Trump’s lawyers deny that the president’s continued receipt of business from foreign, federal, and state governments violates the Constitution. They may be right. And it may be difficult to persuade a court that anyone has standing—the appropriate injury—that would permit a lawsuit in the first place. But while profiting from the presidency may not violate the Constitution’s Emoluments Clauses, refusing to follow routine conflict of interest practices shows a contempt for norms. We might quibble about what counts as an emolument, but we should raise questions about a president unconcerned about mixing private profit and public duty.