The American Presidency is an office exclusively dedicated to public service, but Trump has quickly moved to corrupt it and turn a profit. Reuters has uncovered the latest financial conflict of interest for the Trump regime.
The Constitution prohibits presidents from personally receiving money from the States. Trump has demonstrated once again that he has no respect for the Constitution:
Pensions from at least seven states have been investing millions of dollars in an investment fund that in turn hands over portions of their money to a Trump company to manage The Trump SoHo Hotel and Condominium. Trump’s company received $3.1 million from the SoHo in a span of five months.
Jed Shugerman, a professor of law at Fordham University believes that Trump is in violation of the Emoluments Clause:
“If you take a step back and look at this transaction, it’s a payment chain from state pension funds to President Trump,” he said.
The issue with conflicts of interest like this is how murky they can become. The scenarios in which this flow of money could be exploited by Trump are numerous and plausible given his past behavior. It’s easy to envision a situation in which Trump decides to exert his considerable influence to benefit one of the pension groups, who in turn could pay him back by funneling more money into his private company.
Reuters broke down the currency flow in a helpful graphic. SEE BELOW:
Given the above, it’s little surprise that more honorable former presidents have gone out of their way to avoid even the appearance of impropriety or conflict of interest. Jimmy Carter famously went as far as to give up his hard-earned and self-built peanut farm.
The list of impeachable offenses that Trump has already wracked up in his first hundred days is unprecedented. It’s time the GOP grew a spine and threw this charlatan out of the White House.
Rob Haffey is a writer, filmmaker, and winner of the ScreenCraft Writing Fellowship. He is a graduate of Drexel University.