Politico
6 days
Under federal law, Trump's next financial disclosure form is not required to be filed until May 2018. Unlike other major presidential candidates for the past several decades, Trump has declined to make his tax returns public, although portions of a couple returns have turned up in the press. White House spokespeople did not respond to a request for comment on the suit. A private Trump attorney, Sheri Dillon, referred a request for comment to the Trump Organization, which declined to comment. Lovitky primarily litigates health care financing disputes, but also pursues civil rights cases from time to time. Asked why he is pressing the issue about Trump's financial disclosures, the attorney said: It's mostly the fact that with this president there are very serious concerns about conflicts of interest in this particular administration and I think it’s important that those concerns be addressed thoroughly.
Politico
a month
Bush’s ethics lawyer. The Trump lawyer who developed the plan, Sheri Dillon at the firm Morgan Lewis, disputed that interpretation. “The so-called Emoluments Clause has never been interpreted, however, to apply to fair value exchanges that have absolutely nothing to do with an office holder,” Dillon said on Jan. 11. “Paying for a hotel room is not a gift or a present, and has nothing to do with an office. It is not an emolument.” But either way, the Trump Organization has offered no indication of how it will identify all foreign emoluments, how it will calculate profits, and when it will make the donations to the U.S. Treasury. The watchdog group led by Eisen and Painter, Citizens for Responsibility and Ethics in Washington, has already sued Trump in federal court for allegedly violating the Emoluments Clause within days of his inauguration. Legal experts are dubious of the lawsuit’s chances because the organization may not be able to prove how it’s injured.
Politico
a month
White House spokeswoman Kelly Love and ethics counsel Stefan Passantino didnt answer requests for comment. Neither did an aide to Sheri Dillon, Trump’s lawyer at Morgan Lewis who developed his conflicts-of-interest measures. Ivanka Trump isnt the only offspring whose business endeavors are creating controversy. People familiar with the matter say the two sons, Eric and Don Jr., actively want to grow the family's business and are exploring new opportunities, one person said. Trump handed off management of the Trump Organization’s day-to-day operations to the two of them. Eric, in particular has taken a very aggressive position, this person said. The two sons have also taken little care to steer clear of the White House. They both showed up for Trump’s announcement of Judge Neil Gorsuch as him Supreme Court nominee, and chatted with senators and Trump aides before heading back to New York.
Voice Of America
2 months
Sheri Dillon, Trump’s tax lawyer, said last month that an agreement with Trump’s trust limits the information the president can access about his company. The Times, which says the Trump Organization declined to comment on its article, says the information about Trump’s trust was obtained through a Freedom of Information Act request by ProPublica. The Trump Organization has released a list of hundreds of companies Trump has been involved with, and says he has resigned from all of them. The Trump Organization has also said it will not pursue any overseas business deals, but plans to expand within the U.S. Washington hotel On another issues, the Times article says the president will benefit from his arrangement with the federal government for the Old Post Office Building, which houses his Trump International Hotel. The lease for the building, the Times says, signed by Trump and his three oldest childrenappears to prohibit a federally elected official, including the president, from benefiting from it.
Politico
2 months
She cited the potential for conflicts of interest when installing an ethics adviser in Trump’s company, rejecting calls for him to divest from the company, and donating profits from foreign governments. In sum, I and president-elect’s other advisers at Morgan Lewis have determined the approach we’ve outlined today will avoid potential conflicts of interests or concerns regarding exploitation of the office of the presidency without imposing unnecessary and unreasonable loses on the president-elect and his family,” the lawyer, Sheri Dillon, said on Jan. 11.
Politico
2 months
The Huffington Post
2 months
Politico
2 months
Trump’s lawyer who worked on the plan, Sheri Dillon with the firm Morgan Lewis, did not specify who the trust’s beneficiary is, or whether Trump still technically owns the assets in the trust, or whether he can retake the holdings when he leaves office. But it’s clear that Trump is maintaining a financial interest in the Trump Organization, which means he could still enrich himself through official actions that benefit the company. “This is not a blind trust — it’s not even close,” Shaub said. “The only thing it has in common with a blind trust is the labeltrust.’” Trump’s plan does nothing to prevent him from profiting off the presidency, ethics experts said Wednesday. “Having Trump’s adult children lead the operational control of his business, while he still retains full ownership, is not an acceptable solution,” Trevor Potter, president of the Campaign Legal Center and a former campaign lawyer to John McCain, said in a statement.
Politico
2 months
Even though numerous ethics experts, Republicans and Democrats alike, have called explicitly for Trump to adhere to the norms of the Oval Office and sell his business or establish a blind trust, his attorney issued a lengthy statement about why he wouldnt be doing that, and why it wasnt necessary, or even possible. “President-elect Trump,” Sheri Dillon said, “should not be expected to destroy the company he built.” But in interviews with POLITICO this week, people who have known, worked for and watched Trump closely for decades offered a different perspective, and one with potentially profound implications for his presidency. The reason, they said, is much simpler. He can’t let go. “I think he’s incapable of seeing himself as anything other than the CEO of his company, said Trump biographer Wayne Barrett, who started writing about him in 1979 with a two-part investigation in the Village Voice .
The Economic Times
2 months
" Trump clashed openly with CNN's correspondent, telling him: "You are fake news." But he reserved his harshest words for BuzzFeed, which published the unverified 35-page report in full: "As far as BuzzFeed, which is a failing pile of garbage, writing it, I think they're going to suffer the consequences." A key issue in the report, which, although pressed by reporters, Trump avoided answering. A big question since his election has been, how will Trump handle his huge real estate business while president. On Wednesday came the definitive answer: Trump said he had signed documents "turning over complete and total control to my sons," Don Jr and Eric. The actions "will sever President-elect Trump's presidency from the Trump Organization," said his attorney, Sheri Dillon. She said the business would strike no foreign deals during Trump's mandate. Trump, as key shareholder, will only receive an annual report on the operation.
The Huffington Post
2 months
It suggests sordid chaos at the highest levels. It feels like end-state, social decay, late-stage-empire stuff. It's Caligula-in-the-corner-office stuff. But there's something more important going on, and you don't need unsourced reports to see it. It was hiding in plain sight when, in a bizarre intermezzo, Trump interrupted his own press conference for a legal presentation from the Washington law firm of Morgan, Lewis & Bockius LLP. People joked about attorney Sheri Dillon's flat affect and boring speaking style. But it was Dillon, not Trump, who provided the day's biggest shock. If her dullness of tone helped camouflage it, that may not have been an accident. It was Dillon who outlined Trump's plan for managing his businesses while he's in the Oval Office. If that plan doesn't amount to premeditated corruption, it certainly paves the way for it.
TYT YouTube
2 months
Donald Trump is refusing to fully divest from his companies. Ana Kasparian and John Iadarola, hosts of The Young Turks, break down Trump’s many conflicts of interest. Tell us what you think in the comment section below. https://www.tytnetwork.com/go “Donald Trump has outlined how he will aim to avoid any conflicts of interest when he steps into the White House. His lawyer, Sheri Dillon of Morgan Lewis, told reporters that he will resign from the Trump Organisation and hand over management to his sons, Don Jr and Eric. His daughter, Ivanka Trump, will also resign from the family company and move with her husband, Jared Kushner, and her children to Washington DC. The Trump Organisation will not carry out any foreign deals, the lawyer said, and for any new transactions, his sons will ask for written approval from an ethics adviser.” Read more here: http://www.
The Sun Daily - World News
2 months
"My two sons, who are right here, Don and Eric, are going to be running the company," the president-elect told a news conference in New York. "They're not going to discuss it with me," he added. Don Jr, 38, and Eric, 32, are Trump's eldest sons from his first marriage and are currently, with their sister Ivanka, executive vice presidents in the Trump Organisation. Trump said manila files covering a table next to the lectern were the signed documents "turning over complete and total control to my sons", before handing the stage to his lawyer, a Washington law firm partner. The attorney, Sheri Dillon, defended the plan saying it would "completely isolate" Trump from the management of his business during his presidency and that no new foreign deals "whatsoever" would be made during his time in the White House. 'Not feasible' All pending deals – more than 30 – were cancelled, causing a "financial loss of millions of dollars" to Trump and his children, said Dillon, a partner in the firm Morgan, Lewis & Bockius.
Politico
2 months
Even though he entered the press conference under fire on Wednesday, Trump still appeared more comfortable when he was running the room than when he was standing to the side as a bystander. Trump ceded the podium in the middle of taking questions, so his attorney Sheri Dillon could outline at length the steps Trump is planning to remove himself from the day-to-day operation of his real estate business. But without the spotlight on him, Trump appeared to grow distracted, whispering to his stone-faced daughter, Ivanka, and sipping water from a plastic bottle. If the cheering staffers created a sense of support for Trump as he denied any collusion with the Russians during the campaign and promised to get Mexico to pay for his wall, the scene outside was a reminder of the other side of the coin. Protesters holding up signs likening the Trump-Pence team to a “fascist regimelined up across Fifth Avenue from Trump Tower in protest.
Slate
2 months
When President-elect Donald Trump emerged Wednesday for his first press conference in almost six months, he did not come alone. The table next to Trump’s lectern groaned with stacks of manila folders. These were “some of the many documents,” Trump explained, “that I’ve signed turning over complete and total control [of the Trump Organization] to my sons.” Those many documents—which were hidden from view by their protective manila armor—were accompanied by a lawyer, Sheri A. Dillon , of the Washington firm Morgan, Lewis Bockius ( recent winner of the Russia Law Firm of the Year award ) who spoke in a measured drone that seemed designed to hypnotize viewers into thinking that Trump’s decision not to divest himself completely from his business interests would make America great again.
Politico
2 months
The lawyers said Trump will have “limited information rights” regarding what’s happening at the company he built over decades. Under the new ethics plan, Trump, his children and his longtime business associates will be barred from discussing company operations and the inner workings of the U.S. government. Trump's team did not provide any details on how that ban would be enforced or verified. Trump’s team defended the arrangement during his press conference, saying that divesting or taking the company public was not feasible, and that the current approach would eliminate the possibility of conflicts of interest without causing him “unnecessarylosses. “President-elect Trump should not be expected to destroy the company he built, said Trump attorney Sheri Dillon. Trump himself said he was doing more than what it required. “I dont have to do this,” he said during the nationally-televised press conference at Trump Tower in New York.
Ruptly TV
2 months
US President-elect Donald Trump announced that he will be handing over control of his business empire to his two sons, Donald Jr and Eric, at a press conference in New York on Wednesday. Trump announced that lawyer Sheri Dillon and a team the firm Morgan Lewis are currently working on a framework to ensure that there are no conflicts of interest. "I understand they don't want presidents getting tangled up in minutia; they want a president to run the country", Trump said, but added that he could run continue to run his business if he wanted to. Video ID: 20170111 032 Video on Demand: http://www.ruptly.tv Contact: cd@ruptly.tv Twitter: http://twitter.com/Ruptly Facebook: http://www.facebook.com/Ruptly
Politico
2 months
The lawyers said Trump will have “limited information rights” regarding what’s happening at the company he built over decades. Under the new ethics plan, Trump, his children and his longtime business associates will be barred from discussing company operations and the inner workings of the U.S. government. Trump's team did not provide any details on how that ban would be enforced or verified. Trump’s team defended the arrangement during his press conference, saying that divesting or taking the company public was not feasible, and that the current approach would eliminate the possibility of conflicts of interest without causing him “unnecessarylosses. “President-elect Trump should not be expected to destroy the company he built, said Trump attorney Sheri Dillon. Trump himself said he was doing more than what it required. “I dont have to do this,” he said during the nationally-televised press conference at Trump Tower in New York.
Politico
2 months
Dont be rude…I am not going to give you a question. You are fake news.”) and settling scores from a campaign that’s still clearly fresh on his mind (“He’s going to crack that 1 percent barrier one day,” Trump said of former rival Sen. Lindsey Graham). It came in two 20-minute acts, with a 15-minute lawyerly intermission on why Trump wasnt removing his multi-billion-dollar empire from his family’s control. “President-elect Trump should not be expected to destroy the company he built,” his attorney Sheri Dillon said. Dillon said it was not feasible to either sell all of Trump’s many assets, which would create its own conflicts, nor to fully divest them when his name is central to the brand. “President Trump can’t unknow he owns Trump Tower,” she said. Trump himself said that, “Over the weekend I was offered $2 billion to do a deal in Dubai with a very, very amazing man.
Breitbart News
2 months
Wednesday, President-elect Donald Trump addressed reporters at a press conference from Trump Tower in New York City. Transcript as follows: SPICER: Morning. Thanks for being here (ph). (inaudible) days away from the inauguration of the next president and vice president of the United States. Its an opportunity to be here today to allow the president-elect to take your questions. After the president-elect makes some remarks, he will introduce Ms. Sheri Dillon, a prominent attorney in Washington, D.C. with the prestigious form of Morgan Lewis who will who structured the agreements pursuant to the presidents business arrangements and she will give brief remarks. Before we start, I want to bring your attention to a few points on the report that was published in BuzzFeed last night. Its frankly outrageous and highly irresponsible for a left-wing blog that was openly hostile to the president-elects campaign to drop highly salacious and flat out false information on the internet just days before he takes the oath of office.
Politico
2 months
Trump admitted: “As far as hacking, I think it was Russia.” After months of rejecting the intelligence community’s assessment that Russia meddled in the U.S. presidential election, he conceded Wednesday that he believes Russia conducted cyberattacks . “But I think we also get hacked by other countries and other people,” he continued. _______ • “President-elect Trump should not be expected to destroy the company he built,” Trump attorney Sheri Dillon announced, disclosing that he will not divest or form a blind trust to disentangle himself from potential business conflicts. Reading a lengthy prepared statement, Dillon said Trump will be fully isolated “from the management of the company” — his sons Don Jr. and Eric, along with another Trump Organization executive, will take over — and “take all steps realistically possible to make it clear that he is not exploiting the office the presidency for his personal benefit.
TIME - Top Stories
2 months
In a press conference on Wednesday, as President-elect Trump brought attorney Sheri Dillon forward to speak to the point of how he will avoid potential conflicts of interest between his business interests and his role as President of the United States. His business empire is not dissimilar to the fortunes of Nelson Rockefeller when he became Vice President, she noted, but at that time no one was so concerned. In fact, though Rockefeller's wealth did not ultimately prove an obstacle for his service as Vice President under Gerald Ford, TIME's archives show that plenty of people were concerned that his fortunes might pose a problem. Rockefeller's arrival in the office of Vice President came about in an unusual way, after Gerald Ford became President following Richard Nixon's resignation in 1974. That circumstance left the vice presidency open, and Ford selected Rockefeller, a former New York Governor, to fill the job.
Sputnik International
2 months
Tax attorney Sheri Dillon said that the Trump organization will not make any foreign deal during the duration of Donald Trump’s presidency.
TIME - Top Stories
2 months
Donald Trump's team addressed concerns about his potential conflicts of interest on Wednesday by saying he would donate all money spent by foreign governments on bills at his hotels to the U.S. Treasury. Sheri Dillon, an attorney with Morgan Lewis who has worked with the Trump team to structure his new business arrangements , said that the Emoluments Clause in the U.S. Constitution did not apply to hotel bills, but he would take steps anyway to avoid profiting from any foreign officials choosing to book rooms in his hotels. He is going to voluntarily donate all profits from foreign government payments made to his hotels to the U.S. Treasury, she said. This way it is the American people who profit. The Emoluments Clause specifies that 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.