Here are Trump’s options for the Trump Organization
Today, President-elect Trump tweeted that he’ll hold a news conference next month to discuss “leaving my great business in total,” adding that “legal documents are being crafted which take me completely out of business operations.” There’s still a lot unsaid and unclear about how a new arrangement will actually work and whether it will address bipartisan concerns about potential business conflicts affecting his presidency.
Trump hasn’t released a detailed plan, so we’ve only got a few tweets, interviews and statements to go on. He has talked in the past about turning management of the business over to his children. But importantly, he hasn’t said he’ll transfer ownership, or that he’ll have strict safeguards in place to prevent any children involved with management from talking business with the administration while he’s president. That’s why today’s tweetstorm isn’t satisfying a chorus of ethics watchers, who are advancing various proposals that would do more than just give management responsibility over to his children.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
