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December 27, 2016

New York Attorney General Halts Trump Plans to Dissolve Foundation
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Donald Trump said on Saturday he would dissolve his charitable
foundation before Inauguration Day as part of an effort to prevent
conflicts of interest. But the move could be blocked by New York's
attorney general, who says Trump can't dissolve the charity while it's
under investigation for violating state law. In a pair of tweets on
Monday, Trump claimed 100 percent of the funds raised by his foundation
went to charity. But a Washington Post investigation revealed Trump used
more than a quarter-million of the foundation's dollars to pay off legal
fees associated with his businesses-which is illegal under U.S. law. The
Post also reported Trump used foundation money to buy advertisements for
his hotels and spent tens of thousands of dollars to purchase at least
two portraits-of himself.


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