A president is supposed to put the welfare of his country before any personal financial gain. Trump, being a businessman, is unused to putting others' interests ahead of his own. While he promised that as president his own financial dealings would take a back seat, there seems to be reason to doubt that. Here are twenty examples of Trump business deals that shouldn't have happened while he was in office.
20. Ethics Approval
Upon Trump's election, it was decided that an outside ethics adviser would have to approve all of the Trump organization's dealings. After all, it is a multi-million dollar company. And being that it bears the president's name and is run by his family.
Yet it is unclear whether the Trump Organization's most recent dealings have been run by this ethics adviser. If not, the president could be in potentially hot water.
19. No New Foreign Deals
Another caveat of Trump's ascendancy was that Trump Organization was not to pursue any deals with foreign countries. Even if the president himself is not involved (something we'll discuss later), there's something…unsavory at least about a company that bears his surname and is directly run by his children taking part in deals that may benefit a foreign nation's finances over our own. Furthermore, it opens up the possibility of an accusation of sabotage from another country. After all, if the deal goes poorly/aversely effects a foreign economy, couldn't they argue that the Trump Organization intended this outcome to boost US interests?
Yet as with the ethics adviser, its unclear whether or not the Trump Organization has been engaging in deals with foreign countries since Trump's inauguration.
18. An Unusual Settlement
Donald Trump's Trump University is one of his more famous failures. According to a lawsuit brought against the institution, the real estate seminar (which, despite its name, was not an accredited university) used misleading marketing tactics in order to recruit more students.
Initially, the president postured that this accusations were untrue and that he intended to fight the lawsuit. But, instead, he settled out of your for 25 million, suggesting the accusations were credible.
17. More Focused on Selling Diamonds
For Trump's first presidential interview with 60 Minutes, he was accompanied by his daughter, Ivanka. Ivanka Trump is herself a businesswoman—she owns several companies, among them a clothing line and a jewelry line. For the interview, she wore one of her own bracelets, valued at about $10,900.
This would've been fine, had Ivanka's brand not chosen to use the broadcast as an advertising opportunity. While not illegal, it is certainly gauche and unsavory.