Today we’re making available, for the first time, an authoritative searchable database of 2,475 political appointees, including Trump’s Cabinet, staffers in the White House and senior officials within the government, along with their federal lobbying and financial records. Trump Town is the result of a year spent filing hundreds of Freedom of Information Act requests…
At a press conference before he took office, then-President-elect Donald Trump said he had signed paperwork “turning over complete and total control” of his business empire to his sons. His lawyer said the more than 400 businesses would be placed in a trust by Inauguration Day. Now, nearly 100 days later, he’s nearly fulfilled this promise. President Trump and his daughter, Ivanka, are closing in on removing their names from the one business where they are still listed as managers on state filings.
Update, April 4, 2017: In an interview with ProPublica, Trump Organization attorney Alan Garten confirmed that President Trump can withdraw profits and underlying assets from his trust at any time.
Trump can draw money from his more than 400 businesses, at any time, without disclosing it. The previously unreported changes to a trust document, signed on Feb. 10, stipulates that it “shall distribute net income or principal to Donald J. Trump at his request” or whenever his son and longtime attorney “deem appropriate.” That can include everything from profits to the underlying assets, such as the businesses themselves.
To transfer ownership of his biggest companies, Trump has to file a long list of documents in Florida, Delaware and New York. ProPublica asked officials in each of those states whether they have received the paperwork. The officials said they have not.