- Jun 2012
Once again we are faced with unprecendented circumstances and this will continue under the Trump presidency. Trump himself (probably when he thought Hillary would win the presidency) is quoted as saying: “The law’s totally on my side, meaning, the president can’t have a conflict of interest,” he said.
Obviously, we all know how often Trump spews ONE thing and DOES another.
Apparently, the sitting U.S. president has (in the past) been exempt in the Foreign Emoluments Clause in the U.S. Constitution. AND here's the funny part--I laughed out loud: Congress assumed that the president could be trusted to do the right thing. Is that hilarious or what?? Well, our framers NEVER dreamed anyone like Trump would be our president.
“As a general rule, public officials in the executive branch are subject to criminal penalties if they personally and substantially participate in matters in which they (or their immediate families, business partners or associated organizations) hold financial interests,” the Congressional Research Service said in an October report. “However, because of concerns regarding interference with the exercise of constitutional duties, Congress has not applied these restrictions to the President. Consequently, there is no current legal requirement that would compel the President to relinquish financial interests because of a conflict of interest.”
BUT, I suppose IF THE GOP big dogs wanted to get rid of Trump THIS could be the way.....but they won't do a thing.
That is because the President is explicitly exempted in that law.Congress has not applied these restrictions to the President.