As the mainstream media is still putting out the fire to their dwindling credibility caused by CNN and Buzzfeed’s release of an error-ridden, unsubstantiated opposition report on Donald Trump, the president-elect has announced an extraordinary decision regarding his foreign hotel profits.
At today’s press conference one of Donald Trump’s tax attorneys, Sheri Dillon, announced that in the interest of the American people Trump will be donating all proceeds from foreign governments that come into his hotels around the world to the United States Treasury.
Dillon made the announcement while addressing Trump’s business dealings and his intentions on distancing himself as he is sworn into office.
“Just like with conflicts of interest, he wants to do more than what the Constitution requires. So President-elect Trump has decided, and we are announcing today, that he is going to voluntarily donate all profits from foreign government payments made to his hotels to the United States Treasury. This way it is the American people who will profit.”
The issue that Trump’s attorney is addressing with this move is the “emoluments clause” of the Constitution, which states that no official holding government office may accept a gift from any “King, Price of foreign State”. By foreign government officials staying at Trump’s hotels around the world, this could have been perceived as a violation of this clause, although the term “gift” is open to interpretation.
Yet, in true Trump fashion, he has decided to be extra cautious while at the same time giving back to the American taxpayers by contributing to the U.S. Treasury. What a stark contrast to Obama, where the U.S. national debt more than doubled under his administration, now topping $20 trillion dollars.