President elect Donald Trump says he doesn’t care what occurs to his company in the aftermath of the election.
Nevertheless, he refusing by leaving his kids to fully detach in the Trump Organization — who are holding places team — of it going forward in charge.
During a “60 Minutes” interview that aired Sunday Donald Trump and Ivanka Trump said it doesn’t matter what occurs to other companies, fashion brands, as well as their hotel chains.
I don’t believe it matters,” Ivanka said. This is serious and a lot more significant that ’s the focus
Her dad subsequently cut in, saying, “I believe what Ivanka’s attempting to say is: who cares? Who cares? That is big league stuff. That is our nation. Our nation is going bad. We’re likely to save our nation. I don’t care about hotel occupancy. It’s peanuts compared to what we’re doing — health care that is . It’s not fair what’s occurred to individuals of our state and we’re going to alter it, it easy ”
Despite his comments, it remains uncertain how involved his family and Trump is going to be in his business’ future.
The president-elect has said that he’s likely to place his company in a blind trust commanded by his three oldest children: Donald Jr., Ivanka and Eric.
But critics say placing his kids defeats the whole reason for a blind trust.
An independent fiscal supervisor usually runs blind trusts. They have been frequently employed by public officials in order to avoid possible conflicts of interest while in office.
Critics are blasting Trump’s notion of blind trust, nevertheless, as the folks in charge — his three kids — are holding places on his presidential transition team, and can thus have input signal in choices for essential management places.
“If the kids run the so called blind trust as well as serve in certain governmental capacity, officially or informally, this could further exacerbate possible clashes and ethical dilemmas brought on by not distinguishing his company holdings from his governmental functions,” Kenneth Gross, a political law specialist at Skadden, Arps, Slate, Meagher and Flom, told the Washington Post.
But Rudolph Giuliani, one of Trump’s top advisors, said Sunday it’d be “unrealistic” to anticipate his children to step from their participation in the Trump brands.
The Trump Organization failed to promptly react to Business Insider’s request for opinion.