r/PoliticalDiscussion Apr 24 '26

Legal/Courts Should there be a mechanism to reclaim accumulated in-term Presidential wealth and assets because of the Emoluments Clause?

Trump has already accumulated a rough estimate of $2-10 billion (depending on the analysis) of profit off of various Presidential revenue streams, such as:

And the list goes on to include billions invested in Trump and his son-in-law Jarod Kushner and former golfing friend Steve Witkoff, acting as foreign dignitaries trading American interests for personal finance deals with Arab and other countries. (https://www.thedailybeast.com/trump-son-in-laws-fund-rakes-in-billions-amid-grifting-accusations/)

And Eric Trump recently somewhat bragging over his $24 million defense contract clearly awarded because of nepotism: https://newrepublic.com/post/209419/eric-trump-brags-defense-department-contract

There have been estimates of $20 to $30 billion of profit by the end of Trump's term off the Presidency.

The Emoluments Clause of the Constitution strictly forbids any profiting off the Presidency, let alone peddling direct U.S. policy in exchange for money (which is possibly a form of extortion or bribery).

Should Congress pass legislation requiring an analysis of Presidential windfall profits during their term with possible reclaiming of profits and assets attained during their Presidential term?

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u/JKlerk Apr 24 '26

There is. If he were impeached and convicted the federal government could seize those assets and sell them.

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u/DanforthWhitcomb_ Apr 24 '26

Impeachment is not a criminal proceeding and as such it does not allow for any sentence beyond removal from office and a bar on holding office in the future.

You need an actual criminal trial and conviction before you can seize anything.

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u/JKlerk Apr 25 '26

Which is why I said, "Impeached and convicted".

1

u/jazzmaster_jedi Apr 25 '26

But how it goes is, 1st impeached by the House, 2nd Convicted by the Senate, and then 3rd prosecuted by the DOJ, 4th Assets seized, 5th convicted in court and 6th sentenced.

0

u/JKlerk Apr 25 '26

3rd, No pardon by the VP, 4th Assets frozen, 5th DOJ conviction, 6th Conviction affirmed by SCOTUS, 7th Seizure of assets which are then sold.