Sunday, March 16, 2025 | 12:07 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Trust records show Trump is still closely tied to his empire

Trump resisted selling his assets, stressing that the president has no legal obligation to do so

Donald Trump
Premium

U.S. President Donald Trump waits to speak by phone with the Saudi Arabia's King Salman in the Oval Office at the White House in Washington (Photo: Reuters)

Susanne Craig & Eric Lipton | NYT
Just days before his inauguration, President-elect Donald J Trump stood beside his tax lawyer at a Midtown Manhattan news conference as she announced that he planned to place his vast business holdings in a trust, a move she said would allay fears that he might exploit the Oval Office for personal gain.

However, a number of questions were left unanswered — including who would ultimately benefit from the trust — raising concerns about just how meaningful the move was.

Now, records have emerged that show just how closely tied Trump remains to the empire he built.

While the president says he has walked

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in