President Trump and former New York City Mayor Michael Bloomberg, seen here at the National 9/11 Memorial on Sept. 11, 2016, have taken similar actions regarding their wealth and holding office.
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Former New York City Mayor Michael Bloomberg speaks on behalf of Bloomberg Philanthropies Aug. 5 during the U.S.-Africa Business Forum. Bloomberg had been expected to commit most of his post-mayoral time to his charitable work, but said he found the day-to-day dealings at his media company to be too intriguing to stay away.
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U.S. Rep. Joe Baca of California, shown at the 2008 Democratic National Convention, learned the power of superPACs firsthand this year, when he lost for the first time since he was elected in 1999.
Jae C. Hong/AP