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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsOh My! Elijah E. Cummings points out Trumps business dealings with Russia!
https://democrats-oversight.house.gov/news/press-releases/top-house-democrats-press-speaker-ryan-to-obtain-documents-on-president-elect-s
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Oh My! Elijah E. Cummings points out Trumps business dealings with Russia! (Original Post)
TeddyBear 1
Jan 2017
OP
MagickMuffin
(15,958 posts)1. Good Luck with getting Paul Ryan to be useful at all.
It is now up to Congress to exercise our Constitutional duty to act as an independent check on the Executive Branch by demanding all documents necessary to evaluate all of President-Elect Trumps global financial entanglements for conflicts of interest and constitutional violationsincluding in particular those involving Russian investors, business interests, and development partners.
We do not understand why President-Elect Trump has so vigorously defended Russian President Vladimir Putin and alleged sex offender Julian Assange while at the same time disparaging U.S. intelligence officials who warn that Russia attacked our democracy prior to the 2016 presidential electionand is likely to do so again in the future, the Ranking Members wrote. We also do not understand why President-Elect Trump has been so secretive about his business dealings with Russian interests.
malaise
(269,187 posts)2. Excellent
Rec
longship
(40,416 posts)3. Here's the letter:
Note: This text is a part of the public record and thus not part of DU four paragraph restrictions.
January 12, 2017
The Honorable Paul Ryan
Speaker
U.S. House of Representatives
Washington, D.C. 20515
Dear Mr. Speaker:
President-Elect Donald Trump made a startling announcement yesterday that he will defy warnings from Republican and Democratic ethics experts by refusing to do what every previous president has done for decadesto divest himself of his corporate ownership interests, liquidate his business assets, and place them in a truly blind trust operated by an independent entity.
As a result, it is now up to Congress to exercise our Constitutional duty to act as an independent check on the Executive Branch by demanding all documents necessary to evaluate all of President-Elect Trumps global financial entanglements for conflicts of interest and constitutional violationsincluding in particular those involving Russian investors, business interests, and development partners.
We do not understand why President-Elect Trump has so vigorously defended Russian President Vladimir Putin and alleged sex offender Julian Assange while at the same time disparaging U.S. intelligence officials who warn that Russia attacked our democracy prior to the 2016 presidential electionand is likely to do so again in the future.
We also do not understand why President-Elect Trump has been so secretive about his business dealings with Russian interests. He continues to refuse to produce his tax returns, which could shed some light on these business interests. Without this information, neither Congress nor the American people can fully understand the magnitude of his ties to Russia.
Although President-Elect Trump has denied having any business projects in Russia, he has not addressed investments and partnerships with Russians in other projects around the world. For example, Donald Trump Jr.who will run day-to-day business operations for his fathers companieshas stated: Russians make up a pretty disproportionate cross-section of a lot of our assets. We see a lot of money pouring in from Russia.[1] He has also stated: Russia is just a different world. It is a question of who knows who, whose brother is paying off who. It really is a scary place.[2]
The Emoluments Clause of the U.S. Constitution prohibits the President from obtaining any benefit of any kind from foreign governments or other entities without the consent of the Congress.[3] The Founders charged Congress with conducting an independent review of the Presidents foreign business dealings and prohibiting any financial interests that could provide an inlet to foreign corruption.[4]
As Members of the House of Representatives, we have sworn a solemn oath to uphold and defend the Constitution, which means exercising robust oversight of the Executive Branch regardless of the Presidents political party. To date, however, the House has done nothing to obtain specific documents about President-Elect Trumps vast global entanglements.
Reports of President-Elect Trumps Russian Business Interests and Financing
Most of the information about President-Elect Trumps Russian business dealings has been pieced together from investigative reporting, court filings, and other sources.
Multiple news outlets have reported that President-Elect Trump sought and received funding from Russian investors for his business ventures, especially after most American banks stopped lending to him following his multiple bankruptcies.[5] President-Elect Trump has boasted repeatedly about meeting with Russian financiers, stating after one trip to Moscow, I have a great relationship with many Russians, and almost all of the oligarchs were in the room.[6]
It has been reported that Russian interests helped finance $50 million in President-Elect Trumps 46-story luxury condominium project in lower Manhattan known as Trump SoHo, which was reportedly developed with the undisclosed involvement of convicted felons and financing from questionable sources in Russia and Kazakhstan.[7]
During a deposition related to this project, President-Elect Trump stated that he was first approached by a Russian immigrant named Felix Sater who joined a development company called Bayrock Group with offices in Trump Tower. According to the New York Times:
Mr. Sater was convicted and sent to prison in 1993 after a New York bar fight in which he stabbed a man in the face with a broken margarita glass. That was a matter of public record. However, what few people beyond insiders at Bayrock knew was that five years later, Mr. Sater was implicated in a huge stock manipulation scheme involving Mafia figures and Russian criminalsand that he became a confidential F.B.I. informant.[8]
Mr. Sater personally joined President-Elect Trump for the official unveiling of Trump SoHo along with Tevfik Arif, a former Soviet-era official from Kazakhstan who founded Bayrock. Another development partner reportedly was Tamir Sapir from the former Soviet republic of Georgia.[9]
Bayrocks former finance director alleged that they occasionally received unexplained infusions of cash from accounts in Kazakhstan and Russia. In addition, Alexander Mashkevichwho was identified as a strategic partner in a Bayrock investor presentationwas reportedly charged with corruption in a case involving fees paid by a Belgian company seeking business in Kazakhstan.[10]
Trump SoHo was not the only Trump development for which Bayrock reportedly helped secure Russian funding. President-Elect Trump stated in his deposition that he discussed with Mr. Arif numerous deals all over the world. He said Mr. Arif brought Russian investors to meet with him and that Bayrock knew the people, knew the investors, and in some cases I believe they were friends of Mr. Arif. He added that this was going to be Trump International Hotel and Tower Moscow, Kiev, Istanbul, etc., Poland, Warsaw. Court records show that another Bayrock official, Salvatore Lauriawho wore a court-ordered ankle monitorbrokered a $50 million investment in Trump SoHo and three other Bayrock projects by an Icelandic firm preferred by wealthy Russians in favor with President Vladimir V. Putin.[11]
Trump SoHo is one of many examples about which there is a serious lack of information about President-Elect Trumps business dealings with Russian interests.[12] Congress also has inadequate information about President-Elect Trumps top advisers and their unprecedented ties to Russian interests, including Paul Manafort,[13] Carter Page,[14] Michael Flynn,[15] Rex Tillerson,[16] Rick Gates,[17] Richard Burt,[18] Michael Caputo,[19] and Wilbur Ross.[20]
Need for Congress to Obtain Information on President-Elects Foreign Business Dealings
On December 14, 2016, top ethics experts from both sides of the political spectrum appeared at a congressional forum to discuss President-Elect Donald Trumps unprecedented conflicts of interest and his global business entanglements. They strongly recommended that President-Elect Trump do what every previous president has done for decadesdivest himself of all ownership interests, liquidate his business assets, and place them in a truly blind trust operated by an independent party.[21]
These experts also made clear that if President-Elect Trump chose not to follow this path, the responsibility would rest on Congress to obtain documents about President-Elect Trumps financial deals in order to prevent unconstitutional emoluments:
New York University Ethics Professor Stephen Gillers, when asked whether Congress should obtain documents about President-Elect Trumps global business dealings, responded: Absolutely. He added: I think it is your duty. What you do with the information, you may disagree with each other, but getting the information I think is critical.
Ambassador Norm Eisen, who previously served as counsel to President Obama, warned that Congress cannot fulfill its constitutional obligation without the plethora of forms that indicate foreign entanglements. He added: This body needs to exercise its oversight authority. I hope that will be in a bipartisan way.
Richard Painter, President George W. Bushs chief ethics counsel, wholeheartedly agreed and pressed Congress to make it clear to the President that this body expects him to comply with the Constitution. He urged Congress to require President-Elect Trump to explain, this is what Im getting in terms of income, this is what I owe to people in Russiadirectly or indirectly, regardless of whether these dealings are at the corporate level or at the personal level. He stated that Congress should see his tax returns just like every other President.
On November 14, 2016, Rep. Elijah E. Cummings, the Ranking Member of the Committee on Oversight and Government Reform, sent a letter to Chairman Jason Chaffetz requesting this type of review, but never received a response.[22] On November 28, 2016, all Oversight Committee Democrats joined together in sending a follow-up letter to Chairman Chaffetz requesting this review, but they also never received a response.[23] Instead, Chairman Chaffetz has stated publicly that he plans to spend the next two years of the 115th Congress continuing his investigation of former Secretary of State Hillary Clintons emails full throttle.[24]
Conclusion
For the reasons above, we ask you to demonstrate leadership on this issue where there has been little to date. We request that you join us in fulfilling our sworn constitutional duty by seeking and obtaining copies of the following documents:
(1) President-Elect Trumps personal and corporate tax returns, domestic and foreign, for the past five years, regardless of whether they are still under audit;
(2) all documents referenced by President-Elect Trump and his attorneys at yesterdays press conference, including those physically present at the press conference and those not present at the press conference;
(3) all current corporate charters, balance sheets, and income statements for the past five years identifying sources of investments and income for companies owned in whole or in part by President-Elect Trump, including those transferred to the trust described at yesterdays press conference; and
(4) all other documents necessary to help protect against violations of the Emoluments Clause of the Constitution and conflicts of interest, including with foreign adversaries such as Russia.
Thank you for your consideration of this request.
Sincerely,
Rep. Nita M. Lowey, Ranking Member of the House Committee on Appropriations
Rep. Adam Smith, Ranking Member of the House Committee on Armed Services
Rep. John Yarmuth, Ranking Member of the House Committee on the Budget
Rep. Robert C. Bobby Scott, Ranking Member of the House Committee on Education and the Workforce
Rep. Frank Pallone, Ranking Member of the House Committee on Energy and Commerce
Rep. Linda T. Sánchez, Ranking Member of the House Committee on Ethics
Rep. Maxine Waters, Ranking Member of the House Committee on Financial Services
Rep. Eliot L. Engel, Ranking Member of the House Committee on Foreign Affairs
Rep. Bennie G. Thompson, Ranking Member of the House Committee on Homeland Security
Rep. Robert Brady, Ranking Member of the Committee on House Administration
Rep. John Conyers Jr., Ranking Member of the House Committee on the Judiciary
Rep. Raúl M. Grijalva, Ranking Member of the House Committee on Natural Resources
Rep. Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform
Rep. Louise McIntosh Slaughter, Ranking Member of the House Committee on Rules
Rep. Eddie Bernice Johnson, Ranking Member of the House Committee on Science, Space, and Technology
Rep. Nydia M. Velázquez, Ranking Member of the House Committee on Small Business
Rep. Peter DeFazio, Ranking Member of the House Committee on Transportation and Infrastructure
Rep. Tim Walz, Ranking Member of the House Committee on Veterans Affairs
Rep. Richard Neal, Ranking Member of the House Committee on Ways and Means
Rep. Adam Schiff, Ranking Member of the House Permanent Select Committee on Intelligence
Rep. Carolyn Maloney, Ranking Member of the Joint Economic Committee
AmericanActivist
(1,019 posts)7. Thank you for the letter Longship nm
myrna minx
(22,772 posts)9. Thank you for posting.
kentuck
(111,110 posts)4. It's the least they can do...
...and I doubt that Paul Ryan can even do that?
Ilsa
(61,698 posts)5. Shit. The voters should have demanded it from him in the primaries,
But republucans are too fucking stupid to vet their candidates properly.
Horse with no Name
(33,956 posts)8. they are too busy vetting ours
ProudProgressiveNow
(6,129 posts)6. K&R nt