Trump Out 2 Million After Settling Lawsuit

Fox shows Trump's tweeted statement from tonight, CNN shows his tweet from last year vowing to not settled. Fox states James requested a lot of damages and the judge decided $2 million was more reasonable, while CNN says she ordered Trump to pay and that both sides agreed to let the judge decide the amount. CNN is pretty straight forward with the facts, but presents little by way of Trump's side of the story except for his prior Tweet – clearly (though fairly) shared to make him look bad.
Common Facts
Content (5)
CNN
Fox New.
NYSAG announced that a judge ordered Trump "to pay $2 million in damages for improper use of funds at the Trump Foundation in connection with the 2016 presidential primaries and his own political purposes"
"…Scarpulla decided $2 million was a more reasonable restitution amount and declined to issue a penalty"
NYSAG had requested 2.8 million in restitution
"As part of the settlement, Trump admitted to misusing Trump Foundation funds and agreed to limitations placed on future charitable work."
"The state filed the lawsuit against the Trump Foundation in June 2018"
Definitions (5)
NYSAG: The New York state attorney general's office
Scarpulla: Justice Saliann Scarpulla, a New York state judge presiding over the case involving the Trump Foundation
NYSAG: The New York State Attorney General's Office
James: New York State Attorney General Letitia James
Scarpulla: Judge Saliann Scarpulla, the presiding judge over the lawsuit
Review Info (3)
First Published: 11/08/2019 12:13:05 am
Last Updated: 11/30/-0001 12:00:00 am
Content (12)
NYSAG alleged the Trump Foundation "unlawfully coordinated with the 2016 Trump presidential campaign"
In her decision, Scarpulla stated that "Mr. Trump breached his fiduciary duty to the Foundation" by allowing his campaign to set up a fundraiser and direct the distribution of the money from the fundraiser "to further Mr. Trump's political campaign"
NYSAG sought "a ban on Trump and his children serving on the board of any other New York nonprofit"
Scarpulla did not impose the ban on Trump and family from serving on non-profit boards
"…the lawsuit alleged that the President and his three eldest children — Don Jr., Ivanka and Eric — violated federal and state campaign finance laws and abused the Donald J. Trump Foundation's tax-exempt status"
Trump reached a settlement with NYSAG
Trump tweeted last year "I won't settle this case!"
The lawyers reached a settlement and agreed that the judge could decide the amount of damages Trump would be required to pay
The Trump Foundation agreed to dissolve in December 2018 under the supervision of a judge
Attorney General Letitia James: "The court's decision, together with the settlements we negotiated, are a major victory in our efforts to protect charitable assets and hold accountable those who would abuse charities for personal gain", "My office will continue to fight for accountability because no one is above the law — not a businessman, not a candidate for office, and not even the President of the United States."
"As part of the settlement, Trump also agreed to reimburse $11,525 to the foundation for its payment of auction items at a charitable benefit"
The restrictions Trump agreed to "include that the majority of the board members of the charity must not be Trump's family members or have any business relationship with him, his companies or any companies owned by his relatives."
Opinion (3)
The outcome answers questions that arose during Trump's 2016 campaign about "whether Trump used money raised under the guise of charitable work for political gain"
The settlement puts Trump in the "unusual position of having to pay millions in damages while in office, at a time when he faces a large number of other personal legal battles."
"According to the lawsuit, the Trumps allowed the foundation to be used 'as little more than a checkbook to serve Mr. Trump's business and political interests.'"
Article Info (4)
Date Published: 11/07/2019 04:08:00 pm
Date Accessed: 11/07/2019 07:09:00 pm
Article Author: Erica Orden
Content (13)
NYSAG had also requested a $5.6 million penalty
"If [Trump] chooses to start a new charitable organization, he would have to report it to the state attorney general's office, according to an announcement from James' office"
James: "The Trump Foundation has shut down, funds that were illegally misused are being restored, the president will be subject to ongoing supervision by my office, and the Trump children had to undergo compulsory training to ensure this type of illegal activity never takes place again"
James: "The court’s decision, together with the settlements we negotiated, are a major victory in our efforts to protect charitable assets and hold accountable those who would abuse charities for personal gain."
Trump released a statement on Twitter on Thursday (11/7/19) night
Trump: James is “deliberately mischaracterizing this settlement for political purposes."
"…the settlement includes four stipulation agreements, the first of which was fulfilled when the Trump Foundation agreed to shut down in Dec. 2018"
"The other three stipulations were added in Oct. 2019. They include distribution of the remainder of the foundation's assets to charities approved by James' office, training for the president's children Ivanka, Eric, and Donald Jr., and 19 paragraphs of Trump's admissions of illegal activity."
Admissions required of Trump include "Those admissions include failure of the foundation's board to meet or engage in proper oversight, and details regarding coordination with Trump's 2016 campaign, including a Trump Foundation fundraiser that the campaign organized, and use of foundation funds to pay legal obligations, and for a $10,000 portrait of Trump."
"As part of the settlement, James' office said, Donald Trump Jr. reimbursed the foundation for the portrait."
The Attorney General's office stated that the $2 million in damages and the remaining $1.78 million that the foundation has will go to Army Emergency Relief, the Children’s Aid Society, Citymeals-on-Wheels, Give an Hour, Martha’s Table, United Negro College Fund, United Way of National Capital Area, and the U.S. Holocaust Memorial Museum.
"'Following the 2016 presidential election, the Trump Foundation publicly announced its intention to voluntarily dissolve and distribute all of its remaining funds to charity,' the statement said."
The payment is part of a lawsuit between Trump, the Trump Foundation, and James
Opinion (2)
"In a statement, a Trump Foundation spokesperson said the foundation was 'pleased to donate an additional $2 million' to those organizations."
"It continued: 'Unfortunately, that donation was delayed due to the Attorney General’s politically motivated lawsuit. We are pleased that the Court, in rejecting the Attorney General’s frivolous request for statutory penalties, interest and other damages, recognized that every penny ever raised by the Trump Foundation has gone to help those most in need. Now that this matter is concluded, the Trump Foundation is proud to make this additional contribution.'"
Article Info (4)
Date Published: 11/07/2019 04:00:00 pm
Date Accessed: 11/07/2019 07:52:00 pm
Article Author: Ronn Blitzer