Australia's largest stock trading and investment forum Australia's #1 stock forum

Bombshell !! House Oversight Committee finds $7.8 Million In Foreign Payments, page-9

First 9 Last

Share
Profile

Follow
gumUnderfoot

26,791 Posts.

180

05/01/24

11:04

Post #: 71738871
Share

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/

Expand

What they won't reveal is Trump's Taliban surrender transactions because it is far too embarrasing for America itself.
2 Upvote

Reply

Top Stories

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

ASX Market Close: Climbing to 8,700s based on vibes wasn't sustainable

PTX

This rare type of lymphoma ruins the body – so do existing treatments. Prescient could have a solution

WA8

Warriedar aims for Ricciardo MRE upgrade on 'thick, high-grade' gold and antimony

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

First 9 Last