the trump business venture said it was <u+201c>in the process of vetting various structures with the goal of the immediate transfer of management of the trump organization." | getty by darren samuelsohn 11/11/16 05:39 pm est donald trump is moving quickly before he<u+2019>s sworn in as president to get out of the real estate, golf course and hotel business. in a statement friday, trump<u+2019>s main business venture said it was <u+201c>in the process of vetting various structures with the goal of the immediate transfer of management of the trump organization and its portfolio of businesses<u+201d> to the president-elect<u+2019>s three oldest adult children as well as <u+201c>a team of highly skilled executives.<u+201d> story continued below <u+201c>this is a top priority at the organization and the structure that is ultimately selected will comply with all applicable rules and regulations,<u+201d> a spokesperson for the trump organization said. along with being the heirs to trump<u+2019>s vast u.s. and international business holdings, his children donald jr., ivanka and eric, were also named on friday to the 16-person executive committee running their father<u+2019>s transition efforts. the move raised eyebrows, as it furthered the stark overlap between trump's political and business interests. trump<u+2019>s financial situation, as the wealthiest person ever to become president, was a regular point of debate during the 2016 campaign, and the republican deflected ethics questions by saying he<u+2019>d separate himself from his company. while trump as president wouldn<u+2019>t be subject to any conflict-of-interest laws, he is sure to face a wave of political scrutiny for any domestic or foreign policy moves that are seen as benefiting his businesses. even president barack obama raised questions about the ethics of trump<u+2019>s business dealings during the closing days of the campaign. in an interview with al sharpton on nbc news last week, obama complained that trump has <u+201c>got all kinds of business interests that nobody knows what's what and where money is coming from and where it might be going.<u+201d> <u+201c>that is the kind of unprecedented attitude with respect to the highest office in the land that would make me concerned about the country as a whole,<u+201d> obama added. by bill scher by thomas wright by joshua zeitz by jack shafer
trump organization planning <u+2018>immediate transfer<u+2019> to kids, executives - politico
darren samuelsohn jack shafer