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BILL PASCRELL, JR, w coMMMEEOUWAYS AND Means sexe roe ror wae Congress of the Hnited States aaa Bouse of Representatives February 1, 2017 ‘The Honorable Kevin Brady Chairman House Committee on Ways and Means 1102 Longworth House Office Building, Washington, DC 20515 Dear Chairman Brady: Kye ‘The Founding Fathers were determined to prevent corruption among public officeholders under ‘our Constitution, The emoluments clause prohibits federal officeholders from accepting foreign tsifts or emoluments without congressional consent. Their intention was to forbid relationships that might lead to corruption. Harvard Law professor Laurence Tribe and lawyer Joshua Matz have written that the meaning of “emoluments” asthe framers intended included profits received ina business relationship." President ‘Tramp has chosen to keep an ownership stake in is businesses, the scope of which we have no knowlege of she has refused to disclose hist ets. We belive that itis, imperative forthe pblc to know and understand his 364 nancial positons fn domestic and foreign companies,” and his self-reported net worth of more than $10 billion? We know that stalecoumed enterprises in Chins and the United Arab Emirates are involved in is businesses, and that his business ties stretch to India, Turkey, the Philippines, and beyond. Russia, Saudi ‘Arabia, and Taiwan may also have tes to his businesses.° These foreign entities are paying rents, licensing agreement payments,’ and issuing permits for developments -- effectively giving them 2 too influence oor new President None ofthese potential conflicts can be verified until and unless we have disclosure from President Trump. Every major Presidential candidate since Richard Nixon, withthe exception of "psi ort efalRespllrung®20and% 200.20 nelumens20Cnuse pf 2 pps operseees or} amazons com NG0023864_2016 Prexpll 2 washington com/news 201 ney 24doaldrump-ne- wort -bilion-cmpeign-manager “ps: bloomberg com/ pais arele2016-11-28'rumps-hies-bank-enan-maenepotatlease- arog ister "hp teaabadbabi eenwho weareourofficespx ‘hp waehinglonpost ome wor201701/1iirampe-foreign-netcre! * pr foes com/stemadiber/20162/herer-how-ach cup. will-ar-om-produclag celebrity spprentce4SBCEEIT36C3 ‘hps:wewashingonpestcom/wrl/sia_pacfictrumps extensive dels-inindi-ase conto interest ‘oncema2016/1120 33133190 304-44 f1-a26-<297489146Se sory hulu, frm et330Scen6u6 President Gerald Ford who released a summary of tax data, has released his or her tax returns for public review ~ until now.” Ifthe President doesnot either release his returns or consent to examination of such returns by this Committee, I urge you, as Chairman of the Committee and pursuant to Section 6103((1) of| the Internal Revenue Code, to submit a writen requestto the Secretary ofthe Treasury for copies ‘of the President fesieral tx returns by February 15, 2017. These retire and return information should then be made avai closed executive session, 1 further request thatthe Committe then vote in this closed session to submit the Presidents federal tax returns to the House of Representatives—thereby, if successful, making them available to the public. This Commitee followed a similar procedure to release confidential taxpayer information in the past during its exhaustive investigation of the treatment of certain tax-exempt organizations." ‘The Presidential campaign is over and the fear that a political opponent will try to use tax returns {or electoral benefit is passed, President Trump is now governing while also owning a business ‘with international investments. The Constitution faces unprecedented threats due to this arrangement. I believe the powerful Ways and Means Committe has the responsibility to use that power to ensure proper oversight ofthe executive branch by requesting a review of President ‘Trump's tax returns and moving towards a formal release of these dacuments tothe public Hook forward to your reply. Sincerely, (\ Pritt Gast Bill Pascrell, J. Member of Congress } ‘hep towns whiny erghral web neh psientihnreme \htps:wayandmeans house govieven/ markup of efenal-ote honorable ee holder eaomey-generof- former internal revenue sevice exempt organizations division decor loi lemet-fer- posible cial -proseculow”