Donald Trump has offered President Obama TWENTY DOLLARS, payable to a charity or charities of Obama's choosing, if Obama releases his college application, college records, and passport records.
Wait, twenty dollars? You thought it was five million dollars? Read on.
U.S. Office of Government Ehtics - Gifts & Payments
Unless an exception applies, executive branch employees may not accept gifts that are given because of their official positions or that come from certain interested sources ("prohibited sources").
But does Trump's offer count as a gift?
A “gift” is defined to mean anything of monetary value [...]
Well, maybe it's not because of Obama's official position. Is Trump a prohibited source?
A prohibited source is a person [...] who:
[...] has interests that may be substantially affected by performance or nonperformance of the employee's official duties.
Oh. So can Obama accept any portion of the five million dollars for charity?
There are a few exceptions to the prohibition on gifts from outside sources. These exceptions allow an employee to accept:
a gift valued at $20 or less, provided that the total value of gifts from the same person is not more than $50 in a calendar year
To summarize, even if Obama were considering this ridiculous offer, the total amount really being offered is just $20.