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Speaker 1: Well, now it's time for our Bloomberg Law Report. Let's

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Speaker 1: get to the legal stories we are watching this morning

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Speaker 1: with Steve Podusk in the Bloomberg Washington Newsroom. Sponsors of

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Speaker 1: bipartisan legislation introduced in the House and Senate say the

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Speaker 1: measure seeks to protect US elections from foreign interference by

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Speaker 1: increasing with transparency of online political ads. A measure introduced

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Speaker 1: in the Senate would allow people to buy into Medicare

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Speaker 1: via the individual health insurance market, starting with rural areas

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Speaker 1: that have few insurers offering plans, and companies that try

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Speaker 1: to register offensive trademarks after our recent Supreme Court ruling

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Speaker 1: legalizing them will have to offer good evidence. Lawyers say.

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Speaker 1: Victories for the Asian American rock band The Slants and

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Speaker 1: Washington Redskins will likely not mean a barrage of registrations.

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Speaker 1: Bloomberg Law everything you need, all on one legal research platform,

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Speaker 1: including guidance analysis and Bloomberg Market Intelligence. Find out more

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Speaker 1: at Bloomberg Law dot com. Now another legal news Let's

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Speaker 1: take a look at a case claiming President Trump is

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Speaker 1: violating the Constitutions for an Emoluments Clause, a rarely invoked

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Speaker 1: provision that bars federal office holders from taking gifts and

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Speaker 1: payments from other governments. For more on this story, Bloomberg, Lahos,

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Speaker 1: Jing Grosso, and Greg Sture speak with Richard Painter, a

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Speaker 1: former White House ethics lawyer and vice chairman of Citizens

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Speaker 1: for Responsibility and Ethics in Washington. That's the watchdog group

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Speaker 1: responsible for the lawsuit against President Trump. One of the

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Speaker 1: issues Judge Daniels asked about was basically, why is this

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Speaker 1: thing in court? The Constitution says that Congress can authorize

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Speaker 1: a monuments, So why isn't this something that's better off

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Speaker 1: being dealt with in the political process rather than the courts. Well,

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Speaker 1: the Constitution says that the anybody holding a position of

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Speaker 1: trusts with the United States government may not receive a

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Speaker 1: present or an a monument, in a monument being a

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Speaker 1: profit or benefit from a foreign government without the consent

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Speaker 1: of Congress. So a president has the option of going

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Speaker 1: to Congress and asking for consent to receive profits and

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Speaker 1: benefits from dealings with foreign governments, whether it's foreign diplomat

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Speaker 1: staying in the hotels and running out the ball rooms,

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Speaker 1: or whether it's the financial support that the Trump business

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Speaker 1: empire very likely guests from banks controlled by foreign governments.

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Speaker 1: We know about the Bank of China extending some substantial loans,

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Speaker 1: and there may very well be others and sovereign wealth funds.

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Speaker 1: So he could go to Congress for permission. But when

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Speaker 1: he doesn't do that, he's in violation of the Constitution. UH.

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Speaker 1: And we are asking the judge to require the President

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Speaker 1: in an injunction uh to Hoi to comply with the

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Speaker 1: amnuments cause, not accept profits or benefits from doings with

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Speaker 1: foreign governments, or do what the Constitution says he must do,

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Speaker 1: which is to go to Congress and get permission. Richard.

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Speaker 1: The Trump administration is arguing that Crew and other plaintiffs

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Speaker 1: lacked the legal standing to sue that they can claim

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Speaker 1: the kind of injury from his alleged violation of the

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Speaker 1: Monuments Clause that's needed. How do you answer that, Well,

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Speaker 1: we believe we do have a standing under the standing

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Speaker 1: case law in the Second Circuit UH, where we have

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Speaker 1: brought the case in the Southern District of New York.

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Speaker 1: We have had to developed very substantial resources to dealing

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Speaker 1: with this new avenue and very dangerous avenue corruption that

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Speaker 1: the founders anticipated when they drafted the Miamus Clause UH,

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Speaker 1: and that is foreign governments seeking to influence the United

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Speaker 1: States government officials through unconstitutional payments on profits and benefits.

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Speaker 1: And so we believe we do have standing, and that's

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Speaker 1: one of the issues that Judge Daniels is gonna have

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Speaker 1: to the thaw. As former White House ethics lawyer Richard

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Speaker 1: Painter speaking with Bloomberg student Grosso and Greg Sture. You

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Speaker 1: can listen to Bloomberg Law weekdays at one pm Wall

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Speaker 1: Street Time here on Bloomberg Radio, and find more legal

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Speaker 1: news at Bloomberg law dot com. Attorneys will find a

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Speaker 1: septional legal research and business development tools there as well.

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Speaker 1: Visit Bloomberg Law dot com for more information.