Trump to Step Away from Daily Business Operations

As reported by The Wall Street Journal, President-elect Donald Trump is set to distance himself from the daily management of the Trump Organization. This move comes as part of an ethics plan to be released by the firm, signaling a significant shift in Trump's involvement with his business empire as he prepares to assume the presidency.

New Ethical Guidelines for the Trump Organization

The ethics plan also outlines that the Trump Organization will refrain from entering into new deals with foreign governments during Trump's presidency. Additionally, Trump's access to the company's financials will be limited, and the organization plans to donate profits from foreign government officials to the US Treasury, underscoring its commitment to ethical business practices.

Commitment to Ethical Business Practices

Eric Trump, the president-elect's son and executive vice president of the company, emphasized the organization's dedication to not just meeting but exceeding its legal and ethical obligations during his father's presidency. This statement reflects the company's proactive approach to addressing potential conflicts of interest and maintaining transparency with the public.