Last month, we announced the launch of our project to track credible allegations that President Trump, as well as his family members and close associates, are seeking to use the presidency to advance their personal financial interests.Just as President Trump’s son Eric will be providing President Trump with “quarterly” updates on the Trump Organization’s business affairs, we will do our best to provide readers with regular updates on credible allegations of presidential profiteering. Our June update is now available here.
Highlights from the new material include:
- Federal government agencies promoting Ivanka Trump’s book
- Trump advisors and confidants Carl Icahn and Rupert Murdoch allegedly influencing administration decisions in ways that benefit their financial interests
- Efforts by Jared Kushner’s sister to attract Chinese investors to a family company project by touting her son’s role as senior advisor to the President
- Allegations that Jared Kushner and the chairman of a Russian state-owned development bank may have discussed the possibility of a loan to the Kushner family business in exchange for relaxation of U.S. government sanctions on Ukraine
- Substantial payments by state government pension funds to entities affiliated with Trump Organization businesses.
(Note: While we try to sift through the media reports to include only those allegations that appear credible, we acknowledge that many of the allegations discussed are speculative and/or contested. We also do not attempt a full analysis of the laws and regulations that may or may not have been broken if the allegations are true. For an overview of some of the relevant federal laws and regulations that might apply to some of the alleged problematic conduct, see here.