The Democratic National Committee criticized Trump for what it called “a wilted fig leaf to cover up his remaining conflicts of interest and his pitiful record of charitable giving.” The statement from party spokesman Eric Walker also took a jab at the president-elect over his controversial business holdings: “Shuttering a charity is no substitute for divesting from his for-profit business and putting the assets in a blind trust – the only way to guarantee separation between the Trump administration and the Trump business.”
A 2015 tax return posted on the nonprofit monitoring website GuideStar shows the Donald J Trump Foundation acknowledged that it used money or assets in violation of IRS regulations, not only during 2015, but in prior years.
