Critics of Trumps presidential library fundraising say there are no rules
News Source : CBS News
News Summary
- Sens.
- Warren and Blumenthal, along with three House members, are proposing several measures to restrict fundraising for presidential libraries.
- Among them is a contribution cap of $10,000 per person while the president is still serving in office.
- The legislation also proposes quarterly disclosures for all donations of $200 or more, and imposes a two-year "cooling off" period after the end of their term.
- While in office, presidents can solicit unlimited library donations from anyone — including foreign nationals, individuals seeking presidential pardons and corporations with federal contracts.
President Trumps efforts to direct millions of dollars to his future presidential library has drawn fresh attention to a lack of visibility into the identities or potential interests of the donors w [+10151 chars]
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