Just a few weeks more before his oath taking, President-elect Trump has been pulling in other business magnates without even exerting a single effort. Nay, he does not even initiate it. Businessmen are trying to win his heart, but it seems that the 70-year-old baron is more interested in his role as President than in billion dollar business deal.
During an interview with Chris Wallace on Fox News Sunday, Trump that he won't be making any deals for now. In fact, he revealed that he turned down several deals from just one company which, as per his calculation, worth billions of dollars. The reasons? It's because he thinks that being in two different paradigms "could be perceived as a conflict of interest" between his presidency in Trumps Organization and the United States, reports Daily Mail.
Aside from turning down a huge deal, Trump is also planning to leave Trump Organization in order to focus more on public service. According to the same source, Trump will stay away from any matters involving the company and will leave the management to his children and executives.
While this seems a smart move for Trump, some believe that this only gives the future of his company and himself a huge threat. In a report by Inquisitr, the former US Ambassador to the Czech Republic, Norman Eisen, gave his insight about Trump's plan. He said "Although it is, of course, important that Mr. Trump has no involvement in Trump business operations, in order to avoid conflicts, he must also exit the ownership of his businesses through using a blind trust or equivalent. Otherwise, he will have a personal financial interest in his businesses that will sometimes conflict with the public interest, and constantly raise questions and legal issues."
Should Trump continue with his plan, his daughter Ivanka Trump is definitely going to be one of his children who will take over his roles alongside the executives. Trump will officially take office as the 45th US President on January 20, 2017. This is exciting as he will officially reside in the White House. However, aside from being involved in his own company's affair, Trump has a more personal issue as people are still talking about wife Melania and son Baron's absence in the executive mansion throughout his presidency. Check out a report by Jobs & Hire.
