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Clause allows Trump to withdraw money from businesses: report


President Trump can extract money from his business endeavors while serving as president, ProPublica reported on Monday.

According to the news outlet, an extra clause added to a trust document in February allows Trump to request funds from the trust.

The clause specifically states that the trustees “shall distribute net income or principal to Donald J. Trump at his request.”

It does not require any public disclosure of the transactions. 

{mosads}Democrats, government watchdog groups and the media have all raised questions about possible conflicts of interest for Trump given his business empire. 

When he became president, Trump put his businesses in a trust run by his two adult sons, but outside groups argue he should more fully divest from his business interests to prevent possible conflicts of interest.

The original trust document, ProPublica said, did not contain language limiting when the president could request money from the trust, though it did say Trump was the “exclusive beneficiary.”

A spokesperson for the Trump Organization said in a statement to ProPublica that the president believes “multiple layers” were needed for transactions.

“President Trump believed it was important to create multiple layers of approval for major actions and key business decisions,” the spokesperson said.

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