More than two months after filing a federally required financial report, former President Donald Trump got approval Tuesday from the U.S. Office of Government Ethics — with a notable caveat.
“OGE notes that several of the assets on this report are the subject of dispute in the case of New York v. Donald Trump, et al.,” said an unusual notation on Trump’s public financial disclosure report, which was certified Tuesday by Shelley K. Finlayson, acting director, chief of staff and program counsel for the Office of Government Ethics.
“However, the time period at issue in that case does not appear to overlap with the reporting period of this report. OGE does not independently verify the value of the reported assets. In certifying this report, OGE relied on the valuation of assets reported by the filer,” the Office of Government Ethics’ notation reads.
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After being granted two extensions to file the report required of all presidential candidates, Trump filed his report on Aug. 9.
In it, Trump revealed thousands of assets, such as investments as much as $5 million in defense contractors Qualcomm and Boeing — and liabilities, such as nine mortgages in the $5 million to more than $50 million range.
The report also showed that Trump maintains massive real estate holdings and is keeping up trademarks on his name around the world, including in Russia, China and other United States enemy countries, Raw Story reported. He also received a quarter-million dollars from LGBTQ+ group, the Log Cabin Republicans, for a speaking engagement.
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Trump, the front-runner for the 2024 Republican presidential nomination, is facing 91 felony charges across four federal cases.
Additionally, in the New York civil case referenced by Office of Government Ethics, a New York judge ruled on Sept. 26 that Trump committed fraud by inflating the value of his assets by as much as $2.2 billion, and in turn, secured more favorable loans and insurance deals, The New York Times reported.
A trial to determine the severity of penalties against Trump started Oct. 2 and is ongoing. The former president has been personally attending some of the proceedings. An adverse ruling against Trump, who has denied wrongdoing, could lead to him losing significant parts of his business empire and corresponding fortune.