Two days after intense pressure forced President Donald Trump to back down from his plan to host the 2020 G7 summit at his resort in Doral, Florida, the president dismissed the Constitution’s anti-corruption clause—which his plan would have violated—as “phony.”
“You people, with this phony Emoluments Clause,” Trump told reporters at a White House press conference on Monday, responding to allegations that hosting the meeting of foreign leaders at his own property would be a conflict of interest.
Trump claimed that President Barack Obama also violated the Emoluments Clause by signing a book deal and an agreement with Netflix while he was in office—two falsehoods that CNN promptly corrected—and compared himself to President George Washington, who Trump said was also a “businessman” while in office.
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Since Trump took office in 2017, ethics watchdogs have decried his refusal to divest from his real estate empire, the Trump Organization, which his two eldest sons are now running. The president maintains access to the company’s financial data.
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