The Wall Street Journal's Carol Lee told ABC's This Week that Trump's business conflicts are a big issue and said, "This will be a narrative that really dogs his presidency at a time when he's trying to do a number of different things on the economy, on national security."
In a meeting with the NY Times about his conflicts of interest, Trump channeled Richard Nixon and said, "As far as the, you know, potential conflict of interests, though, I mean I know that from the standpoint, the law is totally on my side, meaning, the president can’t have a conflict of interest. That’s been reported very widely."
This morning, host Martha Raddatz asked WSJ's Carol Lee in their Powerhouse Roundtable segment about this huge issue.
Raddatz asked, "You reported that Obama liquidated most of his assets in 2008 to avoid concerns about whether a decision he made might be even inadvertently benefit him. Trump on Wednesday told "The New York Times" that, under the law, the president can't have a conflict of interest. Who is right?
The WSJ White House reporter explained that there are already troubling stories coming out on this issue and Lee said, " I think typically you would see a president-elect try to get out in front of this. He hasn't shown any interest so far in doing that."
Lee explained, "I think when you hear stories, like the fact that he was speaking to a very high-level British politician about not having windmills off the coast of Scotland, where one of his properties is, those are things that really raise concerns with people."
She continued, "And I do think that if he doesn't get out in front of this soon and have some kind of a strategy for dealing with this, you're going to see a drip, drip, drip of all of these stories coming out. And this will be a narrative that really dogs his presidency at a time when he's trying to do a number of different things on the economy, on national security. And this will be a big distraction."
This has the potential to get really ugly, very quickly and if you are a betting person, I'd say the odds are high that Trump tries to get away with running his business out of the Oval Office as well as commanding the military.
As we know, Donald Trump will be violating Article 1, Section 9, Clause 8 - Emolument Clause if he doesn't divest himself and his kids of all his business interests.
“No title of nobility shall be granted by the United States: and no person holding any office of profit or trust under them, shall, without the consent of the Congress, accept of any present, emolument, office, or title, of any kind whatever, from any king, prince, or foreign state.