Latest news with #conflictOfInterest
Yahoo
a day ago
- Business
- Yahoo
Trump privately discussing plans to host G20 at his Doral resort, White House official says
President Donald Trump is quietly discussing plans to host the 2026 G20 summit, a forum of the world's largest economies, at his Doral golf club in the Miami area, a White House official told CNN. The idea has been discussed for weeks, the official said. CNN previously spotted an aide carrying a 'G20 Miami 2026' sign into the Eisenhower Executive Office Building in June. Bloomberg first reported on the proposed plans. Trump had previously planned to host a G7 summit at his Miami-area resort in 2020 during his first term, but ultimately reversed course after facing widespread outrage over the decision to host the major gathering of world leaders at his own property. At the time, the president called the criticism his administration was facing 'Irrational Hostility,' and wrote, 'I thought I was doing something very good for our Country by using Trump National Doral, in Miami, for hosting the G-7 Leaders.' Officials had argued that using Doral would be 'significantly cheaper' than other options. They also said the event would run 'at cost,' meaning without any profit by the Trump property. In the end, the onset of the coronavirus scrapped any need for a physical venue, and the leaders met over video conference. The current discussions regarding the 2026 G20 summit raise similar questions of potential conflicts of interest. Critics have in the past accused Trump of violating the Emoluments Clause of the Constitution, which restricts the president from accepting gifts and money from foreign governments. In his first term, Democrats cried foul at Trump's Washington, DC, hotel, which became a popular destination for foreign delegations to spend money. But Trump has largely been undeterred, frequently mixing presidential and personal business. On a recent trip abroad, he visited two golf properties bearing his name: Trump Turnberry, then Trump International Scotland in Aberdeenshire, where he participated in a ribbon-cutting ceremony for the opening of a second 18-hole golf course on his property. The president also has made millions from his family's cryptocurrency ventures, foreign investments, private clubs and the sale of a host of Trump-branded products, according to his latest financial disclosure documents. And his administration accepted a luxury 747 jet from the government of Qatar as a 'gift' to the Defense Department. It is expected to be used by Trump as Air Force One once it is upgraded. Jeremy Herb contributed to this report. This developing story has been updated.
Reuters
23-07-2025
- Business
- Reuters
US House Democrats raise concerns about T-Mobile role in Trump Mobile service
WASHINGTON, July 23 (Reuters) - Three Democrats on the House Energy and Commerce Committee raised serious concerns about T-Mobile's (TMUS.O), opens new tab involvement in the Trump Organization's self-branded mobile service and a $499 smartphone dubbed Trump Mobile. Representatives Frank Pallone, the ranking member of the committee, and Doris Matsui and Yvette Clarke, asked T-Mobile CEO Mike Sievert to answer questions about the company's dealings with the Trump Organization. "We are specifically concerned that T-Mobile's business relationship with the Trump Organization — while Donald Trump is serving as President of the United States — presents a conflict of interest that will harm the American people," they wrote in a letter Wednesday. T-Mobile did not immediately comment on Wednesday. Trump Mobile is powered by Liberty Mobile Wireless, a Florida-based company founded in 2018 by entrepreneur Matthew Lopatin. The company is a mobile virtual network operator, renting bandwidth from major carriers such as T-Mobile to offer its own service under a different name. "We are highly skeptical of the recent developments between T-Mobile and the Trump Organization and are deeply concerned about the legal and ethical implications of this arrangement, including on our nation's spectrum policies," the Democrats said, asking for answers to a series of questions by August 6. The lawmakers want Sievert to disclose whether he or any other employee had communications with Donald Trump, anyone representing the White House, or anyone representing the Trump Organization about Trump Mobile since January 20. They also want to know if the company has a deal directly with the Trump Organization and if so, how much it will receive. Republican Donald Trump began serving his second term as president on January 20. Earlier this month, the Federal Communications Commission approved two T-Mobile deals that would expand the wireless carrier's network, after the company ended its diversity, equity and inclusion programs under pressure from the Trump administration.
CNA
23-07-2025
- Business
- CNA
US House Democrats raise concerns about T-Mobile role in Trump Mobile service
WASHINGTON :Three Democrats on the House Energy and Commerce Committee raised serious concerns about T-Mobile's involvement in the Trump Organization's self-branded mobile service and a $499 smartphone dubbed Trump Mobile. Representatives Frank Pallone, the ranking member of the committee, and Doris Matsui and Yvette Clarke, asked T-Mobile CEO Mike Sievert to answer questions about the company's dealings with the Trump Organization. "We are specifically concerned that T-Mobile's business relationship with the Trump Organization — while Donald Trump is serving as President of the United States — presents a conflict of interest that will harm the American people," they wrote in a letter Wednesday. T-Mobile did not immediately comment on Wednesday. Trump Mobile is powered by Liberty Mobile Wireless, a Florida-based company founded in 2018 by entrepreneur Matthew Lopatin. The company is a mobile virtual network operator, renting bandwidth from major carriers such as T-Mobile to offer its own service under a different name. "We are highly skeptical of the recent developments between T-Mobile and the Trump Organization and are deeply concerned about the legal and ethical implications of this arrangement, including on our nation's spectrum policies," the Democrats said, asking for answers to a series of questions by August 6. The lawmakers want Sievert to disclose whether he or any other employee had communications with Donald Trump, anyone representing the White House, or anyone representing the Trump Organization about Trump Mobile since January 20. They also want to know if the company has a deal directly with the Trump Organization and if so, how much it will receive. Republican Donald Trump began serving his second term as president on January 20. Earlier this month, the Federal Communications Commission approved two T-Mobile deals that would expand the wireless carrier's network, after the company ended its diversity, equity and inclusion programs under pressure from the Trump administration.
Reuters
23-07-2025
- Business
- Reuters
House Democrats raise concerns about T-Mobile role in 'Trump Mobile' service
WASHINGTON, July 23 (Reuters) - Three Democrats on the House Energy and Commerce Committee raised serious concerns about T-Mobile's (TMUS.O), opens new tab involvement in the Trump Organization's self-branded mobile service and a $499 smartphone dubbed Trump Mobile. Representative Frank Pallone, the ranking member of the committee and two other committee members, asked T-Mobile CEO Mike Sievert to answer questions about the company's dealings with the Trump organization. "We are specifically concerned that T-Mobile's business relationship with the Trump Organization — while Donald Trump is serving as President of the United States — presents a conflict of interest that will harm the American people," they wrote in a letter Wednesday.
New York Times
21-07-2025
- Business
- New York Times
Former NFLPA executive director Lloyd Howell Jr. resigns from The Carlyle Group
Former NFL Players Association executive director Lloyd Howell Jr. resigned from his role at The Carlyle Group, a spokesperson confirmed to The Athletic on Monday. The spokesperson did not give details as to when or why Howell resigned. ESPN first reported the news. On Thursday, Howell resigned from his role with the NFLPA amid rising criticism over the union's leadership and concerns about a potential conflict of interest involving Howell and his involvement with The Carlyle Group. Advertisement As reported by ESPN on July 10, Howell worked as a paid, part-time consultant to The Carlyle Group since March 2023, three months before he was elected NFLPA executive director. He stayed in the role even after the NFL approved private equity minority investors, including The Carlyle Group, in August 2024. Two sources with knowledge of the NFLPA's hiring process told The Athletic that union leadership was aware of Howell's work with the firm during the hiring process. One year later, when the firm had the opportunity to invest in the NFL, four sources with knowledge of the situation said discussions about Howell's role occurred and lawyers for the NFLPA and The Carlyle Group decided Howell's work in the aerospace and defense division was distant enough from the group's work with the NFL. An NFLPA source with knowledge of the situation disputed details in the ESPN report, which stated that an NFLPA attorney had requested that Howell consider resigning from his role with The Carlyle Group while still serving as executive director of the NFLPA. Three other sources said they had not heard of an NFLPA lawyer making that request to Howell. Reporting from ESPN, Pro Football Talk and 'Pablo Torre Finds Out' uncovered layers of dysfunction within union leadership within the past month, including findings that the NFLPA reached a confidentiality agreement with the NFL to hide information about an arbitration decision involving potential collusion over guaranteed contracts. In a statement announcing his resignation from the NFLPA, Howell said: 'It's clear that my leadership has become a distraction to the important work the NFLPA advances every day.' JC Tretter, former NFLPA chief strategy officer and a frontrunner to take over as interim executive director, resigned from the organization on Sunday. In an interview published by CBS, Tretter said he did not want to be considered for the interim job, nor be a part of the NFLPA. A source briefed on the procedure said the NFLPA executive board still plans to meet in the coming days to determine a process for selecting an interim executive director.
