WASHINGTON — Realizing that his presidency could face potentially crippling questions over conflicts of interest, Donald J. Trump and his family are rushing to resolve potential controversies — like shuttering foundations and terminating development deals — even as the president-elect publicly maintains that no legal conflicts exist.
In recent days, the president-elect and his aides have said that he intends to distribute the assets of his personal charity and then shutter it. He has examined a plan to hire an outside monitor to oversee the Trump Organization and has terminated some international business projects.
“This is a process that my father and my family are taking incredibly seriously,” said Eric Trump, who will help oversee the Trump Organization, and who announced last week that he was terminating fund-raising for his own charity, the Eric Trump Foundation.
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BREAKING. Trump Decides To Shutter the Trump Foundation – According to news reports, Donald Trump will liquidat… https://t.co/w1RS1oFoe0
— RedState (@RedState) December 24, 2016
According to news reports, Donald Trump will liquidate the Donald Trump foundation ahead of his January 20 inauguration.
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