The American president-elect, Donald Trump, will not be involved in the management of his company, the Trump Organization, or its investments during his second term that begins on January 20, according to a code of ethics published this Friday by the firm.
The commitments are similar to those adopted by the real estate magnate in his first term to “avoid even the appearance of any conflict,” and mainly involve maintaining Trump’s business assets and investments in a fund operated by his children.
The company, which includes hotels, golf courses and other properties, announced in a statement these “voluntary” measures and the appointment of an independent ethical advisor, William Burck, partner at the Quinn Emanuel law firm, to ensure compliance and avoid conflicts of interest. .
However, activist groups pointed out a difference with respect to the commitments of the first term, and that is that although the Trump Organization will not sign new contracts or transactions with foreign governments, it is not explicitly prohibited from doing business with foreign companies.
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The firm has businesses in several countries and development or property management plans in others, including Saudi Arabia and Vietnam, details The Wall Street Journal.
Trump will have “limited access” to his company’s financial information, which will be reduced to “general business updates,” while his investments will be in the hands of financial institutions that will follow their own criteria and “will not ask for or accept opinions” from the president.
The company also agrees to give discounts to the Secret Service and other US agencies for stays, meals and other services in its hotels, and to donate to the Treasury what it earns in these when it identifies that the clients are foreign governments, in accordance with the document.
In his first term, the magnate handed over control of the company to his two oldest sons and was surrounded by controversy over perceived conflicts of interest, from mentions of business in his official speeches to the use of his properties by officials. foreigners.
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A very famous case was that of the G7 leaders’ summit in June 2020 in the United States, which Trump decided to hold at his golf club in Doral (Miami) and had to cancel due to criticism, although finally the arrival of the covid-19 19 forced us to change plans and do it virtually.
With information from EFE
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