Posts Tagged ‘Eric Trump’

Days from inauguration, Donald Trump still owns/controls 500 companies that make up the Trump Organization

Monday, January 9th, 2017

President-elect Donald Trump pledged to step away from his family-owned international real estate development, property management and licensing business before taking office Jan. 20. With less than two weeks until his inauguration, he hasn’t stepped very far.
Trump has canceled a handful of international deals and dissolved a few shell companies created for prospective investments. Still, he continues to own or control some 500 companies that make up the Trump Organization, creating a tangle of potential conflicts of interest without precedent in modern U.S. history.
The president-elect is expected to give an update on his effort to distance himself from his business at a Wednesday news conference. He told The Associated Press on Friday that he would be announcing a “very simple solution.”
Ethics experts have called for Trump to sell off his assets and place his investments in a blind trust, which means something his family would not control. That’s what previous presidents have done.
Trump has given no indication he will go that far. He has said he will not be involved in day-to-day company operations and will leave that duty to his adult sons, Eric and Donald Trump Jr. The president-elect has not addressed the ethical minefield of whether he would retain a financial interest in his Trump Organization.
A look at what’s known about what Trump has and hasn’t tried to resolve his business entanglement before his swearing-in:
FOREIGN INVESTMENTS
Trump has abandoned planned business ventures in Azerbaijan, Brazil, Georgia, India and Argentina. The Associated Press found he has dissolved shell companies tied to a possible business venture in Saudi Arabia.
It’s unclear whether those moves are signs that Trump is dismantling the web of companies that make up his business. Trump Organization general counsel Alan Garten has insisted none of the closures is related to Trump’s election. He calls them “normal housecleaning.”
The Trump

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‘Women For Trump’ participants in West Tampa cheer upon news of FBI review of new Hillary Clinton emails

Saturday, October 29th, 2016

The “Women for Trump” bus tour made a stop at the Trump-Pence headquarters in West Tampa late Friday afternoon.
“Did anyone hear that the FBI just reopened an investigation?” asked Lara Trump, the daughter-in-law of Donald Trump and wife of Trump’s son, Eric.
The crowd erupted in cheers upon hearing that statement, which came about three hours after the news first broke that FBI Director James Comey had written to congressional leaders, saying it is again probing emails that might be related to Hillary Clinton’s private server, reopening a potentially damaging controversy for Clinton just 11 days before Election Day.
Joining Lara Trump was Omarosa Manigault, the breakout star of the first season of Trump’s NBC reality series “The Apprentice,” who was hired in July as the director of African-American outreach for the Trump campaign. She opted not to speak to the crowd, instead chatting briefly with people and taking a slew of selfies.
The other speakers were Lynnette Hardaway and Rochelle Richardson, better known by their stage name Diamond and Silk, the YouTube stars who championed Trump early on in the primary season.
“I’ll tell you, you all look beautiful, the basket of deplorables,” Hardaway began. “OK, so you all know that we are women, we are black, and we are voting for Donald J. Trump!”
Later, it was Richardson’s turn at the mic. “It’s not about ovaries in the Oval Office. It’s about who has the balls to build a wall!”
Needless to say, the crowd erupted in cheers to that statement as well.
Lara Trump said her father-in-law would bring respect back to the country and the White House. She then mentioned President Obama‘s recent trip to China, where authorities failed to initially provide a staircase when he landed.
“We might not agree with his politics, but he is still the president and that is Air Force One and that demands respect!” Trump said. “Do you know what Donald Trump would have done if that

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