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Settlement for Trump’s sham charity shows ‘astounding lack of trust’ in his honesty: tax law professor

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President Donald Trump on Thursday agreed to fork over $2 million as a part of a settlement with the New York Attorney General’s office for misusing money donated to his own charitable foundation.

In addition to paying $2 million, the president also had to admit that he misused foundation funds to fund his own presidential campaign, pay off his businesses’ legal expenses, and to buy a $10,000 portrait of himself that wound up being displayed at one of his Florida hotels.

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Philip Hackney, a former IRS lawyer who teaches tax law at the University of Pittsburgh School of Law, has gone over some more details of the settlement and has found that it places a surprising amount of restrictions on Trump in the future should he decide to open another charitable foundation in the future.

As the Washington Post reports, any future Trump charitable endeavors must include a majority of board members who have no relationship with the president and must regularly submit to audits.

Hackney tells the Post that these restrictions offer a damning comment on Trump’s overall moral character.

“That’s a pretty significant statement about a lack of trust of the president’s capabilities,” he said. “It’s truly astounding.”

The Donald J. Trump Foundation formally shut down late last year under an agreement with the New York Attorney General’s office.

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Internet blown away by Trump’s multi-tweet attack frenzy lashing out at Dems and GOP alike: ‘You are absolutely terrified’

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After spending the past two days mostly tweeting out videos that are complimentary to him, Donald Trump unleashed a flood of Twitter bile at Democrats, Republicans, a New York Times columnist and Fox News Sunday host Chris Wallace late Sunday afternoon.

After attacking Wallace, the president also went after an aide to Vice President Mike Pence -- calling her a "Never Trumper" -- then again demanded to know who the whistleblower, whose report initiated the current impeachment hearings, is.

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‘Never Trumper’: President unleashes on Pence aide after she testifies about ‘inappropriate’ Ukraine pressure

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President Donald Trump on Sunday lashed out at an adviser to Vice President Mike Pence after she testified that the president put "inappropriate" pressure on Ukraine to investigate Joe Biden.

"Tell Jennifer Williams, whoever that is, to read BOTH transcripts of the presidential calls," Trump ranted on Twitter. "[S]ee the just released ststement from Ukraine. Then she should meet with the other Never Trumpers, who I don’t know & mostly never even heard of, & work out a better presidential attack!"

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Trump melts down on ‘nasty and obnoxious’ Chris Wallace over Fox host’s interview with Steve Scalise

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President Donald Trump blew a gasket on Sunday afternoon after seeing -- or possibly just hearing about -- a contentious interview conducted by Fox News Sunday host Chris Wallace with Rep. Steve Scalise (R-LA).

Taking to Twitter, Trump denounced the longtime Fox host as "nasty and obnoxious."

"@SteveScalise blew the nasty & obnoxious Chris Wallace (will never be his father, Mike!) away on Chris’s lowest rated (unless I’m on) morning show. This kind of dumb and unfair interview would never have happened in the @FoxNews past. Great job Steve!" Trump tweeted.

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