Eric Trump
President-elect Donald Trump finally announced that he would place his two sons Donald, Jr. and Eric Trump in charge of his multi-billion dollar Trump Organization.The decision was announced at a press conference on Wednesday by Trump and Sheri Dillon, a financial advisor at Morgan Lewis Bockius.
He will still retain an interest in the company.
The bill would require Trump to divest while implementing the Constitution's Emoluments Clause.
But there is no talk yet of selling his company.
WHAT'S HAPPENING
It's a "classic conflict of interest," a federal ethics expert says.
Donald Jr. and Eric's fundraising has come under scrutiny for potential conflicts of interest.
New Texas-based group not legally required to disclose its donors.
Ethics office confirms the GOP-backed STOCK Act applies to the president and vice president, too.
The president-elect announced the plan on Twitter late Monday.
Does that include a message to the president-elect?