Type of Content
Approved Story
1
Format
Region
News Item Format
Standard
Autocurated
0
President-elect Donald Trump will start his second term with an even larger web of financial entanglements, reviving concerns over how a billionaire businessman and his allies can serve in the White House without conflicts of interest.
Trump promised the Trump Organization’s pursuits would be walled off from his duties as president upon first entering office in 2017. But his sprawling interests, in particular the properties he owns as a real estate developer, prompted lawsuits on the Constitution‘s emoluments clause that got tossed out by the Supreme Court after he left office.
One outside group that sued Trump alleged that he had 3,400 conflicts during his first term as president.
Four years later, Trump’s promise may be even harder to keep. He now also has a majority stake in publicly traded social media platform Truth Social, while his son Eric announced a new Trump Tower will be built in Saudi Arabia.