Trump Organization’s Ethics Plan Loosens Curbs on Foreign Deals
- The new plan is a break from the pledge made in his first term
- Quinn Emanuel partner William Burck is named as ethics adviser
The Trump Building at 40 Wall Street in New York.
Photographer: Stephanie Keith/BloombergThis article is for subscribers only.
The Trump Organization submitted an ethics plan for Donald J. Trump’s second presidential term that doesn’t rule out striking new deals with foreign companies — a break with its approach to managing conflicts of interest when he first took office.
The plan, released Friday, lacks any restriction on pursuing new business transactions with private foreign companies, though entering deals with foreign governments is prohibited. The development comes against the backdrop of recent Trump Organization tie-ups in Saudi Arabia, Vietnam, the United Arab Emirates and India.