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Donald Trump & Co.

Trump Reportedly Not Planning to Divest From His Businesses - And So ...

December 16, 2016

[Photo:  Kenneth Feinberg, Famed Corporate Monitor  -  by Drew Angerer for NYTimes]

 

Of course he's not divesting. And anything further that’s written on the subject is just media sensationalism.

 

Here's what Financialish.com suggested on 11/29:   Dear President-Elect Trump: Here’s How to Fix Your Conflict-of-Interest Problem               

 


 

If you’re interested, here’s CNBC.com‘s account of the story:

 

As the clock counts down until President-elect Donald Trump enters office, a new report says that Trump will not divest from his businesses.

 

Although he will not divest, Trump will not be involved with the businesses, Wall Street Journal reporter Monica Langley told CNN on Thursday.

 

"He's not going to divest them," she told CNN. "He is going to lay out how he will not be involved at all. But he's going to still plan to own it and the reason they're not going to sell it ... is at first everyone thought, 'Well if they sold it, it'll be a fire sale.'"

 

Instead, his 2 older sons will focus on the businesses while Trump focuses on running the country, she said.