and irrelevant ideology.

      • AKLady2015

        Republic?
        Democracy?

    • gvette

      Ak, no where in the constitution does it say the president can’t run his own businesses. You spout off about the the founding fathers, but it’s clear your knowledge there is slim, like everything else about you. Remember, the framers of the constitution, and office holders owned businesses. They went, did their government job, then went back to their jobs/ businesses.

      • AKLady2015

        Save your insults for someone you can Impress

        Mr. Trump is deep into Russia.
        He did business with Cuba during the embargo.
        He has been sued 180 times by the DOJ.
        He is already playing he nepotism game

        • CrustyOldGeezer

          Thank God you are keeping up your “Talking Points” subscription.

          Never forget that they are written by people smarter than you.

          And to date, none have shown an IQ over 60.

          • AKLady2015

            Facts are facts, you might want to try some.

          • CrustyOldGeezer

            You get your fax from the tawkin’ points distributor, we get out FACTS from the REAL WORLD.

          • AKLady2015

            You would not recognize a fact if it slapped you in the face. You believe what you want to believe Reality has become far too frightening for you.

          • CrustyOldGeezer

            Always keep in mind that you ARE NOT the “most intelligent person to ever show up to straighten out those ‘other peepuls dat juz doan gidit.’

            You wouldn’t make a pimple on Sauls ass.

          • AKLady2015

            Research facts only requires effort — the effort you can’t be bothered putting out.

          • CrustyOldGeezer

            daily fax requires blind obedience.

            Something that you have proven to be very adept at.

          • Retired

            I did not know poop had a IQ??

          • CrustyOldGeezer

            Poop doesn’t, but the maggots crawling around makes their heads hurt and they fell like they are thinking.

          • AKLady2015

            Thank you.
            Your input is always welcome
            It says so much about you.

          • CrustyOldGeezer

            Such a sweet little boy you have grown into.

            dun wint an learnt copi an payst.

            And don’t worry about that puberty thing, most liberals don’t get it until they are older than streep.

          • AKLady2015

            Is that supposed to be an insult?

          • CrustyOldGeezer

            If it was, you obviously missed it.

            If it wasn’t then you are getting more paranoid as we go.

          • AKLady2015

            The spew out of your mouth is just that: spew.
            For insult to have meaning, the target must respect the speaker’s opinion.

          • CrustyOldGeezer

            Words that you should take to heart.

        • gvette

          Need I remind you, that it was Killary that facilitated the sale of uranium to Russia! As for Cuba, remember it was Niggerbamma that was there cutting deals with Castro! As for trumps businesses, try to not believe your DemonRAT talking points! They are not factual. When you own over 500 businesses, things happen. Now, your nigger would never have to worry about that. That worthless nigger has never had a real job, much less build anything. Kinda like that other worthless piece of shit you admire, Killary.

          • AKLady2015

            Name calling is childish.
            Most give it up by the 2nd or 3rd grade.
            You need to practice more, you have not yet gotten the adult part down.

          • gvette

            Like most libtards, in lack of facts, you resort to the same crap you always print. Means nothing. Kind of like you.

          • AKLady2015

            Fact: Name calling is childish.

          • AKLady2015

            Real job? Jealous much?

            Attorney at law with the firm of Sidley & Austin was not a “real job”?

            Attorney at law with the firm of Hopkins & Sutter was not a “real job”?

            Processor of Constitutional Law is not a “real job”?

            Outreach worker for the Catholic Diocese of Chicago is not a “real job”?

            Director of the Developing Communities Project (DCP) was not a “real job”?

            Consultant and instructor for the Gamaliel Foundation was not a “real job”?

            Founding member of the board of directors of Public Allies was not a “real job”?

            Board of directors of The Joyce Foundation was not a “real job”?

            Founding president and chairman of the board of directors of the Chicago Annenberg Challenge …

          • gvette

            According to Before It’s News, Barack Hussein Obama surrendered his law license in 2008 in order to dodge charges that he lied on his bar application.

            His wife Michelle also surrendered her law license back in 1993, after a federal judge told her she could either surrender her license or be charged with insurance fraud.

            This information was found after experts became suspicious upon finding that both Michelle and Barack had handed over their licenses to practice law under a “voluntary surrender.”

            Anyone familiar with law knows that lawyers only execute a “voluntary surrender” when they are about to be accused of something.

            This is just the latest in a long line of sketchy, criminal dealings committed by the Obamas.

          • AKLady2015

            Why do you need to tell these lies?
            Why do you embarrass America this way?
            Why do you believe it is acceptable to lie?
            Why do you believe it is acceptable to repeat lies?

          • gvette

            LMAO…well goofy, MSN will always protect the nigger. Funnier still is usinf snopes, the left leaning source that has been caught in lies, as has factcheck.org. No wonder you’re so fucked up! Left leaning fact checkers protect all you left leaning whack jobs!!

          • AKLady2015

            Thank you.
            Your input is always welcome
            It says so much about you.

      • Retired

        She flunked the course and read a few books ! Plus she Trolls under different names with a different script.

    • CrustyOldGeezer

      Thank you for proving your ignorance of the Constitution….

      AGAIN!

      • AKLady2015

        Elected? Yes.
        Sworn in? No

        • CrustyOldGeezer

          Other than the one on your head, did you have a point to make?

          • Retired

            She is a pimple that rides on Os rear.

  • justinwachin

    President Trump is wise to hand off management of his personal companies to his children. A 70 year old man is going to be leaving their property to someone sooner or later. This gives Trump’s kids a chance to ask their dad for advice on how to do something while he is still around.

    President Trump may find that his children have learned from him and that they will be able to do an outstanding job running things.

  • Pete

    With all of his assets in a trust & him isolated from Trump enterprises, a prime source for progressive/socialistic BS is dried up.. I have no doubt that he could have done both jobs at the same time but to please the childish left he is setting up the trust.
    Now that he is isolated from the business, what the heck are they gonna use as an excuse for filling their own diaper every time Trump sneezes.

    • NM Leon

      Never fear, the libtards will find something.

      • gvette

        LOL..that’s libtard, as in AK!!

        • Retired

          Yup the Troll is out spreading lies as usual.

          • AKLady2015

            Thank you.
            Your input is always welcome
            It says so much about you.

        • ARJAY

          Actually, it’s libTURD!!

          • AKLady2015

            Did your mother teach you that sewer language?

    • CrustyOldGeezer

      Have no fear, they will pull a handful out of their diapers on a moments notice.

      • Retired

        Yes they should and put it all on their faces.

      • snowyriver

        Crusty: Do you need some ammo for the future?…Try this, it is all true… Lets look at our Constitution. Reading (now consider yourself a patriot that just overcame a tyrannical government) You come to article 1, section 8, clause, paragraph 10. Congress shall have the power to define and punish offences against The Law of Nations.. Our Constitution is telling us to read The Law of Nations to see just what power our new Congress has.. So we read The Law of Nations. Pay special attention in book 1, chapter 19, article 212.. After we finish The Law of Nations, we go back to reading the Constitution. Coming to article III, section 1, paragraph 4, we read that no person except a “natural born Citizen” of the United States shall be eligible for the office of president. Didn’t we read what a “natural born Citizen” was in The Law of Nations? Yes — “born on the land with parents as citizens”.. Note parents and citizens are both plural. This destroys all argument that the Constitution does not explain what a “natural born citizen” is.. Here we have a problem, Obama has produced a birth certificate showing born in Hawaii with a father who was a citizen of Kenya. Using this birth certificate, Obama is not eligible because his father is not and never was a citizen of the United States.. Oh sorry that birth certificate has been proven to be false, but there is another birth certificate in the British archives filed there by Kenya showing Obama born in Kenya with a father who was a citizen of Kenya. Now does it sound like Barack Obama is a “natural born Citizen” of the United States? If the answer is NO, he fails on two counts, born out of the states, with a father who was not a citizen of the United States then he is not eligible to be president of the United States, and everything he has done, every rule of law he has signed are NULL and VOID. No matter how many accept him, his being in the white house is wrong.

        • ARJAY

          That “Natural Born Citizen” SHOULD be the backbone of ANY actions against the USURPER!!

        • CrustyOldGeezer

          THAT is good information for everybody to know.

          I WAS TAUGHT Civics in the late 50’s and early 60’s.

          Thank You for posting it for those who WERE NEVER TAUGHT.

          • snowyriver

            It is all in our Constitution.. In black and white.. The Constitution should be required in high-school. It is like Obama stated, the American public is dumb.

          • CrustyOldGeezer

            We, the students in my classes, memorized the Declaration of Independence and the Preamble to the Constitution in 6th grade, were taught Civics in the 7th,8th, and 9th grades.

            And I regularly tell people it doesn’t take that long to READ it, and it WAS WRITTEN for the common man of that period to UNDERSTAND and KNOW exactly what kind of government they had and the LIMITATIONS that were placed on that government.

    • AKLady2015

      Isolated? Ha, ha, ha, ha …
      That “business” should scare you to death.
      Apparently, you have no idea who is deep into his pockets

      • Retired

        Our troll queen is amongst us again.

        • AKLady2015

          Name calling is childish.
          Most give it up by the 2nd or 3rd grade.
          You need to practice more, you have not yet gotten the adult part down.

      • Pete

        Sweet Cheeks, Your making a fool of yourself yet again

        • AKLady2015

          Yes, that is exactly what you are doing.

      • snowyriver

        AK Why do you lie?

        • AKLady2015

          Prove it.

  • David Stewart

    Hilarious the way “lefties” try to claim Trump has a conflict due to business; these losers never earned or had anything they didn’t acquire from Big Daddy!

    • AKLady2015

      Do you even know who has their hands in his pockets?
      More importantly, do you care?

      • Retired

        And whose pockets did Reid -Biden – Kerry and the Clintons have. How much laundered money went into the Clinton Foundation from the Middle East and our enemies??

      • snowyriver

        Why do you lie?

        • AKLady2015

          Do you even know who has their hands in his pockets?
          More importantly, do you care?

  • MARLENE HESSLER

    He is making America Great Again. His kids are also.

    Core Values have sadly been missing from OUR leadership for some time, but the Trumps are bringing them back.

    • AKLady2015

      Yes, he is making America HATE again.

      • Retired

        AK – you are the one making hate and adding to the US racial problem with you dumb posting.

        • AKLady2015

          Thank you.
          Your input is always welcome
          It says so much about you.
          If you despise our Constitution so much, maybe you should move somewhere else. Just a thought.

          • Retired

            It’s people like you who have changed its original intent , you flunked a law course and now you know it all.

          • AKLady2015

            Thank you.
            Your input is always welcome
            It says so much about you.

      • Bob

        No, he is allowing a-holes (LIKE YOU) to spout your brand of hate again. Funny how you will not even give him a change, you just spout your hate filled rhetoric. In 2008, Conservative were concerned about the new President. Hate filled racist like you demanded they give him a break and allow the public to see what they bought. Now you will NOT give the same consideration. How very “tolerant” of you.

        • AKLady2015

          Blah, blah, blah, lie, insult …repeat ad nauseam.
          Tedious, boring, childish, repetitive …

          Not one single fact.

          • Bob

            Whine, Whine, Whine …repeat ad nauseam
            Tedious, boring, childish, repetitive …
            B*tch and moan because you backed a LOSER
            Continue to troll

            “Not one single fact” FACT: You will NOT give him a chance, you would rather whine about his election. FACT: You have shown yourself here and in other posts to be hate filled. FACT: You are NOT tolerant yet you call out other for insulting while you continue to spread your lying hate filled crap. So your post was not only not factual, but just another trolling/liberal/non-progressive lie.

          • AKLady2015

            The U.S. Department of Justice sued Trump for an antitrust violation in 1988 and won. Trump was forced to pay $750,000. The real-estate magnate agreed to pay the penalty stemming from his attempted takeovers of two companies. The feds said that his stock purchases in the companies violated the FTC’s notification requirements.

          • Bob

            Blah, blah, blah, lie, insult …repeat ad nauseam.
            Tedious, boring, childish, repetitive …

          • AKLady2015

            Proven federal aw breaking — over 180 times.
            The man you put in the White House belongs in the Big House.

          • Bob

            Thank you.
            Your input is always welcome
            It says so much about you.
            If you despise our Constitution so much, maybe you should move somewhere else. Just a thought

            Get your news somewhere other than Buzz Feed and your hero, Sorros.

            As “First Lady”, obstruction of justice and lying to Congress. As Sec State, lying to Congress, lying to the American people, culpable in the deaths of 4 in Benghazi, numerous violation of Federal Secrecy statues and obstruction of justice. As a candidate, conspiracy to defraud her own party of their chosen nominee, obstruction of justice and lying to the American People. This is who you wanted for the White House.

          • AKLady2015

            1990 was a big legal year for Donald Trump. He was named as a defendant in 21 lawsuits filed by different businesses and individuals. Several sued him for securities fraud and breach of contract. Most of the complaints stem from the Trump’s corporation filing for Chapter 11 bankruptcy from creditors following the building of the Taj Mahal Casino in Atlantic City, New Jersey. By 1991, the resort was nearly $3 billion in debt, according to the New York Times.

          • AKLady2015

            A college student filed a lawsuit against Trump’s profit seeking college, Trump University, and a federal judge eventually ordered the school pay $798,000 in legal fees, according to Courthouse News.

          • AKLady2015

            In 2013, the New York AG sued Trump for $40 million saying he helped run a phony school — Trump University — which made false claims and steered students towards useless seminars.

          • AKLady2015

            During his campaign, Mr Trump accused the judge, Gonzalo Curiel, of having “an inherent conflict of interest” because he was born to Mexican parents. He asserted that his campaign pledge to build a wall on the US-Mexico border and calling Mexicans “rapists”, “murderers” and “criminals” would influence the judge’s impartiality.

        • AKLady2015

          Before the election, New York state attorney-general Eric Schneiderman said his office was investigating whether the Trump Foundation charity is complying with state law. Washington Post reporting showed that Trump solicited charitable donations without the proper approvals, and found evidence that Trump used foundation money in ways that could benefit him personally, which is against the law.

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