WATCH: Will Trump become POTUS with conflicts of interest?

Thus far, the president-elect has eschewed placing his holdings into a blind trust

New York /
Nov.November 14, 2016 08:00 AM

On Jan. 20, 2017, Donald Trump will be sworn in as the 45th president of the United States, but he has some loose ends to tie up before then. According to the Ethics in Government Act of 1978, members of Congress must remove themselves from government dealings that might affect their personal financial interests. Presidents, however, were made exempt from those rules due to the complexities of the job.

Trump has so far decided to eschew the precedent of placing his holdings into a blind trust, choosing instead to pass his business on to his children. This leaves the president-elect in the sticky situation of heading for the White House with a number of business interests that have the potential to interfere with his governance.

To see the full story and some examples of Trump’s possible conflicts of interest, watch the video above.

For more videos, visit The Real Deal’s YouTube page.


Related Articles

arrow_forward_ios
Make Greenland Great Again? Trump wants to buy Arctic territory
Make Greenland Great Again? Trump wants to buy Arctic territory
Make Greenland Great Again? Trump wants to buy Arctic territory
Hamptons’ priciest summer rental to host MAGA extravaganza next month
Hamptons’ priciest summer rental to host MAGA extravaganza next month
Hamptons’ priciest summer rental to host MAGA extravaganza next month
From left: Letitia James, Donald Trump, Eric Trump, Ivanka Trump, Allen Weisselberg, and Donald Trump Jr. (Photo Illustration by Steven Dilakian for The Real Deal with Getty Images)
NY AG files civil fraud suit against Trump, children and company
NY AG files civil fraud suit against Trump, children and company
From left: Kris Jenner, Donald Trump and the Trump Tower at 721–725 Fifth Avenue (Photo Illustration by Steven Dilakian for The Real Deal with Getty Images and NYSCEF)
Trump Org sues scandal-plagued school once tied to Kris Jenner
Trump Org sues scandal-plagued school once tied to Kris Jenner
Donald Trump with 21 Vista Drive (Getty Images, Brown Harris Stevens)
Trump’s former Greenwich mansion up for grabs
Trump’s former Greenwich mansion up for grabs
Donald Trump and Allen Weisselberg with Trump Tower
Ex-Trump CFO Allen Weisselberg pleads guilty, will testify against firm
Ex-Trump CFO Allen Weisselberg pleads guilty, will testify against firm
From left: Donald Trump and former Trump CFO Allen Weisselberg (Photo Illustration by Steven Dilakian for The Real Deal with Getty Images)
Former Trump CFO close to plea deal in tax fraud case: report
Former Trump CFO close to plea deal in tax fraud case: report
Blackstone's Jonathan Gray, Fortress Investment's Peter Briger, Harry Macklowe and Donald Trump (Blackstone, Long Arc Capital, Getty Images)
The Fortress real estate hall of fame
The Fortress real estate hall of fame
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...