[link removed] [[link removed]] John,
The Constitution prohibits the president and other federal officials from receiving, among other things, profits, gains or advantages from foreign governments, without the consent of Congress.
It’s all laid out in the Foreign Emoluments Clauses.
Article I, Section 9, Clause 8: 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.With his interest in Truth Social, business ties to LIV Golf and his new foreign business developments, President Trump is opening himself up for countless violations of the Foreign Emoluments Clause.
During Trump’s first presidency, he received significant payments and benefits. CREW’s research shows that more than $13 million—potentially much, much more—came to Trump’s businesses from foreign governments.
As I told Mother Jones [[link removed]] in an interview just a couple of days into Trump’s second presidency, Donald Trump is poised for even more extreme emoluments violations this time around, and that comes with potential for a whole lot more corruption.
Now, just one month later, we’re already seeing President Trump actively embrace those types of conflicts of interest, as he held a business meeting in the Oval Office with Saudi government officials and investors who do business with his family’s firms.
I’ll explain more about the conflicts of interest at play, but before I do, I’m going to ask you to make a donation to support CREW's work. Now more than ever, we need a watchdog who will hold a corrupt president accountable. So please, donate what you can today → [[link removed]]Donate $5 → [[link removed]]
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LIV Golf is a new golf league fully funded by the Saudi government, which didn’t exist when Donald Trump was president the first time. It’s held five tournaments at Trump golf courses since it launched in 2022. It even has another one scheduled for April.
That’s why it’s so alarming that Trump hosted Yasir al-Rumayyan, who runs the Saudi Public Investment Fund and oversees LIV Golf, to a meeting at the White House last week. The meeting was reportedly to engineer a deal between the PGA and LIV Golf, which could help his properties attract more business.
John, as I told the Washington Post [[link removed]] , it’s clear what’s happening: There’s really no distinction between Trump as the president and Trump as a businessman. In fact, he’s using the presidency for profit.
But as bad as the LIV Golf situation is, it’s only one of the new conflicts of interest Trump has created in time for his second presidency.
During Trump’s first term, there was also no Truth Social.
Trump Media, the parent company for Truth Social, is a publicly traded company, and so anyone, whether it’s a wealthy individual or a foreign country, can buy a large number of shares and push the stock value up.
That also drives up Trump’s net worth—which could curry favor with the president. But then, there’s also the threat that the stock could be quickly sold off, driving prices down and potentially tanking Trump’s net worth, which gives them further leverage. And we’ve already uncovered one foreign national bank investing: the Swiss National Bank [[link removed]] .
Another new threat is Trump’s crypto entity, World Liberty Financial, which is essentially a hollow vessel for anyone—including foreign governments—to put money into, which puts money in Trump’s pocket.
It’s a huge problem to have a president who appears to be, in a very direct way, using the presidency to make extra money.
That’s why CREW is taking action to expose Trump’s conflicts of interest, to hold him accountable, and to make sure the government works for the people. If you support our work, please, make a donation today → [[link removed]]If you've saved your payment information with ActBlue Express, your tax deductible donation will go through immediately to ActBlue Charities Inc. and be disbursed to CREW within 30 days:
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Thank you,
Noah Bookbinder
President
CREW
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