Donald Trump to Dissolve His Charitable Foundation

Donald Trump's announcement that he will shutting down his charitable foundation in an effort to avoid conflict of interest laws is being met with push-back from New York's Attorney General who reminded the president-elect that he and it are still under investigation.

Trump's sudden conversion to ethics-in-government gospel might be credible if the Trump Foundation were not under investigation by New York State Attorney General Eric Schneiderman, who ordered a halt to fundraising in October after confirming it had never registered to solicit money in New York.

Carnage abounds in new trailer for Alien: Covenant released Christmas Eve
Ridley Scott returns to the universe he created, with ALIEN: COVENANT, a new chapter in his groundbreaking ALIEN franchise. Judging by the mostly negative reviews, " Alien " appeared destined for the dustbin of space horror movies.

President-elect Donald Trump said Saturday he will dissolve the Trump Foundation, the charitable foundation in his name, as part of efforts to untangle himself of conflicts of interest in the weeks before he is sworn into office. The charity has admitted that it violated IRS regulations barring it from using its money or assets to benefit Mr Trump, his family, his companies or substantial contributors to the foundation.

"I gave millions of dollars to DJT Foundation, raised or recieved (sic) millions more, ALL of which is given to charity, and media won't report!"

Matchup between Clemson WRs and Ohio State DBs could decide Fiesta Bowl
When Clemson is on offense, the key to the game will be quarterback Deshaun Watson's ability to prevent costly mistakes. The Buckeyes offensive line has struggled in pass protection at times this year, allowing 25 sacks on the season.

After a brief Christmas Day break, President-elect Donald Trump re-emerged on Twitter, his pulpit of choice, mixing self-promotion, vague suggestions about foreign policy and questionable statements about his charitable foundation in a storm of post-holiday tweets. Trump used his foundation's money to buy a six-foot-tall portrait of himself for $20,000, and had earlier bought another portrait for $10,000, the Post's reporting showed. Trump paid a $2,500 penalty for spending philanthropic funds on politics. "And we have been concerned that the Trump Foundation may have engaged in some impropriety from that point of view".

That gift was made as Bondi's office was considering whether to investigate fraud allegations against Trump University. Trump announced this weekend that the move to close the Donald J. The incoming president also happens to be a 70-year-old billionaire-two demographics not used to being told what to do and that they have to entirely change the way they've been doing things for decades. Leading recipients of the foundation were Comic Relief, Inc. of New York City, Caring for Military Families of Washington, D.C., and Marine Corps - Law Enforcement Foundation of Tuckahoe, N.Y. with each receiving $100,000. But with less than a month to go and still no officially-announced plan, there is no room for stubbornly clinging onto what he's always done as a businessman, because he is no longer a businessman. The foundation can not legally dissolve while it is being investigated, according to the Attorney General's office. "The Trump team did not respond to ABC News" requests for comment when news of The Washington Post story broke, but released a statement after the Post's story at the time, saying it was "peppered with inaccuracies and omissions". Instead of reaching into his personal piggybank, Trump settled the lawsuit using his foundation's money.

Boise State vs. Baylor: Score and Reaction for 2016 Cactus Bowl
His quarterback benefited the most from his huge night as Zach Smith posted 375 yards and three scores in the win. Baylor (7-6) went into a downward spiral the last half of the season after opening with six straight wins.

Throughout the campaign, Trump took sharp aim at his opponent Hillary Clinton's own family foundation, claiming it was a pay-to-play vehicle for the Democratic nominee and her husband, former President Bill Clinton.

(Copyright © 2015. All Rights Reserved.)
 
Recommended

Carrie Fisher in stable condition, her mother tweets
Fisher is considered by many to be a member of Hollywood royalty - her parents are Reynolds and the late singer Eddie Fisher. Fisher was on a plane flying from London to Los Angeles when she suffered a heart attack at one point during the trip.

Windows 10 Creators Update might allow you to pause updates
The feature Tkachenko noted, available in Windows 10 build 14997 , would allow users to pause updates for up to 35 days. As highlighted by the Walking Cat Twitter post , Windows 10 14997 has a new DLL called "gamemode.dll".

Trump calls Boeing to price Super Hornet against F-35
Boeing CEO Dennis Muilenberg described his meeting with Trump about the new Air Force One as a "very productive" discussion.

Gigi Hadid Reportedly Turns Down Marriage Proposal from Zayn Malik
At the time a source told US Weekly: "They broke up and got back together nearly right away". Performer Lady Gaga turned to Twitter to express her wishes for the cute couple.

Yahoo confirms more than one billion accounts compromised in massive data breach
The Internet company is already the subject of class-action lawsuits resulting from the breach it announced in September. Reflecting its diminished stature, Yahoo was not invited to the summit, according to people familiar with the meeting.

German investigators search for Berlin market attacker
Twelve people were killed and 48 others injured when a truck plowed into a popular Berlin market Monday evening. But that investigation was dropped in September. "As a result of this we are on high alert", Mr.

Fresh advance in east Mosul to begin within days: USA commander
That's because Iraqi forces are preparing for a new advance against Islamic State fighters inside the besieged city. However, after Mosul is taken, there will still be remnants of ISIS forces scattered throughout the country.

Gruesome ISIS video shows Turkish soldiers burned alive
At least 37 Turkish soldiers have been killed in northern Syria since then, including 16 during the clashes in al-Bab this week. Towards the end of the video, two Turkish soldiers are shown being held captive in a cage with large chains around their neck.

Hedgie busted in $1B fraud scheme
Now, half a dozen top executives of the fund, including its other co-founder, have capped off 2016 by getting arrested this morning.

Turkish President Tayyip Erdogan 'has EVIDENCE US is supporting ISIS'
It said that such weapons deliveries would pose a "direct threat" to Russian warplanes, military personnel, and diplomatic staff in Syria.

Child uses sleeping mom's fingerprints to buy Pokemon gifts
In total, Ashlynd's mother Bethany Howell had to pay $250 in Pokemon gifts. "Yeah, mommy, I was shopping", she told her mother. It's no wonder a young child would think nothing of using a phone to customize their Christmas wish list.

Zara Tindall, Queen Elizabeth's Granddaughter, Loses Baby
Queen Elizabeth II's granddaughter and Princess Anne's daughter was expecting her second child with husband Mike Tindall. She won the Eventing World Championship in 2006 and was subsequently named BBC Sports Personality of the Year.

Monte Paschi Says ECB Sees the Need for $9.2 Billion of Capital
Monte Paschi's shares are suspended from trading in Milan until full details of the bank's capital-strengthening are available. The European Commission needs to give the final stamp of approval before any bailout money can go to Monte dei Paschi.

(GM) Now Covered by Analysts at BMO Capital Markets
Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $1.00 to $1.35. Following the sale, the president now directly owns 153,850 shares in the company, valued at approximately $5,692,450.

Happy Holidays, Donald Trump
You can send this unbelievable Merry Christmas wishes, quotes, status, SMS, and messages, or can write them in greetings. Happy Christmas 2016 is all here, and the world is celebrating the moment right now.


More News

News
More News