Old law may neutered Turnips business deals as President.

Silly season is upon us, keep it civil, but this lets folks who don't want to watch the train wreck more easily avoid forced rubber necking.

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Old law may neutered Turnips business deals as President.

Post by TrueTexan »

A law back by the GOP and Democrats in 2012 may make sure Trump can't make money from being president.
“In theory, I can be president of the United States and run my business 100 percent,” Trump bragged to The New York Times in November.

But a 2012 law called the STOCK Act could throw a wrench in Trump’s plan. A section of that law states that “no executive branch employee may use nonpublic information derived from [or acquired through] their position as an executive branch employee as a means for making a private profit.”

“The STOCK Act bars the President from: using nonpublic information for private profit,” the independent Office of Government Ethics, which handles executive branch ethics issues, wrote in a Monday letter to Sen. Tom Carper (D-Del.).

The measure was originally designed to apply only to members of Congress. But Republicans — annoyed that it covered the GOP-controlled House and Senate but not the Obama administration — made sure to extend it to the executive branch, including the president and vice president.
http://www.huffingtonpost.com/entry/tru ... 11bfd42094

Since he has not setup a true blind trust but wants his family to run some of his business this law should apply to him and his family.
Facts do not cease to exist because they are ignored.-Huxley
The illegal we do immediately; the unconstitutional takes a little longer-Kissinger
Reasoning will never make a Man correct an ill Opinion, which by Reasoning he never acquired.-Swift

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Re: Old law may neutered Turnips business deals as President

Post by AndyH »

Nice law. If he crosses the line, all 'we'll' need is evidence and a prosecutor willing to take the case. We've already seen that prosecutors aren't always willing even with evidence.


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