Headline Roundup • January 4th, 2024
Trump Businesses Got Millions From Foreign Governments During Presidency, House Dems Say
Donald Trump,Banking And Finance,Business,Trump Organization,US House,Democratic Party,US Constitution
Summary from the AllSides News Team
During former President Donald Trump’s presidency, his businesses received at least $7.8 million from governments and officials from countries like China and Saudi Arabia, a staff report by House Democrats said Thursday.
The Details: In the report, Democrats on the House Oversight Committee argued that the payments by 20 different countries violated the Constitution’s foreign emoluments clause, which forbids federal officials from accepting gifts without congressional approval. Most of the payments, totaling $5.57 million, came from China.
Donation Disagreement: A spokesman for Trump told Fox News (Right bias) that House Democrats were “desperate to save face for Hunter Biden,” adding that “foreign profits were donated in full to the United States Treasury.” However, the House report said these donations excluded part-owned properties and “still allowed former President Trump to retain significant emoluments in the form of revenues, which its policy excluded from the funds designated for donation.”
How the Media Covered It: Coverage often reflected partisan views on Trump and was generally featured less prominently in right-rated outlets. While a Breitbart (Right bias) headline framed the report as mere allegations, The New York Times (Lean Left bias) said Trump had engaged in “the kind of conduct the G.O.P. is grasping to pin on President Biden.”
Featured Coverage of this Story

Getty Images
Donald Trump's hotels and other businesses accepted more than $7.8m (£6.1m) from foreign governments during his presidency, according to a new report from Democrats in Congress.
They found that China was responsible for more than $5.5m of those payments, which Mr Trump is accused of accepting in violation of the US constitution.
The report is based on documents released by Mr Trump's former accounting firm after a court battle.
Mr Trump did not immediately comment.
The US constitution bars presidents from accepting gifts or other benefits derived from their position...

Kenny Holston for The New York Times
Donald J. Trump’s businesses received at least $7.8 million from 20 foreign governments during his presidency, according to new documents released by House Democrats on Thursday that show how much he received from overseas transactions while he was in the White House, most of it from China.
The transactions, detailed in a 156-page report called “White House For Sale” that was produced by Democrats on the House Oversight Committee, offer concrete evidence that the former president engaged in the kind of conduct that House Republicans have labored, so far unsuccessfully, to prove...

AP Photo/Alex Brandon
House Democrats are accusing former President Donald Trump of taking in more than $7.8 million from foreign governments via payments to the Trump Organization while he was in the White House.
A majority of that came from the Chinese government and state-owned entities, Democrats said, while the rest came from 19 other countries, including Saudi Arabia, Kuwait, and Qatar.
Minority staff on the House Oversight Committee released a 156-page report on Thursday detailing claims that the former president repeatedly violated the emoluments clause of the Constitution, which states that federal officials may...
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