Posts Tagged ‘divest’

Adam Schiff: Trump Divest Businesses Now

Posted by admin on Tuesday, December 27, 2016

Adam Schiff Money Quote saying Trump will be boxed in on all decisions affecting his business interests and must divest fully. Adam Schiff said:
 
fully divest. Trump has said he doesn’t care about his business interests anymore. Time to prove it Quote
 

“The only way out of this box is to fully divest. Trump has said he doesn’t care about his business interests anymore. Time to prove it” — Adam Schiff

 

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In this quote, Representative Adam Schiff appears to be calling on Donald Trump to more fully divest from his business interests. A few key points:

  • Schiff refers to the “box” Trump is in, likely meaning the conflicts of interest and ethics concerns around him continuing to profit from his private businesses while president.
  • He argues that the only way to definitively resolve these issues is for Trump to “fully divest”, or completely sell off his ownership stakes and cut ties with his companies.
  • Schiff notes Trump has claimed he no longer cares about his business interests, and Schiff is essentially challenging him to prove this claim is true by fully divesting as opposed to partial separation through a trust.
  • The quote conveys Schiff’s view that half-measures are not enough and full divestment is necessary to resolve criticisms around Trump mixing his public role with private profits from his business empire.

Overall, Schiff appears to be pushing Trump to take more substantive steps to resolve conflicts of interest by fully divesting rather than maintaining ongoing financial connections to his companies.

Chris Coons: Trump Divest Money Interests

Posted by admin on Tuesday, December 27, 2016

Senator Chris Coons of Delaware Quote saying democrats have introduced a bill which insists Trump divest of his financial holdings to avoid risks of conflict of interest as defined by emoluments clause of constitution. Senator Chris Coons of Delaware said:
 
require the President to divest their financial interests and place the proceeds in a blind trust. The presidency is a full-time job with only one client: the American people Quote
 

“Congress must act promptly to pass this legislation that will require the President to divest their financial interests and place the proceeds in a blind trust. The presidency is a full-time job with only one client: the American people” — Chris Coons

 

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Senator Chris Coons is arguing that President Trump should divest from his financial holdings and business interests and place them in a blind trust in order to avoid potential conflicts of interest between his personal financial interests and his duties as President. Coons introduced legislation that would require the President to do this.

In the quote, Coons states that the presidency is a full-time job and the President’s only client should be the American people, not his own businesses or financial interests.

So the quote supports the interpretation that Coons believes the Emoluments Clause requires the President to divest and avoid mixing his private interests with his public duties as leader of the country.

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