President Donald Trump's Business Interests

Throughout Donald's life success was not easy for him or his businesses. The Trump organization revealed that it was 5$ billion in debt in 1990, with as much as 1$ billion spent by Donald Personally. With all the casinos, hotels, and cars Trump had to create a bailout system that would allow him to take out two to three mortgages on most of properties. Unsurprisingly Donald Trump filed for bankruptcy four times. Although he was in the hole, he was able to get himself out and with that I think that he wouldn't have been able to make any crucial business decisions without the help of many bankers and lawyers but also the use of a free enterprise system.

I believe Donald Trump is technically disobeying the Emoluments Clause of Article 1, Section 9 of the Constitution. The lawyers have strong case due to our President gaining revenue from other countries due to several businesses, which is a direct violation of the Clause, which states any person who holds an office of the United States may not, “. . . accept of any present, Emolument. . . from any King, Prince, or foreign State.” This clause was created by our original Framers to prevent foreign corruption, and internal corruption, such as a President attempting to gain more profits or a foreign ambassador receiving a present from another country's leader. President Trump’s may favor foreign countries over the U.S in order to gain more money.

Justice Editor, Ian Millhiser, published an article called Trump poised to violate Constitution his first day in office, which discusses how recently elected President Donald Trump may be in violation of the Constitution's “Emoluments Clause”. 100 foreign diplomats gathered at a Washington Trump Hotel for the purpose of winning favoritism with Trump in order to facilitate business affairs among them once he holds office. The Emoluments Clause states, “No Title of Nobility shall be granted by the United States: And no Person holding any Office of Profit or Trust under them, shall, without the Consent of the Congress, accept of any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or foreign State.” The clause explains that federal officials are not in violation as long as they do not receive special treatment from the foreign agents. For example, if the President receives more than the market

On December 8th Bernie Sanders tweeted, “This campaign is relying on small campaign donors, 800,000 of them, 30 bucks a piece. That 's who I 'm indebted to. Not Wall Street.” That tweet is one of Sander’s tweets about how Wall Street and “big banks” have corrupted the political system. Conversely, real estate tycoon and reality television personality, Donald Trump has called attention to campaign funding and the government corruption it has caused. Instead of only taking on small donations Trump is self-funding his campaign with his own private fortune. Trump was quoted in a statement from his campaign saying, “I am self-funding my campaign and therefore I will not be controlled by the donors, special interests and lobbyists who have corrupted our politics and politicians for far too long.”

As the owner of a ten billion dollar empire, Trump has established a firm reality that he knows how to make money. He has also shown that he has the leadership capabilities to head a conglomerate with thousands of employees under his wing, and has shown to the people that he can handle this responsibility reliably. Some may argue that Trump has been unsuccessful in the past, as he declared corporate bankruptcy four times over his long and storied career (O'Connor). However, past instances of failure have not been able to stifle him in his pursuit of riches. Many are aware of the fact that some of the country’s greatest presidents have a failed business under their belt. The fact that Trump was able to pick up the pieces of his business after bankruptcy and reinvent his company time and again indicates that he should be applauded rather than

The presidency is Trump’s ultimate deal. Politics has run in the Trump family for a century. Spreading the cash around to acquire political favors is a Trump mainstay–it was for dad Fred and it is for Donald. The apple has not fallen far from the

Earlier this year a law suit was filed against President Donald Trump by the Citizens for Responsibility and Ethics in Washington D.C. (CREW) The lawsuits said President Trump violated the foreign emoluments clause which according to Fahrenthold (2017), “No title of Nobility shall be granted by the Unites States: And no person holding any office of profit or Trust under them, shall, without the consent of the congress, accept of any present, Emolument, office, or Title, of any kind whatever, from any king, Prince or foreign State”. Recently 38 trademarks was granted to Trump in China after a decade of him fighting in courts. The timing of this is peculiar because he was granted the trademarks after he was elected President. Trump owns a

It is considered treason when you break the law or commit actions that are unconstitutional. The punishment for treason-- since Trump is allegedly committing treason with breaking the foreign emoluments clause-- is impeachment. Impeachment is the act of removing a representative from office formally. “In the US, impeachment is the first step in a constitutionally sanctioned two-stage process to remove a president from office for committing “treason, bribery, or other high crimes and misdemeanors”.” (Pasha-Robinson) The foreign emoluments clause is a section in the first article of the US Constitution, where there cannot be any foreign business involvement with a president "... no person holding any Office of Profit or Trust under [the United States], shall, without the Consent of the Congress, accept of any present, Emolument, Office or Title, of any kind whatever, from any King, Prince or foreign State.” The US might see an impeachment come into place soon if President Trump does not remove himself from the Trump Organizations completely. “Examples of existing business arrangements that constitute violations of the foreign emoluments clause include: China’s state-owned Industrial and Commercial Bank of China is the largest tenant in Trump Tower, and the state-owned Bank of China is a major lender to Trump.”

He is the fourth child among five children of Fred Trump, a filthy rich real estate developer based in New York City. It was Donald's father who made a strong influence in his goals to achieve and make a name for himself in real estate development. After getting a degree at Wharton School at the

As many people know since Trump claimed the president's seat in 2016 there has been a multitude of problems with his presidency. One problem that has arose is that he is taking benefits from foreign countries without the consent of congress. In Article I of the Constitution there is clause about Foreign Emoluments (Emoluments Clause) where it says that “ No Title of Nobility shall be granted by the United States; And no person holding an office of profit or trust under them, shall, without the consent of the congress, accept of any present, emolument, office, or title, of any kind whatever, from any king, prince, or foreign state.” The constitutional problem that has arose is that there has been three different occasions where President Trump has been known to break the rules of this clause. He has taken 40 trademarks for his company from China, housed foreign diplomats in his hotels, and foreign officials have rented out his property.

Donald Trump inherited his business sense from his father, a self-made man who earned a fortune in the construction business. The son of German immigrants, Fred Trump started his own construction company while he was still in high school. Since he was just 15 years old at the time and his father had recently died, his mother served as his partner. She signed all the checks and contracts for the business, which they called E. Trump & Son.

President-elect Trump is entering a presidency with an unprecedented conflict of interest between cleaning up Washington’s culture of self-dealing or turning the presidency into an arm of his family business. To avoid serious political damage, he should liquidate his stake in the Trump Organization and put the proceeds in a true blind trust that is run by an independent manager. This sale could be both painful and costly for Trump but he should be willing to make this sacfrice since millions of Americans have put their trust in him to improve their lives and “not treat the presidency as a brief hiatus from his business. I think if Trump were to make this sacrifice he would be making a statement that he’s here to help improve the country and

Let's start with presidential candidate Donald Trump. With more than 20 years of large business and property ownership, Donald Trump has the upper hand when it comes to running a business, and running the country is very similar to running a business. Most of us know that politicians have always had big business backings. It is pretty much par for the course, which is one reason why Donald Trump has gained so much popularity. People are tired of the "business as usual" way the government is being run.

Donald Trump is known for his erraticism and exceptional businesses practices. He shows an eccentric leadership style, which is portrayed by numerous qualities. One of these is the need for power. This is revealed by all the

Trump Towers is a family owned business it was first owned by Fred Trump, Donald Trump’s father. Donald Trump followed