Well, now it's time for our Bloomberg Law Report. Let's get to the legal stories we are watching this morning with Steve Podusk in the Bloomberg Washington Newsroom. Sponsors of bipartisan legislation introduced in the House and Senate say the measure seeks to protect US elections from foreign interference by
increasing with transparency of online political ads. A measure introduced in the Senate would allow people to buy into Medicare via the individual health insurance market, starting with rural areas that have few insurers offering plans, and companies that try to register offensive trademarks after our recent Supreme Court ruling legalizing them will have to offer good evidence. Lawyers say.
Victories for the Asian American rock band The Slants and Washington Redskins will likely not mean a barrage of registrations. Bloomberg Law everything you need, all on one legal research platform, including guidance analysis and Bloomberg Market Intelligence. Find out more
at Bloomberg Law dot com. Now another legal news Let's take a look at a case claiming President Trump is violating the Constitutions for an Emoluments Clause, a rarely invoked provision that bars federal office holders from taking gifts and payments from other governments. For more on this story, Bloomberg, Lahos, Jing Grosso, and Greg Sture speak with Richard Painter, a former White House ethics lawyer and vice chairman of Citizens
for Responsibility and Ethics in Washington. That's the watchdog group responsible for the lawsuit against President Trump. One of the issues Judge Daniels asked about was basically, why is this thing in court? The Constitution says that Congress can authorize a monuments, So why isn't this something that's better off
being dealt with in the political process rather than the courts. Well, the Constitution says that the anybody holding a position of trusts with the United States government may not receive a present or an a monument, in a monument being a profit or benefit from a foreign government without the consent
of Congress. So a president has the option of going to Congress and asking for consent to receive profits and benefits from dealings with foreign governments, whether it's foreign diplomat staying in the hotels and running out the ball rooms, or whether it's the financial support that the Trump business empire very likely guests from banks controlled by foreign governments.
We know about the Bank of China extending some substantial loans, and there may very well be others and sovereign wealth funds. So he could go to Congress for permission. But when he doesn't do that, he's in violation of the Constitution. UH. And we are asking the judge to require the President in an injunction uh to Hoi to comply with the amnuments cause, not accept profits or benefits from doings with foreign governments, or do what the Constitution says he must do,
which is to go to Congress and get permission. Richard. The Trump administration is arguing that Crew and other plaintiffs lacked the legal standing to sue that they can claim the kind of injury from his alleged violation of the Monuments Clause that's needed. How do you answer that, Well, we believe we do have a standing under the standing case law in the Second Circuit UH, where we have brought the case in the Southern District of New York.
We have had to developed very substantial resources to dealing with this new avenue and very dangerous avenue corruption that the founders anticipated when they drafted the Miamus Clause UH, and that is foreign governments seeking to influence the United States government officials through unconstitutional payments on profits and benefits. And so we believe we do have standing, and that's one of the issues that Judge Daniels is gonna have to the thaw. As former White House ethics lawyer Richard
Painter speaking with Bloomberg student Grosso and Greg Sture. You can listen to Bloomberg Law weekdays at one pm Wall Street Time here on Bloomberg Radio, and find more legal news at Bloomberg law dot com. Attorneys will find a septional legal research and business development tools there as well. Visit Bloomberg Law dot com for more information.
