Breitbart: Breitbart News Senior Editor-at-Large Peter Schweizer, president of the Government Accountability Institute and author of the best-selling Clinton Cash, discussed President-elect Donald Trump’s decision to dissolve his Trump Foundation on Tuesday’s Breitbart News Daily.
He explained to SiriusXM host Raheem Kassam that the Trump Foundation was a “little bit different, in a number of respects” from the Clinton Foundation, which became a major issue for candidate Hillary Clinton during the 2016 presidential campaign.
“The Trump Foundation, by and large, is what’s called a ‘grant-giving’ foundation,” Schweizer said. “They would raise money – much of it came from the Trump family – and then they would take that money and give it to charitable organizations. It might be veterans groups. It would be community groups. There’s a whole long list of people they’ve given money to over the years.”
“Unlike the Clinton Foundation – which, first of all, is much larger and had an infrastructure where they had a lot of employees; they ran their own programs – the Trump Foundation was really about giving grant money to other charitable organizations for the work they’re doing,” he noted.
Schweizer said that based on Trump’s announcement, it looks like there will be an “immediate cessation” of the Trump Foundation’s work, which should address conflict-of-interest concerns.
“I’ve got to tell you, this is what leadership looks like,” he said. “Consider what Donald Trump has done voluntarily. This is not something that was imposed on him by somebody else. In the case of the Clintons, you know Barack Obama forced the Clintons into doing a lot of things they didn’t want to do, when she became secretary of state.”
“Donald Trump has voluntarily now said, ‘I’m going to stop the Trump Foundation. It’s not going to exist. We’re no longer going to launch new business projects overseas, meaning major projects like hotels, et cetera, which is a huge concession.’ And he is going to be setting up a structure to, as best can be done given the legal constraints, remove himself from the decision-making of the Trump organization,” Schweizer said. MORE
The big losers following the dissolution of Trump’s foundation will be the grantees. Not so with the Clinton’s.
I realize Trump has his rough edges, but I sense he is taking the job seriously and with genuine commitment. It is a welcome change to have a real man running the show. He worked hard to win and continues to work hard.
“…a little bit different…”
There is a joke in there somewhere, I just know it.
Salon has posted two stories about this today, and they claim it is illegal for him to close his foundation. The have previously claimed that it is illegal for him to maintain that foundation as President. In other words, no matter what he does, he is impeachable one January 21.
liberalism is a mental disorder.