Confidential Memo: Company of Trump Inaugural Chair Sought to Profit From Connections to Administrat
Source: Pro Publica/WNYC
The investment firm founded by the chairman of Donald Trump’s inaugural committee, Tom Barrack, developed a plan to profit off its connections to the incoming administration and foreign dignitaries, according to a confidential memo obtained by WNYC and ProPublica.
“The key is to strategically cultivate domestic and international relations while avoiding any appearance of lobbying,” the memo says. Colony, which primarily invests in real estate, sought to capitalize on its access to the White House to get an early lead on infrastructure investments and to attract assets from potential investors.
Federal prosecutors in Manhattan on Monday subpoenaed documents from the nonprofit 58th Presidential Inaugural Committee, including anything related to foreign donations. Such donations to presidential inaugural committees are barred by law. Investigators are probing whether foreigners gave money in exchange for influence with the incoming Trump administration, NBC News reported.
The memo, from Barrack’s investment firm, then called Colony NorthStar, is dated February 2017, just a month after the inaugural festivities organized by Barrack, who is a longtime Trump friend.
Read more: https://www.propublica.org/article/trump-inc-podcast-tom-barrack-colony-company-of-trump-inaugural-chair-sought-to-profit
ETA: Rick Gates wrote the memo.
All tRump is corruption.
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