Business

Trump Foundation will dissolve in agreement with NY Atty General

New York Attorney General Barbara Underwood announced on Tuesday that the Trump Foundation would be dissolving and distributing its assets to an approved list of charities.

The news comes as Underwood announced the results of a petition that “detailed a shocking pattern of illegality involving the Trump Foundation — including unlawful coordination with the Trump presidential campaign, repeated and willful self-dealing, and much more.”

Her statement claimed that the foundation functioned “as little more than a checkbook to serve Mr. Trump’s business and political interests.”

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