Drudge Retort: The Other Side of the News
Wednesday, November 23, 2016

Thirteen days after winning the presidential election, Donald Trump announced on Twitter that no one should worry about the potential conflicts of interest he could face over his range of global properties because everyone knew about them when they elected him. He blamed any questions of impropriety on the media for reporting on them. The evening tweet from the president-elect reads: "Prior to the election it was well known that I have interests in properties all over the world. Only the crooked media makes this a big deal!" During the campaign, Trump stated, "[I]f I become president, I couldn't care less about my company. It's peanuts." He added, "I wouldn't ever be involved because I wouldn't care about anything but our country, anything." The Wall Street Journal has called on Trump to liquidate his business and put the proceeds into a true blind trust. His tweet clearly suggests he is not willing to give up control.

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Trump owes hundreds of millions of dollars to the Bank of China, which is owned by the government of China. The Constitution's emoluments clause states that no government official shall receive favorable payment from a foreign government, foreign government-owned company or foreign official without the consent of Congress. Trump also rents space in his Trump Tower, where he is managing his transition, to the Industrial and Commercial Bank of China, another government-owned bank.

He also owes hundreds of millions of dollars to Deutsche Bank, a privately held German bank. While the emoluments clause does not apply to payments to Deutsche Bank, there is a major potential conflict because the bank is facing a multibillion-dollar settlement with the Department of Justice over its illegal mortgage practices. Trump will soon be selecting the top leadership of the Department of Justice. There are also questions over whether Deutsche Bank will be able to survive the hefty settlement without government support. Will Trump save his lender?

Similar potential conflicts exist at the National Labor Relations Board, which Trump will also soon be able to staff. The independent labor regulatory agency ruled on Nov. 3 that Trump's Las Vegas hotel had violated its workers rights to organize a union when it refused to recognize their affirmative vote. Trump's hires at the NLRB will likely be colored by his ownership of properties with unionizing workers.

Remember, it's all the media's fault, capiche?

#1 | Posted by tonyroma at 2016-11-22 10:53 AM | Reply

For reporting it.

#2 | Posted by Doc_Sarvis at 2016-11-22 11:31 AM | Reply

His (Trump) tweet clearly suggests he is not willing to give up control.

Posted by Doc_Sarvis

Suggesting an early attempt to impeach him, in furtherance of the physical security of the United States.

#3 | Posted by Zed at 2016-11-22 12:41 PM | Reply

I expect that within a year in office, Trump will have committed a dozen impeachable offenses with actions that significantly help his business interests.

I do not expect the GOP Congress to make any attempt to hold him accountable.

#4 | Posted by rcade at 2016-11-22 05:40 PM | Reply

It's all part of the hokey changey thing the clowns are so fond of.

#5 | Posted by RightisTrite at 2016-11-23 06:48 PM | Reply

Trump shows us his Fascist side.

#6 | Posted by danni at 2016-11-23 07:01 PM | Reply

Trump can't help but ---- us all over. It's his destiny.

#7 | Posted by woe_is_W at 2016-11-23 07:10 PM | Reply

What a piece of work. No serious person could argue that this is not a problem. But to Trump, ethics are irrelevant.

#8 | Posted by cbob at 2016-11-24 10:01 PM | Reply

I do not expect the GOP Congress to make any attempt to hold him accountable.

I think they will because Trump is not going to "toe the line" with respect to the conservative agenda that repubs want to implement. Repubs know that Pence is a true conservative and will sign anything that the congress puts in front of him.

#9 | Posted by FedUpWithPols at 2016-11-25 06:37 AM | Reply

Feel free to explain why 32% of Republicans approved of The Affordable Care Act, while less than half that number approved of Obamacare.

Reminds me of an interview of a Kentucky woman that was praising Kynect (the Obamacare implementation in Kentucky) and bad mouthing Obamacare. Talk about shooting yourself in the foot!

#10 | Posted by FedUpWithPols at 2016-11-25 06:46 AM | Reply

Oops! I posted to the wrong thread.

#11 | Posted by FedUpWithPols at 2016-11-25 06:48 AM | Reply

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Drudge Retort