the typical unit is 2-5 times bigger than a hotel unit. love the fact there is security in the front know,nd importantly, you hard togot great things replicate in the u.s. and hawaii. >> you are in partnership to extend the m&a group. will there be synergies and how did they take advantage of that kind of thing? >> we are excited about the new shareholder agent day. still a little early. we're looking at china for a number of years. every time we have come out, we goodook, we should have a order. we have had a robust business in japan, our fastest growing market for us. both percent sales growth over the last five years. we think china is an opportunity for us. we are excited to bring h and a on. competitors talk about developing these experiences. how do they intend to counter that for your business or continue the trend. it is something many brands are tapping into now. is that something you see us part of a strategy? >> wellness is part of the strategy. they all have great gems and on beaches ored ski resorts or golf courses hurray fami

much against divorce owner that tries to use many opportunities to convert those residential unit into tourist hotel (speaking foreign language.) >> and i was very much disgusted the owner tried to cover up the so-called displacement units that are compatible. >> (speaking foreign language.) >> and deliberately leaving vacant and not renting them to residents making it even harder for immigrants and low income families to find affordable housing. >> (speaking foreign language.) >> to many low income families and in any immigrants and seniors living choosing to live in an sro is not a free choice. >> (speaking foreign language.) >> it is often the only choice for low income families and they have not other choice we don't want tenderloin and the mission turning into areas welcome for tourists the acts of those owners are purely profit and disrespect for residents. >> (speaking foreign language.) >> the very purpose of those lose that were originally to be protect the families and now people using the loophole therefore i ask city hall to look at this problem seriously and approve this amendment and m

unit between the mid 19 san jose and 90s to diminish and convert those low income units many into condo and some hotelsst 9 thousand unit were demolished and within 1980 and 2000 i'm sorry 24/71970 and 19802000 were diminished and substantially another 64 hundred and 70 were you converted the country in san francisco didn't the to replace the unit and throughout but united states saw increase in the homeless population as displaced were about pushed below the remarks. >> supervisor peskin i want to be added as a co-sponsor many sros remain a source of affordable housing and your 34ur will protect this housing stock and protect low income residents from leaving did. >> supervisor sheehy thank you. >> welcome it's good to see you. >> thank you supervisor peskin for such a detailed and succinct history of an ordinance been around since 1946 state and local or shortly before the ordinance in 1981 a moratorium the city passed to protect those units that was seeing those residential gift rooms despair there was a housing emergency so for this type of housing that was opted out by then elderly and disabled so

much against divorce owner that tries to use many opportunities to convert those residential unit into tourist hotel>> (speaking foreign language.) >> and i was very much disgusted the owner tried to cover up the so-called displacement units that are compatible. >> (speaking foreign language.) >> and deliberately leaving vacant and not renting them to residents making it even harder for immigrants and low income families to find affordable housing. >> (speaking foreign language.) >> to many low income families and in any immigrants and seniors living choosing to live in an sro is not a free choice. >> (speaking foreign language.) >> it is often the only choice for low income families and they have not other choice we don't want tenderloin and the mission turning into areas welcome for tourists the acts of those owners are purely profit and disrespect for residents. >> (speaking foreign language.) >> the very purpose of those lose that were originally to be protect the families and now people using the loophole therefore i ask city hall to look at this problem seriously and approve this amendment and

unit between the mid 19 san jose and 90s to diminish and convert those low income units many into condo and some hotels and to was no exemption in between 1970 and 2000 almost 9 thousand unit were demolished and within 1980 and 2000 i'm sorry 24/71970 and 19802000 were diminished and substantially another 64 hundred and 70 were you converted the country in san francisco didn't the to replace the unit and throughout but united states saw increase in the homeless population as displaced were about pushed below the remarks. >> supervisor peskin i want to be added as a co-sponsor many sros remain a source of affordable housing and your 34ur will protect this housing stock and protect low income residents from leaving did. >> supervisor sheehy thank you. >> welcome it's good to see you. >> thank you supervisor peskin for such a detailed and succinct history of an ordinance been around since 1946 state and local or shortly before the ordinance in 1981 a moratorium the city passed to protect those units that was seeing those residential gift rooms despair there was a housing emergency so for this type of hous

much against divorce owner that tries to use many opportunities to convert those residential unit into tourist hotelspeaking foreign language.) >> and i was very much disgusted the owner tried to cover up the so-called displacement units that are compatible. >> (speaking foreign language.) >> and deliberately leaving vacant and not renting them to residents making it even harder for immigrants and low income families to find affordable housing. >> (speaking foreign language.) >> to many low income families and in any immigrants and seniors living choosing to live in an sro is not a free choice. >> (speaking foreign language.) >> it is often the only choice for low income families and they have not other choice we don't want tenderloin and the mission turning into areas welcome for tourists the acts of those owners are purely profit and disrespect for residents. >> (speaking foreign language.) >> the very purpose of those lose that were originally to be protect the families and now people using the loophole therefore i ask city hall to look at this problem seriously and approve this amendment and mea

. >>> also in the same area a fire ripped through two units of a single unit hotel last night. >> the fire was reported at about 7:15 at the elm hotel on eddie street. fire crews were able to contain the fire to a unit on the 4th floor and one on the 5th floor. nobody was hurt. the red cross is now helping two people who were displaced by the fire. an investigation into the cause continues. >>> when the transit service starts in play ride wills be free. the smart board announced last month night. the goal is to get to you try the rail. the free fare is scheduled to last through the 4th of july and after that it'll drop to half price until september 5th. smart service will go as far south as san r rafael and then will reach the airport up north. hopefully it'll get cars off the free heway. takes a while to get people to change habits. >>> there is an effort to stop rent control in the east bay. at 5:00 a landlord industry group's push to prevent a voter approved initiative from becoming law. >> a chance encounter here at this gas station helped a man turning his life around aversiving

hotel vouchers or meal vouchers. but in this case it sounds like it is united's fought, some sort of a computer -- fault, some sort of a computer glitch. shouldn't she be able to say look i can't get a hotel for $89. you need to give me a bigger voucher. >> reporter: yeah, that is a part of her frustration. she was trying to call around. she said this isn't enough. they did provide her that hotel voucher. but again as she does realize it wasn't enough money. i'm not sure if she went back. but as she was one of many who were frustrated tonight. >>> that is key advice for the passengers who travel a lot. go back to the ticket counter and say look, $89 isn't going to give me a room, you need to bump it up. it is their fault. passengers need to go back to the airline to say you need to make accommodations for this. it is your fault. >> reporter: good advice, yes. >> all right, thank you. >>> and now to the other big story tonight. the weather the bay area has been battered with heavy rain and strong winds causing some serious damage. power outages, car crashes, and down trees. >> take a look at this new video tonight out

currently there are eight trump hotels in the united states so the expansion would triple operations. the announcement rapes ethical questions because of the president's connection to the hotels. when he took office he turned the operation of his company over to his sons but he is refusing to different vest from his businesses. >>> chinese new year start this is saturday and is part of the celebration. there is a campaign to promote restaurants and other businesses in china town in san francisco. >> amber lee gives us a sample of how food can bring people together. >> reporter: for more than three decades capitol restaurant on clay street has been serving chinese comfort food. the ingredients for success are basic. >> the food is the taste that is very good taste. the second is that the service and the -- treat the people. just -- they come in, like a family. >> reporter: lo immigrate from china where she worked at a toy factory. after arriving in san francisco she worked as a certify very here at the restaurant for her mother-in-law before buying the business. her starriest natured w

. >> absolutely bill, according to usa today, i'm inside the best new hotel in the entire united states. where do you think i am? >> new york city, manhattan. >> i was going to say philly. >> nope i'm in new jersey in asbury park at the new asbury hotel. >> marquis, is that what they call them. this is very fluid space. people enjoy coming here to play pool. put a record on and listen to it, it's just a gathering spot that makes our guest interact the locals and really experience everything. >> the asbury hotel is different in many ways. it is being seen as a social hub in town with great food and great fun for everybody. there is a pool for when it gets hot and pool tables and games. the roof is the amazing part of the asbury hotel. 430-0300 square foot rooftop with breathtaking overlooks the ocean. they offer a movie theater complete with popcorn, beer, wine and sunrise yoga. starting january 21 a winter program program began spread your the first to hear about it. they have installed an ice-skating rink. of course, i can't i skate skate because i fall every time i see it. it's open o

planning or the other other the two residential unit are they rent-controlled units. >> i don't know the reason the residential hotelrdinance asks property owners to provide daily logs to the guest rooms and not the united the residential unit sometimes we have allowed rooms to be - dwelling units to be converted into guest rooms that also be used by case management 3 may not be a building that is a nonprofit they look at what helped as far as overall the uses and a provision within the field that allows lounges and certain types of open space type of amenities within the building that has to be used exclusive for the residents i don't believe that is proposed we have to type of proposal in the past i don't know exactly if this is opted out historically by the manager or tenants this is something the occupant can tell you. >> in your opinion do you find it unusual for residential hotel not to have a onsite manager. >> well, a, of this size this is a to have onsite management bans chapter 13 of the housing code with respect to that that person didn't necessarily have to live in the between but, live in the guest room

is he going to voluntarily donate all profits from foreign government payments made to his hotels to the united states treasury. this way it is the american people who will profit. in sum, i and president-elect other advisors at morgan lewis have determined the approach we outlined today will avoid potential conflicts of interest or concerns regarding exploitation of the office of the presidency without imposing unnecessary and unreasonable losses on the president-elect and his family. we believe this structure and these steps will serve to accomplish the president-elect's desire to be isolated from his business interest and give the american people confidence that his sole business and interest is in making america great again. bringing back jobs to this country. securing our borders, and rebuilding our infrastructure. the american people will well aware of president-elect's business empire and financial interest when he voted. people voted for him precisely because of his business success. president leekt trump wants to bring this success to all americans. thank you. [applause] reporter: what

there are eight trump hotels in the united states. the expansion would triple operations. we talked to some people in san francisco this morning. at least one woman said she thinks the hotel in the city would be a success. >> me personally. i'm sure it would do good here. i'm against it. >> reporter: why? >> i'm just not a trump fan. i do like the resort in las vegas. >> the announcement rapes ethical questions because of trump's connection to the hotel. when he took office he turned the operation of his company over to his two sons but he is refusing to different vest from his businesses. >>> fans are mourning the death of mary tyler moore yesterday. she is remembered as a tv pioneer who changes how women are shun on telll vision. she sure did. she inspired many americans with her role on the mary tyler moore show in the 70s where she played a single career woman. now she first hit the national scene on the dick van dyke show. she was nominated for her role in the the movie ordinary people in 1981. she will best be remembered for this. a trail blazing role model for a gene

the avalanche completely buried the hotel on wednesday. unitedatement saying that they have grounded all domestic flights due to an it issue. angry passengers have taken to social media to express their frustration. it's not clear how long the grounding will remain in effect. international flights have not been affected. the mobile phone giant, samsung, has said faulty batteries and problems in the manufacturing process are behind some of its phones overheating and bursting into flames. the galaxy note 7 phone was permanently dropped in october last year after a number of handsets malfunctioned and in some cases burst into flames. it's estimated the problems have cost samsung over $5 billion. let's get more from the bbc‘s kevin kim in seoul. kevin, this was really what everyone expected, wasn't it? yes, when samsung note 7 phone started to catch fire last year the company issued a recall and replaced them with phones equipped with batteries toa with phones equipped with batteries to a new supplier. but weeks later the mobile phones began to catch

currently there are eight trump hotels in the united states. expansion would triple operations. we spoke with one woman in san francisco this morning about the planned hotel. >> me personally i'm sure it would do good here. but i'm against it. >> why is that? >> i'm just not a trump fan at all. although i do like the resort in las vegas. >> the announcement might raise ethical questions because of president trump's connection to the hotels. when he took office he turned the operations of the companies over to his two sons but refusing to divest from the businesses. >>> a doll of president trump will be part of the center piece for the japan doll day. it portrays mr. trump wearing a gold kimono. one of four dolls to celebrate the health and happiness of girls in japan. the doll maker says mr. trump was included this year in hopes that he will make the world better for women despite earlier derogatory comments about women. >>> there will be a protest at 11:00 this morning in san francisco by people opposed to president trump's policies. it will b

he has many hotels in the united states which he owns and has license agreements on, and if a foreign government wanted to say, you know, say they're going to do him a favor and rent out the entire hotel for a weekend and give his company thousands or tens of thousands of dollars that way, there is nothing preventing him from doing that now. >> the president's lawyers and other legal scholars have looked at this and said booking a hotel is not the same as giving a sack full of cash to a president because the money is going to a corporation, not the president himself. >> sure, there are a number of interpretations here. one is from the president's lawyer you saw, if somebody's paying market rate for a hotel room, that doesn't feel like a gift to a lot of people and may not seem to be a gift under the constitution. if you look at an emolument as any kind of benefit or payment a president receives from a foreign entity, that even if one is paying market rate from a hotel room, that's still a benefit to him and his company. mr. trump said he will be donating any profits from foreign clien

currently the trump organization has ten hotels throughout the united states and overseas and a new locationould be set to open soon. the company hotel ceo is outlining plans for expanding the hotel chain. he said there are 26 major markets in the country. one of them right here in san francisco. all of this is happening as many continue to call on the president to complete laddie vest from his hotel and business to avoid conflict of interest. the president has said he is turning control of his cop over to his sons and will have no knowledge of its day to day operations but many say that is not enough. there is no timeline on when the chain could start the expansion plans or when a trump hotel could be heads here to san francisco. throughout this morning we will be talking with folks to get a sense on how they feel a trump hotel would go over right here in san francisco. . all right. thank you. >>> nasa and are of the monthing new pictures space. want you to take a look. they are amazing. the organization launch that new satellite back in novato capture earth as never seen before. clear, cle

united states. instead of fully divesting himself, trump said he would turn over his business operation to his two oldest sons, donald junior and eric trump. it would donate profits from the hotelsment, and the company would refrain from any international deals during the trump administration. any other domestic deals would be vetting by an ethics advisor. mark, how will the swamp draining advocates view where donald has landed in terms of dealing with business conflicts? mark: i agree with those who said, "the only way trump could himself and get rid of the conflict would be to liquidate the business." i knew he was never going to do that. under the circumstances, people can look at what he did, and as i predicted, he went further than he might have. there are provisions that are further than i thought initially he would go. i think the key is if you really has an ethics czar, someone like ken feinberg, a respected auditor of these kinds of decisions. if you pick somebody like that to oversee the new deals and that person is truly independent, i think the system is manageable. if use pick somebody who is a crony or the public does not know and trust, this is not much of anythin

he's going to voluntarily donate all profits from foreign government payments made to his hotels to the uniteds treasury. cheryl: daughter ivanka is giving up role in the business, her husband eric kushner are moving to washington and remember, mr. trump made it pretty clear he's watching them closely and if they mess up, they're fired. and with anything with donald trump, you have to believe that. >> he does stick with those words, thank you, cheryl. they have no clue how the body got there. an air traffic controller at the coleman spotting the security and finding body of 61-year-old man. police are not releasing his name. also this morning a million dollars worth of drugs, not getting passed the border, cocaine and meth hitting inside, nearly 80 pounds. drugs sniffing dogs tipping them off at check point in southern california. a american man and mexican woman are now under arrest. >> the sight of 1972 robbery that kicked off historical presidential cover-up is on fire, flames raging on the 13th floor inside one of the apartments, firefighters arrived fast and they put the fire out fast but

he is going to voluntarily donate all profits from foreign government payments made to his hotels to the unitedry. this way, it is the american people who will profit. >> bill: all right, so come he's got golf courses in scotland and ireland. if he makes a profit, the money comes back, he is giving it to the feds, right? >> correct. these hotel rooms, whatever their profit margin is, that is going to result in a check to the treasury. i think it is a brilliant move. the point of fact, he stressed, his attorney stress, there is nothing in either law or the constitution -- >> bill: he didn't actually do it. >> he is doing the right thing. >> bill: he doesn't have an enormous amount of stuff overseas. it's just, it's targeted stuff. >> is significant. >> bill: it's a p.r. gesture. >> it's a p.r. gesture and it is also 14 14 14 businesses that d to be relevant. >> bill: 14. that is what he's got abroad. the ireland golf course, i have been there. i am not a golfer but it is beautiful. it's a beautiful place. he's losing money on that. >> no check for the treasury on that. >> bill: it will be intere

he is going to voluntarily donate all profits from foreign government payments made to his hotels to the united states treasury. this way it is the american people who will profit. in in sum, i and president-elect's other advisors at morgan lewis have will avoid conflicts of interest or concerns involving exploitation of the office of the presidency without imposing unnecessary and unreasonable losses on the president-elect and his family. we believe this structure and these steps will serve to accomplish the president-elect's desire to be isolated from his business interests and give the american people confidence that his sole business and interest is in making america great again, bringing back jobs to this country, securing our borders, and rebuilding our infrastructure. the american people were well aware of president-elect trump's business empire and financial interests when they voted. many people voted for him precisely because of his business success. president-elect trump wants to bring the success to all americans. thank you. [ applause ] >> my pleasure. good? >> thank you very much.

acording to visa, fourth quarter saw strongest consumer spending in united kingdom. hotels and restaurants and pub, british exit should calm nerves about the stock market rally stalling. and to under score potential for a trump presidency, yield result, he has to be sworn in to the job. here is discuss ground swell of excitement, bill, susan and danielle, bill. that number was mind boggling what is going on. >> it was. best since 2004. there was really close to numbers in 1983 at beginning of that great 1983 to 1990 expansion, after the last time we have 10% unemployment. a different set of policies in place than in 2009. charles: donald trump has not even been sworn in yet. the businesses are getting excited about a lot of things. expect the economy to improve up 38 percent to 50% -- real sale to be higher up 20% to 31%. can this be equipment reality -- can this become reality. >> there an old saying don't raise expectations so high you can't deliver, i believe we have been so suffocated by that past administration people are ecstatic about president-elect trump administra

that constitutional conflict law because his enterprises around the world in the united states including the trump hotel a few blocks away from the white house are sucking in these foreign cash and benefits on a daily basis. it is outrageous. that leads me to a duo question. it is stunning to hear me say that. do you think lawyers from donald trump would know this and you think the republican party hands would know this and the second part of the question, who has standing as you lawyers would say to do anything about it if they wanted to? >> you would think that the lawyers know it on the first part of the question and in fact, there has been a not to it by donald trump's lawyers because sherry dylans, she admitted to her credits. we are going to deal with it he said by stripping out the profits from the hotels. brian, what about the non-hotel properties and the massive foreign loans and the condos and apartments he sells and even in the hotels, it is never been held. the department of justice again and again, to deal with these foreign cash flows and benefits, these are monuments, you got to segregate

adding that he'll voluntarily donate all profits and foreign government payments made to his hotels to the unitedreasury. >>> when the u.s. intelligencecy agencies concluded that russia meddled in the election to help donald trump win, they decided to sit down with the network's chief editor. >> reporter: here in russia president trump's inauguration was cause for celebration. that's no surprise to u.s. intelligence agencies who claim moscow put in incredible efforts to help him win the election and to allege that the chief editor of "russia today" or r.t. played a key role. >> most of that criticism makes us laugh, really. >> reporter: intelligence officials have said that r.t. worked hand and glove with hackers and the government to change the impact of u.s. elections on putin's orders. >> did you read that report? >> reporter: yes. >> it is as much sad as laughable. >> reporter: the specific 25-page report she's talking about was released by the u.s. director of national intelligence. it mentioned by name 27 times. it described rt as part of a triangle moscow set up to discredit hillary clinto

many hotels are already sold out. >> reporter: the united states will experience its first trance continental solar -- trans continentle solar clips in many years, but thats are already making plans. >> people will come from all over the world to see this,s they this eclipse. >> reporter: the best place to see the eclipse on the east coast? columbia, south carolina. anyone within a 100 he-mile radius of the city will experience two and a half minutes of total darkness in the middle of the afternoon. >> citywide, there's a massive tonight have all kinds of events throughout the midlands of south carolina, is that people will have options, places to view him, things to do. >> reporter: which means a major boost in spending from dining and restaurants, to visiting museums, and weekend stays at hotels. >> i would say 75 to 80 rooms are booked up at this time. >> reporter: that's 80 out of 130 rooms, a year in advance. the columbia chamber of commerce hopes with nearly a million tourists coming to see the eclipse, the economic impact will be powerful. >>> time is 4:20. well, we're getting a chance

that he is going to voluntarily donate all profit from foreign government payments made to his hotel to the united states treasury. this way, it is the american people who will profit. and president-elect's other advisors and morgan lewis, will avoid potential conflicts of interest or concerns regarding exploitation of the office of the presidency without imposing necessary and unreasonable offices on the president-elect and his family. we believe this structure and the steps will serve to accomplish the president-elect's desire to be isolated from the business interests and give the american people confidence that his sole business and interest is in making america great again, bringing back jobs to this country, securing our borders, and rebuilding our infrastructure. the american people are well aware of president-elect trump's business empire and financial interests when they voted. many people voted for him precisely because of his business success. president-elect trump once to bring that success to all americans. thank you. [applause] [inaudible] do you plan to set an example in the future

he is going to voluntarily donate all profits from foreign government payments made to his hotels to the united states treasury. this way it is the american people who will profit. in sum, i and president-elect's other advisers at morgan lewis have determined the approach we've outlined today will avoid potential conflicts of interest or concern regarding exploitation of the office of the presidency without imposing unnecessary and unreasonable losses on the president-elect and his family. we believe this structure and these steps will serve to accomplish the president-elect's desire to be isolated from his business interests and give the american people confidence that his sole business and interests is in making america great again, bringing back jobs to this country, securing our borders and rebuilding our infrastructure. the american people were well aware of his business empire when they voted. many people voted for him precisely because of his business success. president-elect trump wants to bring this success to all americans. thank you. >> mr. trump, can we ask you policy questions? >>

he is going to voluntarily donate all profits from foreign government payments made to his hotels to the united states treasury. it is the american people who will profit. insum, i and president-elects will avoid potential conflicts ever interest or concern regarding exploitation of the office of the presidency without imposing unnecessary and unreasonable losses on the president elect and his family. we believe this instruct tear and these steps will serve to ak plirk the president-elect's desire to be isolated from his business and give the american people confidence that his sole business and interest is in making america great again. bringing back jobs to this country and securing our borders and rebuildingur infrastructure. the american people are well aware of president-elect trump's business empire when they voted. many people voted for him precisely because of his business success. he wants to bring the success to all americans. thank you. [ applause ] >> mr. trump, can we ask you some policy questions, sir? >> thank you. what is your response to your critics that say not only do you bu

unit between the mid 19 san jose and 90s to diminish and convert those low income units many into condo and some hotelsnd to was no exemption in between 1970 and 2000 almost 9 thousand unit were demolished and within 1980 and 2000 i'm sorry 24/71970 and 19802000 were diminished and substantially another 64 hundred and 70 were you converted the country in san francisco didn't the to replace the unit and throughout but united states saw increase in the homeless population as displaced were about pushed below the remarks. >> supervisor peskin i want to be added as a co-sponsor many sros remain a source of affordable housing and your 34ur will protect this housing stock and protect low income residents from leaving did. >> supervisor sheehy thank you. >> welcome it's good to see you. >> thank you supervisor peskin for such a detailed and succinct history of an ordinance been around since 1946 state and local or shortly before the ordinance in 1981 a moratorium the city passed to protect those units that was seeing those residential gift rooms despair there was a housing emergency so for this type of housin

planning or the other other the two residential unit are they rent-controlled units. >> i don't know the reason the residential hotelrdinance asks property owners to provide daily logs to the guest rooms and not the united the residential unit sometimes we have allowed rooms to be - dwelling units to be converted into guest rooms that also be used by case management 3 may not be a building that is a nonprofit they look at what helped as far as overall the uses and a provision within the field that allows lounges and certain types of open space type of amenities within the building that has to be used exclusive for the residents i don't believe that is proposed we have to type of proposal in the past i don't know exactly if this is opted out historically by the manager or tenants this is something the occupant can tell you. >> in your opinion do you find it unusual for residential hotel not to have a onsite manager. >> well, a, of this size this is a to have onsite management bans chapter 13 of the housing code with respect to that that person didn't necessarily have to live in the between but, live in the guest room

he is going to voluntarily donate all profits from foreign government payments made to his hotels to the unitedhis way, it is the american people who will profit. >> bill: all right, so come he's got golf courses in scotland and ireland. if he makes a profit, the money comes back, he is giving it to the feds, right? >> correct. these hotel rooms, whatever their profit margin is, that is going to result in a check to the treasury. i think it is a brilliant move. the point of fact, he stressed, his attorney stress, there is nothing in either law or the constitution -- >> bill: he didn't actually do it. >> he is doing the right thing. >> bill: he doesn't have an enormous amount of stuff overseas. it's just, it's targeted stuff. >> is significant. >> bill: it's a p.r. gesture. >> it's a p.r. gesture and it is also 14 14 14 businesses that d to be relevant. >> bill: 14. that is what he's got abroad. the ireland golf course, i have been there. i am not a golfer but it is beautiful. it's a beautiful place. he's losing money on that. >> no check for the treasury on that. >> bill: it will be interesting

announcing today he'll voluntarily donate all profits from foreign government payments made to his hotels to the united states treasury. this way, it is the american people who will profit. in sum, i and president-elect's other advisers at morgan lewis have determined the approach we outlined today will avoid potential conflicts of interests or concerns regarding exploitation of the office of the presidency without imposing unnecessary and unreasonable losses on the president-elect and his family. we believe this structure and these steps will serve to accomplish the president-elect's desire to be isolated from his business interests and give the american people confidence that his sole business and interest is in making america great again, bringing back jobs to this country, securing our borders, and rebuilding our infrastructure. the american people were well aware of president-elect trump's business empire and financial interests when they voted. many people voted for him precisely because o his business success. president-elect trump wants to bring this success to all americans. thank you. [ appla

he is going to voluntarily donate all profits from foreign government payments made to his hotels to the united states treasury. this way it is the american people who will profit. in sum, i and president-elect's other advisers at morgan lewis have determined the approach we've outlined today will avoid potential conflicts of interest or concerns regarding exploitation of the office of the presidency without imposing unnecessary and unreasonable losses on the president-elect and his family. we believe this structure and these steps will serve to accomplish the president-elect's desire to be isolated from his business interests and give the american people confidence that his sole business and interest is in making america great again, bringing back jobs to this country, securing our border, and rebuilding our infrastructure. the american people are well aware of president-elect trump's business empire and financial interests when they voted. many people voted for him precisely because of his business success. president-elect trump wants to bring this success to all americans. thank you. >> than

that constitutional conflict law because his enterprises around the world in the united states including the trump hotel a few blocks away from the white house are sucking in these foreign cash and benefits on a daily basis. it is outrageous. that leads me to a duo question. it is stunning to hear me say that. do you think lawyers from donald trump would know this and you think the republican party hands

they said that the profits they make off of foreign governments staying in trump hotels, they will donate to the unitedtates treasury. but that may not solve the problem, because it is profit that his company is making off of a foreign government. so we'll just have to see what kinds of legal challenges arise. i don't think it's going to go away. >> that's a question about, what role do you think congress plays overseeing this? already we've seen a fight break out between the office of government -- and the head of the oversight committee, about what role that an independent oversight could have on trump. >> yeah. jason is not talking about who is going after the ethics agreement, arrangement that donald trump announced this week. he's talking about going after the office of government ethics head, walter shaw, for his very critical comments of donald trump, saying he should completely divest himself to avoid conflicts of interest. he wants to have some sort of private interview, to discuss exactly why he's making these comments. he believes he's not acting in a non-partisan manner. >> so all of this i

that constitutional conflict law because his enterprises around the world in the united states including the trump hotel blocks away from the white house are sucking in these foreign cash and benefits on a daily basis. it is outrageous.

park avenue and he is close to the chinese state, has seen its aggressive efforts to buy up hotels in the unitedtes and that slowed amid concerns raised by the obama administration who wanted to review these foreign investments for national security risks. so what's the bigger concern, that the trump administration won't review them for national security risks or that it's just a straight-up conflict of interest for jared kushner? >> i think both are really big concerns, but the first one you raised is large. what they're doing in a lot of different places is partnering with groups, especially chinese -- ties to the chinese government that have had their bid for control especially in the hotel industry but also insurance questioned by the united states. there are securities firms that won't work with some of these companies because their ownership structures are not transparent. we don't know who controls them. and so this is a whole -- yes, it's another level of trump conflict of interest for sure, but there is also a national security interest and a kind of cavalier indifference to national se

payments by saying that the foreign government payments some of them at least from the hotels would be given over to the unitedtates government. but there are a lot of other foreign government sources of payments and loans from foreign government-owned banks throughout the trump business empire. there's no plan to deal with those. how about the buildings with his name on them all over the world that are posing a national security risk and global security risk? who is going to protect those buildings? is it going to be the foreign governments or the united states government or are people going to lose their lives when there are attacks onables because we have the president's name on a building in a place like mumbai or the philippines, indonesia, wherever? all of these problems remain intact. we heard no solutions today. i'm very disappointed. it's most unfortunate because he has about a week to figure this out before he becomes president. and he has a very important job to do not just looking out after his own financial interests. >> emily, you say trump's plan to donate to the u.s. treasury profits from his f

hotel. no person holding a position of trust with the united states government can be receiving profits from dealing with foreign governments. we have lobbyists who stay in that hotel. including the ncaa coaches, athletic directors want to go in there and lobby the president while staying in his hotel. that hotel is going to be an ethics nightmare for the next four years. if they don't get rid of that hotel, change the name, they have one place on pennsylvania avenue they ought to be focused on, and that's the white house. >> john, you'll get the first word on the other side of the break. please bear with me. i'm a little snifflely, you may hear some of that during the show tonight. i apologize in advance. if you're gonna make an entrance... [car driving upon the water] ♪ knowing where you stand. it's never been easier. except when it comes to your retirement plan. but at fidelity, we're making retirement planning clearer. and it all starts with getting your fidelity retirement score. in 60 seconds, you'll know where you stand. and together, we'll help you make decisions for your plan... to

when asked if trump hotels are planning a major expansion, a trump hotel spokeswoman says we see significant growth opportunity in the unitedfor both our hotel brands. there were many calls for trump to divest from his businesses once he became president and to put it into a blind trust. trump did not. his lawyer saying in part it would be too complicated. instead, he publicly announced he would turn over management of his company to his two sons, donald jr. and eric, and a trump executive. for some, that is not enough. >> it looks like he's selling his name or looks like his companies are selling his name to increase the size, increase the number of hotels, to increase themar-a-lago. that doesn't look good. i don't think his supporters want to see that type of thing. >> certainly you can't argue the optics on this. >> i think -- >> he wins and the fees double. >> right. but look, what team trump has done is they've hired these team of ethics lawyers going forward to help out. they've hired a chief compliance counsel to sort of look at red flags. the problems critics say with this guy is that this is someone who's already a