Trump tapping Washington, Wall Street veterans for top jobs

December 09 08:02 2016

The government’s legislative and judicial branches are governed by well-established rules, but there’s far less clarity about what a president can and cannot do. It reflects Trump’s view of his own election-that he was sent to Washington to shakeup not just how things are done, but who is doing those things.

Trump did not provide any details about how he planned to separate from his businesses, though he said legal documents were being prepared.

“We don’t know if he in effect turns over operational control to his kids what those firewalls will look like”, she said.

Before landing in Ohio, Mr Trump and Mike Pence, the vice president-elect will head to in to announce that Carrier, an air conditioning company in the state has made a decision to keep jobs previously bound for Mexico.

There have been growing questions about the potential conflicts of interest posed by Trump’s continued business interests and his role as president.

“The Presidency is far more important task”, Trump said in another tweet trying to end the controversy surrounding the alleged conflict of interest he would have with his business while he is President of the US. But a possible conflict lurks there, too, since Trump’s business empire leases the property for the hotel under a 60-year agreement with the USA government’s property management agency.

Fresh off a speech Thursday afternoon at a Carrier manufacturing plant, Mr. Trump promised more of the same when it came to keeping jobs in the country.

Trump’s sprawling business empire is unprecedented for a modern sitting president, as is the complexity and opaqueness of his financial holdings. “That creates such a serious conflict of interest that the framers of the Constitution prohibited it for the president in the Emoluments Clause”. To critics who see other IN factories on the verge of closing, deals like the one at Carrier are unlikely to stem the job losses caused by automation and cheap foreign competition, and the prospect that the White House might directly intervene is also a concern to some economists. Trump will appear at the U.S. Bank Arena as a “thank you” to the Buckeye State. “It’s hard to imagine anyone would have standing”, he said.

The Congressional Research Service recently provided three pages of guidance, at the request of Democrats, on federal provisions that “might technically apply” to the president.

But then every candidate in the recent past has also released their tax returns.

In persuading Carrier to keep hundreds of jobs in Indiana, President-elect Donald Trump is claiming victory on behalf of factory workers whose positions were bound for Mexico.

Such quandaries thrust the Republican-led Congress into an important watchdog role. These include a lease for a government-owned building (which houses Trump’s Washington, DC, hotel), numerous overseas investments in countries such as Turkey and the Philippines (where USA foreign policy is under pressure), and massive loans from Deutsche Bank and the state-owned Bank of China.

For his part, Tilson said he is relieved that Trump appears to be surrounding himself with bankers and businessmen, recalling that he was anxious Trump “was going to do insane things that would blow the system up”. “He hasn’t even been sworn in yet, Chaffetz said Tuesday on Fox News”.

Trump did not provide any details about how he planned to separate from his businesses though he said legal documents were being prepared

Trump tapping Washington, Wall Street veterans for top jobs
 
 
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