Interestingly, the push for reform isn’t limited to party lines. Reps. Katie Porter, D-Calif., and James Comer, R-Ky., introduced a bipartisan bill that echoes some of CREW’s recommendations, though its scope is more limited.
Trump’s Stake in Truth Social Raises Questions
Trump’s continued involvement in his publicly traded Trump Media & Technology Group, which owns the social media platform Truth Social, also raises compliance challenges. CREW warns that any substantial purchase of Trump’s stock by foreign or domestic governments could raise new emoluments concerns. Additionally, the platform’s use for government communications or sales of advertising would present fresh ethical dilemmas.
Congress to Address Trump Financial Conflicts : Foreign Payments Under the Microscope
Earlier this year, Democrats on the House Oversight and Accountability Committee released findings suggesting that Trump’s businesses received at least $7.8 million in foreign payments during his presidency. These payments came from more than 20 countries and have reignited questions about potential conflicts of interest while he held office. The Trump Organization dismissed the allegations as baseless, accusing Democrats of trying to divert attention from what they called “a major political scandal” involving Hunter Biden’s business dealings.
