President Donald Trump attacked the U.S. Constitution’s Emolument’s Clause on Tuesday calling it “phony” while answering press questions about his decision not to host the G-7 Summit at his private golf resort Doral in Miami. The Emoluments Clause prohibits presidents from taking income outside of their salaries.

The Administration announced Thursday that Trump had chosen Doral for the annual world summit, and then on Saturday, Trump reversed himself after a public outcry. 

Trump claimed that he has lost a huge amount of money by being president. He said, without substantiation, that he has lost between $2 billion to $5 billion in new business due to his position.

SLIDESHOW: TOP DEMOCRATS RUNNING FOR PRESIDENT IN 2020

Subscribe to our free weekly newsletter!

A week of political news in your in-box.
We find the news you need to know, so you don't have to.

Trump claimed that he would not have profited from hosting the G-7 at his Doral golf club, but ethics watchdogs noted that it would be illegal for the president to award himself such a large contract.

Read more about:

Get the free uPolitics mobile app for the latest political news and videos

iPhone Android

Leave a comment

avatar

Article by Emily Bevacqua