The company said that it will tally up only money it takes in from only those who have specifically identified themselves as working for a foreign government entity.
In January, then President-elect Trump volunteered to donate Trump hotel profits gained from foreign governments to the Treasury in order not to run afoul of the Emoluments Clause of the Constitution, which prohibits US officials from profiting from foreign officials. The promise followed weeks of concern that accepting such profits would run afoul of the US constitution's emoluments clause, which bars officials from receiving gifts and payments from foreign officials. And that "would impede upon personal privacy and diminish the guest experience of our brand", the pamphlet says.
President Donald Trump has promised to donate profits from foreign governments using his properties to the U.S. Treasury.
The Trump Organization deferred a request for comment to the White House, which didn't immediately respond.
Last month, Mr. Cummings requested that The Trump Organization provide the committee with a breakdown of the policies it has in place to identify money it receives from foreign governments.
A Trump Organization plan to donate foreign hotel profits to avoid conflicts of interest doesn't go far enough, a top Democrat on the House Oversight Committee said Wednesday. Now it appears that Trump's business empire hasn't been keeping track of those payments, making compliance with the president's promise all but impossible. Profits that are more hard to link to a foreign government - those from state-owned businesses that isn't obviously state-owned, for example - would remain with the Trump Organization. An annual donation will be made to the US Treasury based on the calculations.
Trump resigned from his position in the Trump Organization and hundreds of associated companies, but did not divest as a number of ethics experts and others had called for. "Complying with the United States Constitution is not an optional exercise, but a requirement for serving as our nation's President". For instance, the company may not include business generated from state-owned enterprises "which may not be reasonably identifiable", it said.
As for "profit", the Trump Organizations says it will define it according to industry standards as established by the Uniform System of Accounts for the Lodging Industry.
In a letter to the Trump Organization, Cummings asked the company for more details and that it brief the Oversight Committee by June 2. Several Trump opponents and prominent ethics experts have contended the president's extensive business holdings and partners involved in global government create a violation of the clause.