Trump Org Claims It Will Limit Trump’s Involvement

NBC News reports:

The Trump Organization on Friday unveiled a new ethics plan that it says will limit President-elect Donald Trump’s involvement in management decisions and other aspects of the business while he is in the White House. Trump will have “limited access” to the company’s financial information, receiving only “general business updates,” according to a five-page white paper on the ethics plan shared with CNBC.

The incoming president’s investments will be held in a trust controlled by his children and “independently managed by outside financial institutions,” which will not accept his input about specific holdings or transactions, the company said. The Trump Organization, meanwhile, declared it “will not enter into any new material transactions or contracts with a foreign government, except for Ordinary Course Transactions.”

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