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How the Trump kids have profited off Dad's presidency

"No one knows a “clear conflict of interest” when they see it better than the president's children." 🐷



"Setting aside the alternative facts underlying the Trump kids’ criticisms, however, their decision to wade into this controversy is notable for a different reason: During their father’s tenure as president, Don Jr. and Eric have repeatedly managed to cash in on their newfound positions of political privilege in their business dealings. So, too, have their sister Ivanka and brother-in-law Jared Kushner, both of whom hold senior positions in the administration and whose companies and investment portfolios netted them anywhere between $29 million and $135 million last year, per their financial disclosure forms. Here are some of the highlights of when the family's business intertwining with government affairs constituted the “appearance of impropriety” and “conflict of interest.”


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"Since then, Forbes says, the brothers have sold off more than $100 million worth of Trump Organization real estate. That figure includes a $33 million sale of the company’s stake in a federally subsidized housing complex—a transaction Secretary of House & Urban Development Ben Carson had to approve—and a $3.2 million sale of land in the Dominican Republic last year, which Forbes called “the clearest violation of their father’s pledge to do no new foreign deals while in office.” Taxpayers cover the security costs of each business trip the pair makes—in the first two months of 2017 alone that included $97,830 for a trip to Uruguay, $53,155.25 for a trip to Vancouver, and $16,738.36 for a trip to Dubai, according to NBC News."


"In February 2017, the Trump Organization unloaded a $15.8 million Trump Park Avenue penthouse—a home formerly occupied by Jared and Ivanka—to Angela Chen, who runs a consulting firm with ties to Chinese government officials and (allegedly) Chinese military intelligence, says Mother Jones. A Forbes analysis found that this price was 13 percent more than that paid for a comparable unit a year earlier, and that it sold at a time when the building’s other units, on average, were selling for 25 percent less."


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"Ivanka's résumé was similarly thin for someone taking on a senior West Wing position—a fashion designer, Trump Organization executive, and sometimes-judge on The Apprentice. She also experienced delays in her attempts to obtain a security clearance, and she was also the beneficiary of some timely presidential intervention: According to CNN, Trump pressured both Kelly and then White House counsel Don McGahn to make decisions on Ivanka's clearance "so it did not appear as if he was tainting the process to favor his family." When Kelly and McGahn refused, Trump went ahead and approved his daughter's clearance himself."


How Don Jr., Ivanka, and Eric Trump Have Profited Off Their Dad's Presidency

GQ, October 14, 2019

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