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New York Attorney General Halts Trump Plans to Dissolve Foundation

HeadlineDec 27, 2016
H06 trump foundation

Donald Trump said on Saturday he would dissolve his charitable foundation before Inauguration Day as part of an effort to prevent conflicts of interest. But the move could be blocked by New York’s attorney general, who says Trump can’t dissolve the charity while it’s under investigation for violating state law. In a pair of tweets on Monday, Trump claimed 100 percent of the funds raised by his foundation went to charity. But a Washington Post investigation revealed Trump used more than a quarter-million of the foundation’s dollars to pay off legal fees associated with his businesses—which is illegal under U.S. law. The Post also reported Trump used foundation money to buy advertisements for his hotels and spent tens of thousands of dollars to purchase at least two portraits—of himself.

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