By now, you have probably already heard about the train wreck that was President-Elect Trump’s first press conference as the President-Elect and his first press conference since July of last year as a nominee.
During the press conference a few key issues were supposed to be resolved mainly dealing with the President-Elect’s business and his potential conflicts of interest.
Trump has continued to say that the President cannot have conflicts of interest and that he will do whatever is necessary to resolve any potential conflicts that stem from his business. Part of the problem is that we do not even know what those conflicts are because we have not seen his tax returns to see what investments he holds or has direct dealings with that could be impacted by decisions made by the federal government.
Trump announced that his sons would be taking over the family business while he is President but will not be divesting from the company in any way.
“President-elect Trump’s planned arrangement with the Trump Organization falls far short of what’s necessary to avoid conflicts of interest and Emoluments Clause violations that will dog his administration and severely undermine the public’s faith in government,” said Common Cause Vice President for Policy & Litigation Paul S. Ryan. “Common Cause has called on President-elect Trump to divest from the Trump Organization and put his wealth into a blind trust managed independently from him. Instead, he’s decided to retain full ownership of the Trump Organization and have two of his sons run it—no divestment and no independence.”
“These are the same two sons who recently had their name attached to an inauguration fundraiser that promised access to their father for those willing to pay $1 million dollars. The event was cancelled but the precedent was troubling,” Ryan continued.
Common Cause describes themselves as “a nonpartisan, grassroots organization dedicated to upholding the core values of American democracy. We work to create open, honest, and accountable government that serves the public interest; promote equal rights, opportunity and representation for all; and empower all people to make their voices heard in the political process.”
“It is clear from President-Elect Trump’s statement and answers today that he will not fully separate himself from his business transactions and potential conflicts of interest. He also has no intention of disclosing his financial interests, as past presidents have done. His response to these legitimate questions was simply ‘trust me.’ Our democracy and the American people deserve better,” said NH Congresswoman Carol Shea-Porter.
Shea-Porter has cosponsored legislation to hold President-Elect Trump accountable and to investigate the Russian interference in the U.S. elections to remedy this dangerous situation. H.R. 371, the Presidential Conflicts of Interest Act, and H.R. 356, which would establish a bipartisan commission on the Russian interference in our elections, will protect our democracy and ensure that the President-Elect cannot enrich himself and his family while conducting the official business of the United States. Congresswoman Shea-Porter has also cosponsored H.J.Res. 26, which would deny Congressional consent for President-Elect Trump to accept any present, Emolument, Office, or Title of any kind from a foreign leader or government.
“The legislation I have cosponsored would apply the ethical standards, norms, and precedents that have been developed over decades to our incoming administration, which refuses to follow them. I urge Speaker Ryan to put these measures to a vote and pass them with the urgency these critical issues demand,” continued Shea-Porter.
“The American public must now demand complete transparency of the Trump Organization and President-elect Trump’s finances. Such transparency is America’s only hope for protecting itself against conflicts of interest and Emoluments Clause violations—and holding President-elect Trump accountable for his promises to avoid conflicts and violations of the constitution,” Ryan added.
During the campaign Trump confirmed he would release his taxes after the election however now that he is the President-Elect he is stating that it is only the media who wants to see his tax returns. This is simply not true.
Paul S. Ryan stated that Common Cause’s 700,000 members are also demanding to see his tax returns.
“The President-elect must take additional steps immediately to safeguard the integrity of the office of the President. To begin with, Trump must release his taxes and quit hiding the facts and the potential conflicts from the American people. At today’s press conference, when asked to release his tax returns, the President-elect rejected the request and claimed that the ‘only one that cares about my tax returns are the reporters.’ Common Cause’s more than 700,000 members and supporters care about the President-elect’s tax returns and additional financial disclosure. We demand it.”
What exactly is he hiding by not releasing his taxes? Is he hiding the fact that he has failed to pay anything in taxes for the last few years due to loopholes in our tax laws? Is he hiding the fact that he and his company have been doing business with foreign governments that are currently under sanction from the US Government? Is he hiding the fact that he will gain massive amounts of wealth from simple policy changes he can make as President?
We do not know because he is hiding it all from us.
It is time to come clean and do what he promised to do: release his taxes, fully divest from his company and put all of his assets in a blind trust.