Fined $2 million after admitting his foundation was his piggy bank, the president shows he always comes first.
On Monday, President Trump will kick off the 100th New York City Veterans Day Parade, at which he is likely to boast, as is his wont, of his devotion to the men and women who have served in the military.
But a legal settlement announced on Thursday reveals that for Donald Trump, personal interest outranks even the needs of veterans. Under the agreement, a New York judge ordered the president to pay $2 million in damages after Mr. Trump admitted that his now-defunct Donald J. Trump Foundation largely benefited Donald J. Trump….
More here: Judge rules that Donald Trump must pay $2 million to charities. Published Nov 8th by Michael Collins Dennis Wagner Kevin McCoy in USA TODAY
The lawsuit, filed last year by then-New York Attorney General Barbara Underwood, outlined a wide array of mismanagement by Trump and his three eldest children.
Chief among them: allowing Trump’s 2016 presidential campaign to orchestrate a televised fundraiser in Des Moines, Iowa, for the foundation, which then distributed $2.8 million to veterans’ charities that were also chosen by the campaign.
Charities are prohibited by New York law from supporting political candidates or campaigns.
Trump staged the fundraiser on Jan. 28, 2016, days before the Iowa caucuses, rather than participate in a Republican presidential debate.
According to the lawsuit, Trump’s campaign staff, not the foundation, chose the veterans’ groups that would get the money. That violated New York’s charity laws.
The Attorney General’s Office and the Trump Foundation reached an agreement last year to dissolve the foundation and distribute its remaining $1.8 million in assets to a variety of charities, including the Army Relief Fund and the U.S. Holocaust Memorial Museum.