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Trump accused of risking financial corruption as transition donors kept secret

www.independent.co.uk Trump accused of risking financial corruption as transition donors kept secret

Trump hasn’t signed a transition agreement requiring the disclosure of donor names and limiting the contribution amount, ‘opening Trump’s team to financial corruption with no public transparency even before he takes office,’ Sen. Elizabeth Warren said

Trump accused of risking financial corruption as transition donors kept secret

Summary

Donald Trump faces criticism for refusing to sign agreements under the Presidential Transition Act, which mandates funding limits and donor disclosure for a smooth power transfer.

By not signing, Trump avoids donor limits and disclosure rules, enabling secret contributions, including foreign ones, which raise concerns about financial corruption.

Critics, including Sen. Elizabeth Warren, warn this undermines transparency and governance, as FBI background checks on nominees are delayed.

The White House confirmed the agreements remain unsigned, with Trump relying on private donors instead of federal funds.

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