Quote:
Originally Posted by Guest
On point number 4, which is the only one that concerns me, you are actually incorrect....
"As president, Trump would not be required to sell any of his investments or businesses. The U.S. Financial Conflict of Interest Statute prohibits unelected officials of the executive branch from holding stakes in assets that would conflict with their ability to properly do their jobs.
For example, former Goldman Sachs CEO Hank Paulson sold off his company stock before he became Treasury Secretary in 2006.
Executive branch officials also are prohibited from earning income from their businesses and must abide by strict impartiality rules.
But Congress decided not to apply those restrictions to the president or vice president. They have to disclose their holdings, but they don't have to disown them.
So Donald Trump could be president without selling his businesses."
Trump's 500 businesses would pose 'unprecedented ethical dilemma' - Mar. 16, 2016
This is quite an interesting article actually and if you really want to know what is happening worth a read.
I might tell you that there are in fact "rumors" from unnamed source at NBC, that Trump has already pitched the idea of a Celebrity Apprentice in the White House. Now he wont because NBC is disgusted with the man, but it certainly tells you what is important to this person.
"when Trump first considered running for president, back in 2011, he spoke to NBCUniversal chief executive Steve Burke about continuing The Apprentice… from within the Oval Office.
[A] person with knowledge of the situation noted that the two men had a conversation in which they broached a compromise, albeit one that seems more like a Trumpian fever dream than a network-TV reality. It outlined, presumably fantastically, that Trump should run for president; and on the off chance that he won, he would continue to star in The Apprentice from within the White House. (Via)"
Donald Trump Thought He Could Star In ‘The Apprentice’ As President |
Sorry Sir but you are incorrect . Presidents can and do place their financial interests into a " Blind Trust " which means that they give up control and any knowledge of any changes to their investments
during their time in office . Their interests are managed by a Fiduciary known as an Independent Trustee .
However prior to entering office they can divest themselves of some or all of their investment holdings.
And they can undertake a combination of the two .