Nov 20, 2017

The Trump Foundation is shutting down

Photo: Alex Brandon / AP

President Trump is shutting down the Donald J. Trump Foundation, NBC News reports. The foundation came under great scrutiny during the presidential campaign for unusual practices, and afterward as a source of potential conflicts of interest.

After a Washington Post report, the foundation acknowledged last year in IRS paperwork that it had violated a prohibition against "self-dealing." Trump pledged in December to shut it down.

Trump's December statement: "The Foundation has done enormous good works over the years in contributing millions of dollars to countless worthy groups, including supporting veterans, law enforcement officers and children. However, to avoid even the appearance of any conflict with my role as President I have decided to continue to pursue my strong interest in philanthropy in other ways."

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Coronavirus dashboard

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Global: Total confirmed cases as of 10 p.m. ET: 1,014,673 — Total deaths: 52,973 — Total recoveries: 210,335 — Map.
U.S.: Total confirmed cases as of 10 p.m. ET: 244,678 — Total deaths: 5,911 — Total recoveries: 9,058 — Map.
2020 updates: The Democratic National Committee said its July convention will be postponed until August because of the coronavirus. A federal judge declined to delay Wisconsin's April 7 primary election.
Jobs latest: Coronavirus unemployment numbers are like a natural disaster hitting every state.
Public health latest: Anthony Fauci called for all states across the U.S. to issue stay-at-home orders. The FDA will allow blood donations from gay men after 3-month waiting period, citing "urgent need."
Business latest: Treasury Secretary Steven Mnuchin said oil companies are eligible for aid from new lending programs the Federal Reserve is setting up, but not direct loans from his department.
U.S.S. Theodore Roosevelt: Navy removes captain of aircraft carrier who sounded alarm about coronavirus.
1 future thing: In developing countries, consequences of COVID-19 could be deeper and far more difficult to recover from.
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Other resources: CDC on how to avoid the virus, what to do if you get it.

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