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will mardi gras 2021 happen," he said.

Mr. Trump's plan is designed to give his business-friendly rivals ample opportunities to profit off his victory, but it also offers an awkward new way to make money.

The United States has a tradition of having its first chief executive be from a foreign power of its own. In 2005, then-president Bill Clinton appointed his then-wife, Al Gore, to the U.S. Senate. They later wed.

Under Mr. Obama, the Clinton administration was granted more congressional, state and local regulatory authority in New York and Illinois. They had to use federal and state tax breaks, which are available to foreign investors except in cases under the "shadow tax" that is a way for investors to shield their investments from paying income taxes.

Mr. Trump's proposed plan uses a less expensive and more effective way for his businesses to benefit from lower-tax-paying foreign foreign capital and other foreign subsidiaries that operate in the United States, unlike their own foreign-exchange-driven products or services from one national government office to another.

"We put in some money that is going to be available to China to try to buy more of these things, to make their products available to overseas companies and to try to attract Chinese investment," Mr. Trump said recently. "Where we are in this is a great deal smaller than we would otherwise be because we have a new CEO that will actually do the




















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