Editor: Vladimir Bajic | Tactical Investor
Trump Organization’s Secretive Global Network
The Trump Organization is an umbrella company for Donald Trump’s hundreds of investments in real estate, brands and other businesses.
As head of the executive branch and a business owner, he has the ability to influence both US policy and government agencies to benefit his bottom line.
Presidents are not subject to the same conflict of interest rules as other government employees, but previous commanders-in-chief have placed their investments into a blind trust to prevent any question of corruption.
Ahead of the inauguration, Mr Trump placed his business holdings in a revocable trust managed by his two adult sons, Eric and Donald Jr. But while this removes him from the day-to-day decision making of his business, the president still retains a long-term interest in making sure his companies are doing well.
Eric Trump told Forbes in March he may share quarterly reports with his father, despite a statement that they would not discuss business or government with each other. Shortly after, ProPublica reported Mr Trump could draw money from the trust at any time, without external disclosure. Full Story
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