First Read: “We’ve had our doubts that Trump would ever get to this point, simply due to the requirement for actual presidential candidates to release their financial information. But the Washington Post reports that Trump will release a two-page summary showing assets of about $9 billion. Yet a little caveat here: This two-page summary will not be the actual financial-disclosure report that candidates are supposed to file to the Federal Election Commission within 30 days of becoming a candidate. (Trump could theoretically delay releasing this information for 120 days from today — by getting two 45-day extensions. And the penalty for submitting false information here is a no more than a year in jail or a $50,000 fine.) But you can’t take Trump’s candidacy seriously until he fills out the government financial-disclosure form.”
“Remember, we found out about Hillary’s paid speeches and Rubio’s liquidated IRA from their financial disclosures. They didn’t submit a one- or two-page summary. So if Trump is only submitting this summary, it actually is proof he isn’t that serious about this — it’s about trying to get into the debates but keeping up appearances in time for him to start a new season of The Apprentice in January. That said, he is one helluva promoter and he will get plenty of folks to bite as we will see over the next 48 hours.”
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