ABC News Quotes Matthew Sanderson on Trump Plan to Donate Hotel Profits
Some ethics experts take issue with Donald Trump's claim that he will donate any profits his company reaps from foreign government officials staying in his hotels during his presidential term to the U.S. Treasury. The president-elect has at least nine hotels in the U.S. and several hotels and licensed hotel deals abroad.
Matthew T. Sanderson, a member in the political law and exempt organizations practice groups of Caplin & Drysdale, said that it was unrealistic to expect Trump to totally divest from his company.
While Sanderson said the president-elect “could have done much more here to address his conflicts of interest,” the decision to donate hotel profits earned from foreign governments was a good move.
During his news conference Wednesday, he said he will be taking steps to separate himself from his namesake brand but not shutting down any business operations, meaning that people — including representatives from foreign governments or Americans trying to curry favor with the president — could still stay at his hotels.
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Excerpt taken from the article “Trump Plan to Donate Hotel Profits Doesn't Erase Ethics Concerns: Experts” by Meghan Keneally for ABC News.