Home » today » Business » Trump handed over the household enterprise to his eldest sons – 2024-07-26 07:47:50

Trump handed over the household enterprise to his eldest sons – 2024-07-26 07:47:50

/ world as we speak information/ US President Donald Trump entrusted the administration of the household enterprise to his older sons – Donald Jr. and Eric, White Home press secretary Sean Spicer introduced at his first common briefing.

A day earlier than his inauguration on January 20, Trump introduced that he was voluntarily stepping down from all positions at greater than 400 non-public firms.

A replica of a doc to that impact was supplied to CNN by Trump’s enterprise empire, the Trump Group. As well as, Trump has consolidated about 100 of his firms underneath the umbrella of the Trump Group.

Whereas Trump is head of state, the Trump Group is freezing new contracts exterior the US, and a part of the lodge chain’s earnings in different nations will likely be transferred to the Treasury Division.

A authorized adviser to the president indicated that Trump has given up on the concept of ​​”fully giving up” his firms, in order to not find yourself promoting them off for nothing to the detriment of the opposite family members.

The pinnacle of the Workplace for the Prevention of Conflicts of Curiosity, Walter Schaub, criticized Trump’s withdrawal. Schaub factors out that the president has solely relinquished his govt positions, however not possession of his firms, and can proceed to obtain earnings from them. /TASS

Washington / USA

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