President: Blind trust suggests conflict of interest
I will admit that I did not vote for Donald Trump for president, but he, by law, has won the 2016 election. On Friday, his lawyer announced that Trump’s oldest children, Donald Jr., Eric, and Ivanka, would be placed in control of a “blind trust” that would control the Trump multi-billion fortune and business.
A blind trust is defined as “trustees, or those who have power of attorney, having full discretion over the assets and the trust beneficiaries having no knowledge of this trust and no right to intervene in their handling.”
The Trump campaign also announced that all three of these children would serve on the transition executive committee to select persons to serve in key administration posts and government agencies. While this may be legal, does it not create the possibility of a potential conflict of interest and ethical issues caused by not separating his business holdings and his governmental functions as president?
This story was originally published November 18, 2016 at 9:14 AM with the headline "President: Blind trust suggests conflict of interest."