PolitiFact: President is exempt from conflict-of-interest laws

  • Rudy Giuliani addresses a gathering at a campaign rally in Scranton, Pa., on Nov. 7. AP

PolitiFact staff
Published: 11/18/2016 3:10:08 AM

During an interview on CNN’s “State of the Union on Sunday, Rudy Giuliani said financial conflict-of-interest “laws don’t apply to the president, right? So, the president doesn’t have to have a blind trust.”

Our ruling

Giuliani said financial conflict-of-interest “laws don’t apply to the president, right? So, the president doesn’t have to have a blind trust.”

The president is, in fact, exempt from the primary conflict-of-interest provision in the U.S. code. So presidents do not have any legal obligation to put their financial holdings in a blind trust or to detach themselves from their financial interests in any way.

As president, Trump will have to comply with financial disclosure requirements, however, and he will not be able to take in any income from foreign governments.

We rate Giuliani’s claim True.

To read the full fact check, go to politifact.com.




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