President Trump’s personal charity will shut down and disperse whatever funds it still has under a new agreement announced Tuesday by New York Attorney General Barbara Underwood. Underwood said the foundation also made a series of questionable donations to other charitable organizations to settle legal claims involving Trump businesses, including his South Florida Mar-a-Lago retreat, while another donation went toward promoting Trump’s international hotels. The attorney general’s office also alleged that Trump handed over control of the charity to his presidential campaign in 2016, as it made strategic donations to charities and events in key campaign states like Iowa and New Hampshire. The agreement, which still must be approved by a judge, requires the Trump Foundation to submit a list of not-for-profit groups that will receive distributions from the remaining assets. Read the stipulation here.
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