Trump Foundation agrees to dissolve

From Common Dreams:

The Trump family’s charity, the Trump Foundation, agreed to dissolve Tuesday amid a lawsuit filed by New York State which accuses the organization of a “shocking pattern of illegality”— but the Trumps’ legal troubles won’t end with the dissolution.

New York Attorney General Barbara Underwood filed a lawsuit against the Trump Foundation last June, accusing the Trump family of using the charity for immense “personal and political gain.” Underwood will continue to pursue her suit against the foundation, seeking $2.8 million in restitution and a court order banning Trump and his three eldest children from serving on the boards of any New York charities in the future.

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“This is an important victory for the rule of law, making clear that there is one set of rules for everyone,” Underwood said in a statement. “We’ll continue to move our suit forward to ensure that the Trump Foundation and its directors are held to account for their clear and repeated violations of state and federal law.”

Under the agreement, the foundation has 30 days to shut down and determine which New York charities will be given the remainder of its assets…

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Continue reading at Common Dreams…

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