Dakota Access pipeline company and Donald Trump have close financial ties

[Judi Lynn]

Source: Guardian

Dakota Access pipeline company and Donald Trump have close financial ties

Trump’s financial disclosure forms show he invested in Energy Transfer Partners, operators of the controversial pipeline, and its CEO donated to his campaign

Oliver Milman in New York

@olliemilman

Wednesday 26 October 2016 16.38 EDT


Donald Trump’s close financial ties to Energy Transfer Partners, operators of the controversial Dakota Access oil pipeline, have been laid bare, with the presidential candidate invested in the company and receiving more than $100,000 in campaign contributions from its chief executive.

Trump’s financial disclosure forms show the Republican nominee has between $500,000 and $1m invested in Energy Transfer Partners, with a further $500,000 to $1m holding in Phillips 66, which will have a 25% stake in the Dakota Access project once completed. The information was disclosed in Trump’s monthly filings to the Federal Election Commission, which requires candidates to disclose their campaign finance information on a regular basis.

The financial relationship runs both ways. Kelcy Warren, chief executive of Energy Transfer Partners, has given $103,000 to elect Trump and handed over a further $66,800 to the Republican National Committee since the property developer secured the GOP’s presidential nomination.

On 29 June, Warren made $3,000 in donations to Trump’s presidential campaign. The limit for individual contributions to a candidate is $2,700 per election and it’s unclear whether Trump returned $300 to Warren. Trump’s campaign was contacted for comment.

Read more: https://www.theguardian.com/us-news/2016/oct/26/donald-trump-dakota-access-pipeline-investment-energy-transfer-partners

[PSPS]

1. This was already posted in LBN

http://www.democraticunderground.com/10141607321

[niyad]

5. not everyone saw it, so I appreciate it being here.

[DemInND]

2. It's big news in my state

I live about 230 miles away from what's happening. The Native Americans have been bullied by the Republicans what seems like forever. They had passed new voting rules but they were designed to make it harder for Native Americans to vote. Not long ago, a federal judge struck that law down. The reason they passed that law was to make it harder for minorities to vote because they mainly vote for democrats. So it's no surprise the Native Americans are mad and tired of being pushed around. The county I live in is the largest metro area in the state and is starting to shade blue in elections.

[DK504]

3. Absolutely revolting

How many treaties has the USA ignored, broken, refused to honor or just plain put through the shredder??

This is makes me sick. I makes me be embarrassed for our government.

[niyad]

4. well, well, well. more disgusting by the minute.