Two days earlier Trump had to sit alongside three past presidents through the funeral of President George H.W. Bush. With Bush lauded as almost his exact opposite in style and manner, Trump looked throughout as if he wished he were anywhere else. Meanwhile, the stock market’s entire gains for the year were wiped out as Trump’s supposed trade truce with China fell apart.
It also became clear just how badly Trump has lost control of Congress. The Democrats’ gain in the House of Representatives continued to rise (the latest number is a stunning 40 seats), as closely fought, undecided races in last month’s midterm election continued to fall the party’s way. And some Republican senators are finally breaking ranks with Trump over the role of Saudi Crown Prince Mohammed bin Salman (a pet of both Trump and his son-in-law, Jared Kushner) in the grisly murder of the dissident journalist Jamal Khashoggi at the Saudi consulate in Istanbul. Unlike Trump, the senators refused to subordinate the moral and real-world implications of permitting a foreign government to murder a US-based journalist to the president’s exaggerated claims about the Kingdom’s future arms purchases and its supposed strategic role in curbing Iran’s regional ambitions.
.. At long last, we learned what embarrassing information Russian President Vladimir Putin had on Trump, after Cohen told prosecutorsthat Trump had long sought to build a grand, highly lucrative hotel in Moscow, permission for which had to come from the Kremlin. (Russia also stood to gain significant revenue from the project.)
.. Cohen’s testimony also highlighted the likelihood that various aspects of US foreign policy, including favorable statements about or treatment of certain autocratic leaders, have been influenced by Trump’s private business interests – existing or desired – in those countries, which include Turkey, the Philippines, and Saudi Arabia, as well as Russia. Meanwhile, Trump’s hotels, especially his expensive new one near the White House, received business from various countries. This is especially significant because, unlike his predecessors, Trump refused to detach himself from his private business when he took office
.. The corruption extends to Trump’s immediate circle. His daughter Ivanka was awarded trademarks from China for her clothing line (now defunct, though she has retained the trademarks and sought new ones). Her husband, Kushner, is believed to have used his position to try to find funds to pay off excessive debt incurred by his family’s real-estate business. And Cohen literally sold his supposed access to Trump to businesses for a reported $4 million (though how much, if anything, he delivered is open to question).
.. Trump’s ever-stranger behavior of late – including more frequent and more hysterical tweets – has been widely attributed to his growing realization of what the Democrats’ takeover of the House of Representatives means for his presidency.
Like President Bill Clinton before him, Trump could face legal peril if he must testify about his sexual history in the suit filed by Zervos and another by Stephanie Clifford, the adult film actress known as Stormy Daniels, who alleges she had consensual sex with Trump in 2006 and was physically threatened in 2011 to stay silent.
Zervos wants Trump to identify any woman who ever alleged that he subjected them to unwanted sexual touching or other inappropriate behavior — as well as any details on payoffs to those women. Zervos, who met with Trump in hopes of securing a job after her Apprentice appearance in 2005, is one of at least 19 women who have come forward accusing him of sexual misconduct... Zervos said Trump’s lawyers have refused to provide information or documents about other women and asked a state judge in Manhattan in Tuesday’s filing to order the president’s attorneys to cooperate.“Most of these women described defendant assaulting them in a virtually identical manner to what Ms. Zervos was forced to endure: without each woman’s consent, defendant would proceed to kiss them on the mouth and grope them, including by grabbing their breasts, buttocks, or vaginas,” according to the filing.
Two years after Donald Trump won the presidency, nearly every organization he has led in the past decade is under investigation.
- Trump’s private company is contending with civil suits digging into its businesswith foreign governments and with looming state inquiries into its tax practices.
- Trump’s 2016 campaign is under scrutiny by special counsel Robert S. Mueller III, whose investigation into Russian interference has already led to guilty pleas by his campaign chairman and four advisers.
- Trump’s inaugural committee has been probed by Mueller for illegal foreign donations, a topic that the incoming House Intelligence Committee chairman plans to further investigate next year.
.. However, there has been one immediate impact on a president accustomed to dictating the country’s news cycles but who now struggles to keep up with them: Trump has been forced to spend his political capital — and that of his party — on his defense.
.. Trump has denied he directed Cohen to break the law by buying the silence of former Playboy playmate Karen McDougal and adult-film star Stormy Daniels. He also said Cohen, as his lawyer, bore responsibility for any campaign finance violations.
“I never directed him to do anything wrong,” Trump told Fox News on Thursday. “Whatever he did, he did on his own.”
.. Prosecutors also revealed Wednesday they had struck a non-prosecution agreement with AMI, the company that produces the National Enquirer tabloid, for its role in the scheme.
The company admitted it had helped pay off one of Trump’s accusers during the campaign. It said it had done so in “cooperation, consultation, and concert with” one or more members of Trump’s campaign, according to court filings.
.. It is unclear whether prosecutors will pursue charges against campaign or Trump Organization officials as part of the case.
But at the White House, advisers have fretted that this case — and not Mueller’s — could be the biggest threat to Trump’s presidency. House Democrats have already indicated the campaign-finance allegations could be potential fodder for impeachment proceedings.
.. The nearly $107 million donated to Trump’s inaugural committee has drawn the attention of Mueller, who has probed whether illegal foreign contributions went to help put on the festivities.
The special counsel already referred one such case to federal prosecutors in Washington. In late August, an American political consultant, W. Samuel Patten, admitted steering $50,000 from a Ukrainian politician to the inaugural committee through a straw donor.
Patten pleaded guilty to failing to register as a foreign lobbyist and agreed to cooperate with prosecutors.
.. The Wall Street Journal reported this week that federal prosecutors in New York are examining whether the inaugural committee misspent funds. The Washington Post has not independently confirmed that report.
Officials with the committee, which was chaired by Trump’s friend Tom Barrack, said they were in full compliance “with all applicable laws and disclosure obligations” and have not received any records requests from prosecutors.
.. Trump also faces a pair of civil lawsuits alleging he has violated the Constitution by doing business with foreign and state governments while in office.
.. “What we want to do is be able to tie the flow of money from foreign and domestic sovereigns into Donald Trump’s pocketbook,” said Karl A. Racine (D), the D.C. attorney general. He called the emoluments clauses “our country’s first corruption law.”
.. The plaintiffs are seeking to have Trump barred from doing business with governments. But the more immediate threat for Trump and his company is the legal discovery process, in which the plaintiffs are seeking documents detailing his foreign customers, how much they paid — and how much wound up in the president’s pocket.
New York state inquiries
.. In New York, where Trump’s business is based, incoming Attorney General Letitia James (D) is preparing to launch several investigations into aspects of his company.
.. She said she wanted to look into whether Trump had violated the emoluments clause by doing business with foreign governments in New York and examine allegations detailed by the New York Times that Trump’s company engaged in questionable tax practices for decades.
New York state’s tax agency has also said it is considering an investigation into the company’s tax practices.
.. Earlier this year, New York Attorney General Barbara Underwood filed suit against Trump and his three eldest children, alleging “persistently illegal conduct” at the Donald J. Trump Foundation, a case spurred by reporting by The Post in 2016.
.. Trump is accused of violating several state charity laws, including using his charity’s money to pay off legal settlements for his for-profit businesses. He used the foundation to buy a portrait of himself that was hung up at one of his resorts. Trump also allegedly allowed his presidential campaign to dictate the charity’s giving in 2016 — despite laws that bar charities from participating in campaigns.
.. Meanwhile, a defamation suit against Trump by former “Apprentice” contestant Summer Zervos has also quietly advanced through the New York courts.
.. A judge has allowed Zervos to seek discovery — including possibly deposing the president — as the two sides wait for a panel of New York appellate judges to rule on Trump’s latest move to block the lawsuit.
In Donald J. Trump’s version of how he got rich, he was the master dealmaker who parlayed an initial $1 million loan from his father into a $10 billion empire. It was his guts and gumption that overcame setbacks, and his father, Fred C. Trump, was simply a cheerleader.
But an investigation by The New York Times shows that by age 3, Donald Trump was earning $200,000 a year in today’s dollars from his father’s empire. He was a millionaire by age 8. By the time he was 17, his father had given him part ownership of a 52-unit apartment building. Soon after he graduated from college, he was receiving the equivalent of $1 million a year from his father. The money increased with the years, to more than $5 million annually in his 40s and 50s.
In all, financial records reveal, Mr. Trump received the equivalent today of at least $413 million from his father’s real estate empire.
- Fred Trump made his son not just his salaried employee but also his property manager, landlord, consultant and banker.
Fred Trump provided money for Donald Trump’s car, money for his employees, money to buy stocks, money for his first Manhattan offices and money to renovate those offices. He gave him shares in multiple partnerships. He gave him $10,000 Christmas checks. He gave him laundry revenue from his buildings. He also gave him trust funds that were used to transfer a majority of Fred Trump’s empire to Donald Trump and his living siblings.
The biggest payday Donald Trump ever got from his father came long after Fred Trump’s death. It happened quietly, without the usual Trumpian news conference, on May 4, 2004, when Donald Trump and his siblings sold off the empire their father had spent 70 years assembling with the dream that it would never leave his family.