Trump Aide Ivanka Trump Setting Up New Trump Foundation

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From Josh Marshall:

This is really quite astounding. In this morning’s edition of Mike Allen’s not-Playbook from Axios he introduces what seems to be Ivanka Trump setting up something that sounds a lot like the Clinton Foundation, only in this case run from within the White House by a top presidential aide who is also the President’s daughter, who also runs her own large international company and who also has two brothers who are currently running the President/Father’s company and trying to rake in as much money as possible on the fame and power of the presidency.

Here is Mike Allen:

Ivanka Trump told me yesterday from Berlin that she has begun building a massive fund that will benefit female entrepreneurs around the globe. Both countries and companies will contribute to create a pool of capital to economically empower women.

“The statistics and results prove that when you invest in women and girls, it benefits both developed and developing economies,” she said. “Women are an enormous untapped resource, critical to the growth of all countries.”

  • Under the radar: Canadians, Germans and a few Middle Eastern countries have already made quiet commitments, as have several corporations, a source said.
     
  • How it’ll work: The fund will provide working and growth capital to small- and medium-sized enterprises.
     
  • Who’s involved: President Trump is a huge supporter of his daughter’s idea, and she has consulted with World Bank Group President Jim Yong Kim about how to pull it off in a huge way.

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