More conflict of interest as Trump has stock in Dakota Pipeline

Posted by | November 25, 2016 12:45 | Filed under: News Behaving Badly Politics

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The only way to run an ethical presidency is for Trump to get out of his businesses. But that doesn’t seem to be happening.

…Trump holds stock in the company building the disputed Dakota Access oil pipeline, and pipeline opponents warn that Trump’s investments could affect any decision he makes on the $3.8 billion project as president.

Trump’s 2016 federal disclosure forms show he owned between $15,000 and $50,000 in stock in Texas-based Energy Transfer Partners. That’s down from between $500,000 and $1 million a year earlier.

Trump also owns between $100,000 and $250,000 in Phillips 66, which has a one-quarter share of Dakota Access…

“Trump’s investments in the pipeline business threaten to undercut faith in this process — which was already frayed — by interjecting his own financial well-being into a much bigger decision,” said Sharon Buccino, director of the land and wildlife program at the Natural Resources Defense Council, an environmental group.

“This should be about the interests of the many, rather than giving the appearance of looking at the interests of a few — including Trump,” Buccino said.

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Copyright 2016 Liberaland
By: Alan

Alan Colmes is the publisher of Liberaland.

7 responses to More conflict of interest as Trump has stock in Dakota Pipeline

  1. Warman1138 November 25th, 2016 at 13:22

    Trump’s going to have more conflicts of interest, hmmmmmmm love that money.

  2. labman57 November 25th, 2016 at 13:45

    Remember, according to Trump, there is no such thing as a presidential conflict of interest.
    It’s simply capitalism in its purest form.

    • Larry Schmitt November 25th, 2016 at 14:55

      As Nixon said, if the president does it, it’s not a crime.

      • bpollen November 25th, 2016 at 15:26

        Unless you are a Democrat; then you are obviously guilty of high crimes and misdemeanors.

  3. amersham1046 November 25th, 2016 at 17:51

    He is looking after the best interests of the American people,
    But he is looking after his interests first

  4. super thanks November 27th, 2016 at 01:43

    lock him up!

    • The Original Just Me November 27th, 2016 at 02:06

      I believe some of the more reliable Republicans wish they could do that. IF, there are any left.

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