Washington—Senator Dianne Feinstein (D-Calif.) today released the following statement on China’s decision to award President Trump a trademark on his name that will financially benefit him:

“China’s decision to award President Trump with a new trademark allowing him to profit from the use of his name is a clear conflict of interest and deeply troubling. If this isn’t a violation of the Emoluments Clause, I don’t know what is.

“The fact that this decision comes just days after a conversation between President Trump and President Xi Jinping where President Trump reaffirmed the U.S. policy of ‘One China’ is even more disturbing as it gives the obvious impression of a quid pro quo.

“And this is just the start. Media reports state that the president has dozens of additional trademark applications pending just in China. These types of conflicts are exactly what we feared would happen: the president profiting off of his public service.

“I am deeply concerned that China and other countries will make certain decisions that will benefit the president with the hope of influencing his foreign policy decisions. This is yet another reason that President Trump should fully divest his interests. There’s no other way to ensure full transparency and avoid conflicts of interest.”