Trump’s business empire set for a boom, reigniting ethics concerns as he re-enters presidency

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Donald Trump Nyheter

Trump Organization,Conflict Of Interest

NEW YORK, Nov 13 — Donald Trump’s impending White House return poses questions once again about conflicts of interest related to his business empire, with new cryptocurrency...

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However, the 78-year-old has retained his stake in the family business via a trust, which during his first term in office was managed by a third party. “Trump is still a very polarising brand, but the election outcome has strengthened the positive associations,” he said. Haas said that such partners understand the contracts give them “influence” over Trump, and will ultimately produce financial benefits for him.Trump’s conflicts of interest will be “a lot worse” than his last presidency, said Jordan Libowitz, vice president of communications at CREW, a government ethics watchdog group.

That stake is currently valued at around $3.8 billion — making up the majority of his estimated $5.9 billion wealth, according to Forbes.

 

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