Businesses tied to Republican former U.S. President Donald Trump received at least $7.8 million in foreign payments from 20 countries during his four years in the White House, Democratic congressional investigators have said
Businesses tied to Republican former U.S. President Donald Trump received at least $7.8 million in foreign payments from 20 countries during his four years in the White House, Democratic congressional investigators have said, per Reuters.
Democrats on the House Oversight Committee have asserted that the foreign payments disclosed in the recently released 156-page report represent only a fraction of the payments made to Donald Trump and his family during his presidential term from 2017 to 2021.
The report alleges that countries spent generously on Trump's properties, personally benefiting him while he made foreign policy decisions with potential ramifications for the United States. Trump, unlike his predecessors, did not divest from his businesses or establish a blind trust, leading to concerns about conflicts of interest and potential violations of the emoluments clause.
The investigation faced legal challenges, reaching a settlement in 2022 when Trump's accounting firm began producing requested documents. However, the report covers only a small percentage of the numerous corporate entities owned by Trump during his presidency, as the accounting firm did not provide documents for a significant portion of his business entities.