Cummings Issues Statement on President-Elect Trump’s Refusal to Divest Ownership Interests
Cummings Issues Statement on President-Elect Trump’s Refusal to Divest Ownership Interests
Washington, D.C. (Jan. 11, 2017)—Today, Rep. Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, issued the following statement in response to President-Elect Donald Trump’s announcement that he will not divest himself of his corporate ownership interests around the world:
Last month, Cummings held a forum with ethics experts across the political spectrum who warned that President-Elect Trump must liquidate his assets and place them in a truly blind trust. They also made clear that if President-Elect Trump chose not to follow this path, the responsibility would rest on Congress to obtain documents about his financial deals in order to prevent unconstitutional emoluments.
On Monday, Cummings joined Rep. Katherine Clark and other House Democrats to introduce legislation to require the President and Vice President to disclose and divest any potential financial conflicts of interest.