NYT: Trump Wants To Keep Stake In Business But Hand Reins To Sons

Republican presidential nominee Donald Trump (C) with son Eric Trump and wife Melania Trump cut the ribbon at the new Trump International Hotel October 26, 2016 in Washington, DC. Photo by Olivier Douliery/Abaca
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Donald Trump does not plan on completely divesting from his businesses, but plans to have his two oldest sons, Donald Trump Jr. and Eric Trump, run his companies, the New York Times reported Wednesday, citing unnamed sources familiar with the discussions.

Ivanka Trump will also likely leave the Trump Organization and is looking into ways to separate herself from her own businesses, according to the New York Times. Ivanka Trump has been the most outspoken of Trump’s children on policy issues and has reportedly expressed interest in addressing climate change. Her husband, Jared Kushner, is also close to Donald Trump and has served as a key adviser.

From the Times:

The Trumps are exploring what was described by one person briefed on the discussions as a “legal structure” that would give Mr. Trump and his daughter separation from the company. The New York Times spoke to two people involved in the transition process who were granted anonymity to speak candidly about continuing negotiations.

Trump has said that he will make an announcement on Dec. 15 on his plans to leave his businesses.

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Notable Replies

  1. Drumpf’s administration is already one of the most corrupt in US history. As of January 21st, it will be the most corrupt. Grant’s and Harding’s administrations will seem like models of honesty and probity by comparison.

  2. Trump is going to separate himself from his businesses by giving day-to-day control of their operations to his sons. His sons are two members of a sixteen person transition executive committee charged with, among other things, finding people to run the government and make decisions that will directly affect the fortunes of Trump’s businesses.

    Sounds legit. I think I know roughly sixty million people that will be just fine with that.

  3. It will be interesting to see if the Democrats rail against the most corrupt President in our history half as much as the Republicans railed against one of the most honest and principled.

  4. Drumpf

    We get it.

    Literally name calling, for whatever reason, makes me take you less seriously. It’s style over substance, like a 6th grader.

  5. If this report is true, it means that Ivanka will be a close advisor to the POS PEOTUS.

    Nothing short of complete liquidation to unrelated third parties should be acceptable. Presidency or your business - pick one.

    And even then, I’m not sure how you counteract the incentive that certain buyers might have to overpay and make themselves known in an effort to curry favor.

    POS PEOTUS always pushes until someone or something pushes back. Hello Congress, hey SCOTUS, a nation turns its lonely eyes to you - I hope you are watching.

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