Trump Foundation to Dissolve Under Agreement With NY Attorney General
The Donald J. Trump Foundation, President Donald Trump‘s charity, has agreed to dissolve following a lawsuit by New York’s attorney general claiming Trump misused the foundation to advance his 2016 presidential campaign and his businesses, the attorney general announced Tuesday.
New York Attorney General Barbara Underwood, a Democrat, said that the Trump Foundation‘s assets will be distributed to charities that will be vetted by her office. The deal must still be approved by a New York state judge.
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