Later On

A blog written for those whose interests more or less match mine.

Trump businesses reportedly benefit from deregulatory actions

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In The Hill Lydia Wheeler points out how the Trump administration is corrupt—that is, how it uses public office for private gain:

President Trump could stand to personally profit from the regulations he’s rolling back, according to a new report Wednesday.

Among those actions is the Environmental Protection Agency’s proposal to repeal the Waters of the U.S. rule, which gives the agency the authority to prevent pollution in fresh water wetlands and streams.

Rep. David Cicilline (D-R.I.) and Rick Claypool, a research director in the president’s office of the nonprofit Public Citizens, detailed six deregulatory actions Trump could financially benefit from given his refusal to fully divest from his business empire.

“In several instances, Trump’s financial interests are directly at odds with protecting the public it is his administration’s duty to serve,” Cicilline and Claypool wrote in the report.

Cicilline and Claypool charge that Trump’s multitude of property development projects, which include 12 Trump-branded golf courses in the U.S., would have likely experienced an increase in compliance costs associated with acquiring permits and limiting their use of pesticides.

The Department of Homeland Security’s decision to raise the cap on the number of foreign nationals employed in the U.S. through the H-2B Visa program from 66,000 to 81,000 is another government action the report authors say could financially benefit the president.

Cicilline and Claypool cited a Vox report detailing a request from Trump’s properties three days after asking the Labor Department to approve 76 new H-2B guest workers.

The report says Trump hotels and restaurants have already benefited from a lower court’s decision to block a Labor Department rule expanding overtime pay to people who earn up to $47,476.

“The result is the disturbing potential for Americans to be harmed by policies that are implemented partly because they offer short-term financial benefits to the president’s businesses,” according to the report.

Public Citizen has sued Trump over his two-for-one executive order, directing federal agencies to find two rules to repeal for every new rule proposed. . .

Continue reading.

Also note this Newsweek article by Chris Riotta:

Jared Kushner “enriched himself” by not revealing his ownership of a real estate tech business that raised millions of dollars while he served in the government, said a member of the House Judiciary Committee, calling it part of a pattern of unethical behavior that he believes should cause the White House Senior Adviser to be stripped of his security clearance.

Congressman Ted Lieu told Newsweek that Kushner’s failure to list a company called Cadre on his initial financial disclosure forms—an oversight that could mean millions for the president’s son-in-law—is an ethical lapse that should have severe ramifications.

“It appears [Kushner] ended up being the beneficiary of that omission,” said Lieu, a California Democrat. “He enriched himself by failing to disclose the asset.” . . .

Continue reading. There’s more.

Written by LeisureGuy

12 October 2017 at 9:46 am

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