Trump Is Running His Transition Team on Secret Money
Source: New York Times
Nov. 24, 2024, 5:03 a.m. ET
President-elect Donald J. Trump is keeping secret the names of the donors who are funding his transition effort, a break from tradition that could make it impossible to see what interest groups, businesses or wealthy people are helping launch his second term. Mr. Trump has so far declined to sign an agreement with the Biden administration that imposes strict limits on that fund-raising in exchange for up to $7.2 million in federal funds earmarked for the transition. By dodging the agreement, Mr. Trump can raise unlimited amounts of money from unknown donors to pay for the staff, travel and office space involved in preparing to take over the government.
Mr. Trump is the first president-elect to sidestep the restrictions, provoking alarm among ethics experts. Those seeking to curry favor with the incoming administration now have the opportunity to donate directly to the winning candidate without their names or potential conflicts ever entering the public sphere. And unlike with campaign contributions, foreign nationals are allowed to donate to the transition. When the money isnt disclosed, its not clear how much everybody is giving, who is giving it and what they are getting in return for their donations, said Heath Brown, a professor of public policy at John Jay College of Criminal Justice who studies presidential transitions. Its an area where the vast majority of Americans would agree that they want to know who is paying that bill.
Mr. Trumps transition team, led by Linda McMahon and Howard Lutnick, both of whom were nominated to cabinet positions last week, has repeatedly said it intends to sign the agreements with the Biden administration, known as memorandums of understanding. But it blew past deadlines to do so in September and October, and nothing has indicated progress being made to that end in the two weeks since the election. The White House, which is obliged to offer the agreements to presidential candidates under a federal law known as the Presidential Transition Act, has said it is ready to assist the Trump transition to ensure a smooth handover of power.
On Thursday, Senator Elizabeth Warren, Democrat of Massachusetts, sent a letter to the Biden administration, raising concerns that the Trump transitions failure to sign the agreements was uncharted territory that threatens the American public. She asked for an accounting of how the administration was engaging with the Trump transition on the agreements.
Read more: https://www.nytimes.com/2024/11/24/us/politics/donald-trump-2024-campaign-transition.html
No paywall (gift)
Link to Senator Elizabeth Warren LETTER (PDF) - https://www.warren.senate.gov/imo/media/doc/warren_letter_to_gsa_re_trump_transition.pdf
Autumn
(46,668 posts)It's a good investment, he will get a lot more money back than he has put out..
Irish_Dem
(59,744 posts)Last edited Sun Nov 24, 2024, 11:16 AM - Edit history (1)
Autocratic billionaires and world dictators.
Russia, China, Saudi, NK, Iran, South Africa.
And we know exactly what they want in return.
And will get it.
Meadowoak
(6,296 posts)Irish_Dem
(59,744 posts)Money is being laundered.
mopinko
(71,970 posts)and how much doesnt get spent.
MuchBetterThanThis
(49 posts)Posts like this only up the temperature of my already boiling blood.
Yes, we need to chronicle this inevitable march towards absolute chaos and debauchery. But, Im trying my best to ignore what I ALREADY KNOW, from experience(2016). and viewing this here on DU basically tells me that its gonna be impossible 😏
Joinfortmill
(16,638 posts)Irish_Dem
(59,744 posts)Where people are talking about politics as amazing as that might sound.
When I need a break I enjoy animal videos.
bluestarone
(18,405 posts)They can get all the money they want, anytime they want it. TY Supreme Court for that!
Joinfortmill
(16,638 posts)republianmushroom
(18,179 posts)republianmushroom
(18,179 posts)cstanleytech
(27,183 posts)iluvtennis
(20,950 posts)LetMyPeopleVote
(155,578 posts)in2herbs
(3,231 posts)CU give accountants who deposit donations into political ctes immunity for their job? CU gives the donors annonymity, but does it give immunity to the accounts?
Deminpenn
(16,348 posts)As a taxpayer, I'm happy to keep that 7.2M of federal money.
We can probably guess the people who are buying, or who think they are buying, themselves a piece of Trump. Trump will happily take their money then turn around and sell himself to a higher bidder.
Expect to see these "secret" donors at all the inauguration events.