Elizabeth Warren: Donald Trump Puts US At Risk, Is A Joke Because Of Conflict Of Interests
President-elect Donald Trump vowed Wednesday to turn his business interests over to his two oldest sons to avoid any potential conflicts of interests as the leader of the United States. But that's not good enough for his longtime foe, Massachusetts Sen. Elizabeth Warren.
Warren went off on Trump in a series of tweets Wednesday night that questioned his ability to create U.S. policy while also running a business empire. The first tweet read: ".@realDonaldTrump’s business plans for the Trump empire are a joke. Only nobody is laughing."
The rant didn't stop there. "The idea that @realDonaldTrump will still own massive business interests as @POTUS isn’t only unethical – it puts us all at risk," she wrote, later adding, "If @realDonaldTrump truly wants to make America great & put America first, he’ll divest his assets by placing them in a true blind trust."
She isn't alone in her criticism. Walter M. Shaub Jr., director of the Office of Government Ethics, said Wednesday Trump's plan for the Trump Organization would leave the president vulnerable to “suspicions of corruption.”
“We can’t risk creating the perception that government leaders would use their official positions for profit,” said Shaub. “I appreciate that divestiture can be costly. But the president-elect would not be alone in making that sacrifice.”
Warren introduced a bill Monday that calls on Congress to demand Trump divest from his global business holdings. The Office of Government Ethics and independent experts have also urged Trump to puts his assets to an independent trustee to ensure his family doesn't benefit from his time in the White House.
The legislation looks to require "the president, vice president, their spouses and minor or dependent children to divest all interests that create financial conflicts of interest placing those assets in a true blind trust," according to a fact sheet from Warren's office. It "will be managed by an independent trustee who will oversee the sale of assets and place the proceeds in conflict-free holdings."
There is little love between Trump and Warren. Both have traded barbs for months. More recently, Warren sent a letter Monday to Trump’s choice for education secretary, Betsy DeVos, that raised concerns about her advocacy for charter schools and school voucher programs over public education.
“Your history of support for policies that would drain valuable taxpayer resources from our public schools and funnel those funds to unaccountable private and for-profit education operators may well disqualify you from such a central role in public education,” Warren wrote. Warren also criticized what she said was DeVos’ “paper-thin record on higher education and student debt.”
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