Mr. Trump told Good Morning America that “You’re allowed to show that and remember the President of the United States has zero conflicts of interests.”
Prior to his inauguration, then-President Elect Trump put all of his assets into a revocable trust and gave the leadership of Trump companies to his sons Eric and Donald, Jr. Many considered Trump’s revocable trust to be wholly inadequatefor the purpose of managing conflicts of interests that could arise between President Trump’s business interests and being President of the United States.
Following a showy press conference which showcased lots of papers on a table, President Trump told the press that his sons “…are not going to discuss [the business] with me. Again, I don’t have to do this. They’re not going to discuss it with me.”
President Trump’s statement, like many of his statements, doesn’t square with reality: on national television, his son admitted to discussing the family business with his father while also claiming that there is an exception to discussing family business with his father.