A Trump presidency would be favorable to Trump’s business ventures.
As president, Mr. Trump would have appointment power over many federal agencies and boards whose actions could provide beneficial to his business empire. Trump has already said that his policy positions are affected by his business interests. Many other presidential candidates, including Mitt Romney and Hillary Clinton, have held large fortunes in stocks, trusts, mutual funds, and real estate, but Donald Trump’s empire is largely built on his personal brand.
Dilvio Berlusconi served three stints as prime minister of Italy while maintaining his vast media holdings, which controlled nearly 90 percent of televised news in that country. Berlusconi was repeatedly accused of manipulating policy to lower his own tax liabilities and preventing his businesses from entering bankruptcy and evading legal proceedings. He was also known for his defamatory language and his anti-immigrant views.
Like Berlusconi, a Trump administration could choose to protect his companies from potential regulatory or legal problems through his newly-found power in the oval office.
Bill Paul
Chicopee
