Who Is Trump’s Financial Advisor

She Has An Assignment From God

White has a close relationship with the president and his family. She offered a prayer at Trumps inauguration brags about how she calls Trump first thing in the morning and reportedly visits the White House once a week.

But despite all of her talk about rejecting self-serving actions, she has called her appointment as Trumps adviser an assignment from God. She has also stated that the Lord wanted her to go on national television.

Trump Organization And Its Top Exec Charged With Financial Crimes

The Trump Organization a group of hundreds of business entities owned by former President Donald Trump and its chief financial officer were charged Thursday with engaging in a money-making scheme to defraud city, state and federal tax authorities.

The Manhattan district attorneys charges against the company and its CFO Allen Weisselberg include scheme conspiracy, grand larceny, criminal tax fraud and falsifying business records. Both parties pleaded not guilty on all charges.

Weisselberg has worked for the Trump family since the 1970s.

Trump Org CFO Allen Weisselberg’s perp walk

Zach Everson

Weisselberg and the company are accused of defrauding tax authorities in order to heavily compensate certain beneficiaries at the company, including Weisselberg himself.

The purpose of the scheme was to compensate Weisselberg and other Trump Organization executives in a manner that was off the books: the beneficiaries of the scheme received substantial portions of their income through indirect and disguised means, with compensation that was unreported or misreported by to the tax authorities, the indictment read.

The scheme was intended to allow certain employees to substantially understate their compensation from the Trump Organization, so that they could and did pay federal, state, and local taxes in amounts that were significantly less than the amounts that should have been paid, it continued.

During His Presidential Campaign

Trump released initial details of his economic policies when his campaign officially began in June 2015, and more details during the first Republican debates which began in August 2015. Although critical of certain aspects of Trump’s early economic plans, especially increasing tariffs as opposed to free trade policies,Larry Kudlow and Steve Moore would eventually agree to join the Trump campaign as advisors. Although most presidential candidates had announced a team of formal economic advisors by October 2015, at the time Trump still primarily relied upon his business background to inform his economic plan . In addition to his own business expertise, Trump had a network of contacts that sometimes served as informal economic advisors during his campaign, including Carl Icahn. Even as late as July 2016, however, Kudlow and Moore were still not official advisors, despite having already helped craft some of Trump’s policy-positions related to taxation for instance.

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Weisselberg Soldier For Trump Faces Charges And Test Of His Loyalty

The Trump Organization executive is coming under increasing pressure to turn on the family.

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By Michael Rothfeld, Jonah E. Bromwich and Ben Protess

When Donald J. Trump slashed commissions for his real estate brokers, the executive overseeing the agents sent a long memo pleading that he reconsider. Please, she wrote. She received a terse, three-line response from Mr. Trumps chief financial officer, Allen H. Weisselberg.

The decision was final, Mr. Weisselberg told the executive, Rana Williams, in an email. If any of the brokers believed the reduction was unfair, he added, please let me know so that we can remove them from their buildings and replace them asap.

In nearly a half-century of service to Mr. Trumps family businesses, Mr. Weisselberg, 73, has survived and thrived by anticipating and carrying out his bosss dictates in a zealous mission to protect the bottom line.

Now, Mr. Weisselbergs fealty and the rewards he and his family reaped from it have landed him in serious legal jeopardy. He has been indicted in an ongoing investigation of Mr. Trump and Mr. Trumps company by the Manhattan district attorney, Cyrus R. Vance Jr., who has been working with the New York State attorney general, Letitia James. The charges are expected to be announced Thursday afternoon.

Hear Why A Constitutional Law Expert Thinks Trump Is Guilty ‘without Any Doubt’

New York Former President Donald Trump‘s long-time accounting firm informed the Trump Organization last week that it should no longer rely on nearly 10 years’ worth of financial statements and that they would no longer be their accountants, citing a conflict of interest.

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Timothy Mellon Pan Am Systems $10 Million

An heir to the Mellon banking fortune and the grandson of former U.S. Treasury Secretary Andrew Mellon, his is among the biggest donations this election cycle. He owns the largest regional railroad in North America, Pan Am Railways, which went up for sale in July. Hes been notably reclusive and absent from politics. Republican operatives reportedly had to look his name up on Google when he came forward to help.

Donald Trump Presidential Campaign Key Staff And Advisors 2016

See also: Donald Trump White House staff

There were three distinct phases to Donald Trump’s 2016 presidential campaign that could be seen through his top-level staffing decisions: the Lewandowski campaign, the Manafort campaign, and the Bannon campaign. The initial staffing involved only a handful of key advisors, including longtime Trump advisor Roger Stone. Trump hired Corey Lewandowski, whose motto was “Let Trump be Trump,” as campaign manager in February 2015. Lewandowski came from Americans for Prosperity, a 501 organization associated with David and Charles Koch, as did a number of early staffers. These early hirescombined with his choices for communicationssuggested that Trump intended to build a smaller staff that did not come from the traditional consultant class in the Republican Party. Trump added his foreign policy team in March 2016, continuing the trend of hiring staffers with little traditional experience in political consulting. The New York Times reported that many policy experts were “scratching their heads as they tried to identify his choices.”

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He’s Cooperated With Prosecutors In The Past

Weisselberg’s name hasn’t been particularly important in the Manhattan district attorney’s court battles over Trump’s tax records. But he has played a role in different investigations from federal and state prosecutors.

The chief financial officer testified for federal prosecutors in Manhattan who secured Cohen’s guilty plea. Weisselberg helped the Trump Organization reimburse Cohen the $130,000 hush-money payment he made to Stormy Daniels, the adult-film actress who said she had sex with Trump during Melania Trump’s pregnancy.

Weisselberg’s name didn’t appear in the charging documents against Cohen, and he was never charged for his participation in the scheme.

Cohen hasn’t forgiven Weisselberg. When the news broke that prosecutors were looking into Weisselberg’s family, he spoke out on Twitter.

“Remember that Allen Weisselberg received immunity from the SDNY to provide information and testify against me for the @StormyDaniels payment. #KarmaBoomerang,” Cohen wrote.

In a separate investigation, for Trump’s now defunct charity foundation, Weisselberg testified for prosecutors working for New York Attorney General Letitia James.

Weisselberg told prosecutors he had little knowledge of the Trump Foundation’s operations and testified he had no knowledge that he was on the Trump Foundation’s board of directors in a deposition transcript reviewed by Insider.

Weisselberg’s vast knowledge of Trump’s finances has made him a target in civil lawsuits as well.

More: ‘significant Evidence’ Of Alleged Fraud In Trump Business Investigation Ny Ag Says

Mazars effectively resigned as the Trump Organization’s accountant, saying, “Due in part to our decision regarding the financial statements, as well as the totality of the circumstances, we have also reached the point such that there is a non-waivable conflict of interest with the Trump Organization. As a result, we are not able to provide any new work product to the Trump Organization.”

The letter indicated that the former president and his wife still have tax returns to file by Feb. 15.

“We believe the only information left to complete those returns is the information regarding the Matt Calimari Jr. apartment,” said the letter. “As you know, Donald Bender has been asking for this information for several months but has not received it. Once that information is provided to your new tax preparers, the returns can be completed.”

A spokesperson for the Trump Organization refuted the firm’s characterization of the organization’s financial statements as unreliable.

“While we are disappointed that Mazars has chosen to part ways, their February 9, 2022 letter confirms that after conducting a subsequent review of all prior statements of financial condition, Mazars’ work was performed in accordance with all applicable accounting standards and principles and that such statements of financial condition do not contain any material discrepancies,” the spokesperson said. “This confirmation effectively renders the investigations by the DA and AG moot.”

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Proven Stocks Are The Safest Investments

From his disclosure, it seems that Trump doesnt take a ton of chances on risky stocks. He prefers buying stock from companies that already have a long history of success. Such stock is more expensive, of course, but over the long haul, it has a history of strong performance.

According to his disclosure, Trump holds stock in such corporate giants as Apple, GE, Conoco, Caterpillar, Bristol Myers Squibb and Morgan Stanley.

If youre interested in playing the market like Trump, an easy way to invest in the largest companies is to use a diversified index fund that tracks the largest U.S. stocks .

An index fund is a cheap way of building a well-diversified portfolio, with good tax efficiency, Dickerson pointed out.

‘satanic Wombs’: The Outlandish World Of Trump’s Spiritual Adviser

A video has surfaced of Paula White saying We command any satanic pregnancies to miscarry right now!

This weekend, a video of Trumps spiritual adviser, Paula White, surfaced showing her preaching some potentially ungodly words.

We command any satanic pregnancies to miscarry right now! she says, before clarifying: We declare that anything thats been conceived in satanic wombs that it will miscarry, it will not be able to carry forth any plan of destruction, any plan of harm.

We command all satanic pregnancies to miscarry right now Special Adviser to the White House Faith and Opportunity Initiative Paula White

Guthrie Graves-Fitzsimmons

White has since claimed that her words were taken out of context she wasnt praying for literal miscarriages, just metaphorical ones! Right. Whatever the case, its not the most outlandish thing shes ever advocated.

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The Latest List Of Pacs And Individuals Who Have Donated To Them

Donald Trump announced his reelection bid as soon as he took office four years ago and raised more than $1 billion in the 2020 cycle, according to OpenSecrets. This amount includes donations to his official campaign committee and outside groups such as single-candidate super PACs and hybrid PACs or Carey committees.

Donald Trump Administration Council Of Economic Advisors Appointment

Following his election as the 45th President of the United States in 2016, Donald Trump and his transition team considered individuals to fill the position of chair of the Council of Economic Advisors. Kevin Hassett was confirmed to the position on September 12, 2017, and sworn in on September 13, 2017. On June 4, 2019, Hassett resigned from the Council of Economic Advisors. On June 30, 2019, President Donald Trump named Tomas Philipson as the new acting chair of the Council of Economic Advisors, who served until January 20, 2021.

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Are You Recommending Any Changes

Delia Fernandez, president, Fernandez Financial Advisory, Los Alamitos, California: Im recommending that clients review their financial plans and portfolios to see if theyre on track to meet their goals. Probably the clients who are most anxious are the ones closest to retirement, or who have already retired. Like a lot of investors, they still remember the pain of 2008 and dont want to go through a big downturn. Some are thinking of getting out of the stock market completely and going to traditional savings accounts, which will definitely change their plans. Who can live on 1% interest on their savings? We need to do those projections so clients have real data to help them make a decision on their future.

Ted Halpern: No. A financial plan that could be derailed by a particular political outcome is not a good plan.

Sam Farrington: No changes because that would be speculation. We dont know for sure what the next administration will actually be able to accomplish. Until something changes, we stick to our long-term plan.

Steven Elwell: Im not recommending any current changes, but this is why having a plan and monitoring that plan is so important. Laws change all the time, and even though we cant predict exactly what will change, we can review any changes that do happen and adjust the financial plan accordingly.

One Decade Of Business Dealings

A useful snapshot is Trump’s record during the 10 years before he won the presidency. From 2006â2016, The New York Times went through every business deal that the Trump Organization announced or that was reported.

The 60 deals reflected a highly uneven track record of business success: “One-third of them never got off the ground or soon petered out. Another third delivered a measure of what was promisedâbuildings were built, courses taught, a product introducedâbut they also encountered substantial problems, like lawsuits, government investigations, partnership woes, or market downturns…The remaining third, while sometimes encountering strife, generally met expectations,” according to The New York Times.

Any deeper examination of the former president’s business record would be incomplete without looking at his series of high-profile bankruptcies and other failures. Below is a list of some of the highlights, although it is by no means comprehensive.

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