Sunday, January 24, 2021

Courtrooms and Creditors Likely to Loom Large in Trump's Post-presidency Life

THE GUARDIAN: Carter campaigned for human rights, Bush painted … but Trump faces several criminal investigations and a mountain of debt

Each US president has charted a unique course after leaving the White House, taking up vocations from philanthropy to human rights to oil painting.

Donald Trump’s post-presidency appears likely to be taken up by meetings with lawyers and creditors, possible sworn depositions about tax practices or sexual assault allegations and, in some long-tail scenarios, fines, criminal charges, bankruptcy or other legal sanction.

With Trump gone from Washington, and now lacking the immunity protections of the presidency, prosecutors in at least three jurisdictions are either weighing or actively pursuing criminal cases against him, and a fourth prosecutor is investigating allegedly fraudulent business practices inside the Trump Organization.

Trump’s daughter, Ivanka Trump, is reportedly a major figure in two of the investigations, over more than $700,000 in “consulting fees” she allegedly received from the Trump Organization, which then allegedly claimed those fees as tax-deductible business expenses. » | Tom McCarthy | Sunday, January 23, 2021