Bombshell !! House Oversight Committee finds $7.8 Million In Foreign Payments

Originally posted by thecurious1: ↑

He never did set up that Blind Trust as promised, did he.

Grifter in Chief caught out again even though Republicans tried to block investigations.

“What we have is essentially the tip of the iceberg,”

"Most of the sum came from Chinese sources"

"Trump's Businesses Got $7.8 Million In Foreign Payments During His Presidency: Report

Donald Trump’s businesses received nearly $8 million in payments from foreign governments while Trump was president, according to new research by Democrats on Capitol Hill.

Unlike Republicans in their efforts to pin corruption on President Joe Biden, Democrats on the House oversight committee have receipts — more than 400 pages of them — that show payments to Trump’s businesses from foreign officials likely seeking to influence the U.S. government.

Democrats and nonpartisan ethics experts have long argued that Trump’s refusal to divest violated the U.S. Constitution’s ban on presidents accepting gifts or “emoluments” from kings, princes or foreign states. Trump faced emoluments lawsuits, but the Supreme Court declared the cases moot after he left the White House in January 2021.

Meanwhile, since 2019, Democrats on the House oversight committee have sought records from Trump’s accounting firm reflecting his foreign income. After a federal court awarded access in 2022, Democrats said they’d found records reflecting more than $750,000 in payments from foreign officials at Trump’s hotel in Washington, D.C. Despite a court order requiring more material to be turned over, Republicans quietly shut down document production last year as they launched their quest for dirt on Biden.

Using documents obtained by the court order, plus already-public records, Democrats tallied $7.8 million in foreign payments from 20 countries during Trump’s presidency. Most of the sum came from Chinese sources, including China’s embassy in the U.S. and the Industrial and Commercial Bank of China, a state-owned enterprise that leased property at Trump Tower in New York.

Democrats suggest in their report that the payments from ICBC could have affected the Trump administration’s decision not to sanction the bank for ties to North Korea in 2017.Democrats stressed Thursday that their report was based on records from only two years of Trump’s time in the White House, and that the $7.8 million is likely an undercount of the full money Trump received from foreign governments. "

https://www.huffpost.com/entry/trump-foreign-payments-emoluments_n_659565d9e4b0f27b6e35ee22

"James Comer searched for China link to Biden — but Oversight found Trump instead: reporter "

"It's a 156-page exhaustive report that details only two years of the Donald Trump presidency, in which they outline millions of dollars in payments that flowed directly from foreign governments into the various businesses that were controlled by Donald Trump and his associates," said Nobles."

https://www.rawstory.com/trump-foreign-money-2666871402/

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I saw "Bombshell !!" in the thread title, and I thought it was a @pints thread with rehashed news from two years ago.

Did pints give you permission to use the word "Bombshell !!".

Anyway, on topic, the $7.8m would be a drop in the ocean compared to what Trump has actually taken.