- Sputnik International
World
Get the latest news from around the world, live coverage, off-beat stories, features and analysis.

Lawyers Group Urges Trump to Transfer Businesses in ‘True Blind Trust’

© AP Photo / Mic Smith, FileIn this Dec. 7, 2015, file photo, Republican presidential candidate, businessman Donald Trump, speaks during a rally coinciding with Pearl Harbor Day at Patriots Point aboard the aircraft carrier USS Yorktown in Mt. Pleasant, S.C.
In this Dec. 7, 2015, file photo, Republican presidential candidate, businessman Donald Trump, speaks during a rally coinciding with Pearl Harbor Day at Patriots Point aboard the aircraft carrier USS Yorktown in Mt. Pleasant, S.C. - Sputnik International
Subscribe
The bipartisan group of scholars and former White House lawyers has come up with a plan regarding president-elect Donald Trump's business that would help former real-estate mogul to avoid conflicts of interest while in office.

Republican presidential candidate Donald Trump, fourth from left, poses for a photo with family members on the NBC Today television program, in New York, Thursday, April 21, 2016 - Sputnik International
Trump Wants to Delegate Control of Business to Sons, Keep Share in Enterprise
WASHINGTON (Sputnik) –Donald Trump should transfer control of his businesses to a “true blind trust,” independently run and free of family ties, the Campaign Legal Center wrote in a letter to the US president-elect.

“We urge you to divest your business enterprises into a true blind trust managed by an independent trustee having no family relationship with you, or the equivalent, in accordance with the Ethics in Government Act,” the letter, issued Friday reads.

The Campaign Legal Center also criticized Trump’s plan, set to be presented next Thursday, to shift management of his various businesses to his adult children.

“If taken, this approach will still leave you and your immediate family as the financial beneficiaries of the businesses, with your family managing them and the business enterprises entangled with your presidency,” the letter asserted. “This will not solve the real or apparent conflict of interest problems you face as president.”

Failing to properly divest his businesses could undermine public confidence in decisions Trump makes in domestic and foreign policy as president, Campaign Legal Center president Trevor Potter said in a press release accompanying the letter.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала