Trump’s Business Plan Doesn’t Meet Standards, Ethics Office Says
- Presidents aren’t bound by same ethics law as Cabinet members
- Agency says transferring business to sons isn’t a blind trust
Trump: Sons Will Take Over Business Interests
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President-elect Donald Trump’s plan to have two of his sons run his business during his administration wouldn’t satisfy U.S. conflict-of-interest laws, although the president is exempt from those restrictions, the head of the U.S. ethics office wrote Tuesday.
The finding by Walter Shaub, who runs the Office of Government Ethics, highlights the uncharted ethical territory that Trump and the Trump Organization, an international real estate investment and brand licensing company, are entering, including the dearth of laws that apply to a president’s business affiliations.