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Given that Trump will not face voters again as a presidential candidate, there’s little incentive for him to erect new guardrails against potential self-dealing, Payne added. His supporters were “well aware of the conflicts” and did not view it as disqualifying Trump from the presidency, he said.
In a statement, Trump spokeswoman Karoline Leavitt said the incoming president did not enter politics “for profit,” pointing to his decision to step away from running his company during his first term and donate his $400,000 annual presidential salary.
“President Trump removed himself from his multi-billion-dollar real estate empire to run for office and forewent his government salary, becoming the first President to actually lose net worth while serving in the White House,” said Leavitt, who is slated to serve as press secretary in the second Trump White House. “Unlike most politicians, President Trump didn’t get into politics for profit – he’s fighting because he loves the people of this country and wants to make America great again.”
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Eric Trump and other company officials did not respond to inquiries from 【 - Free Deep Market Trend Analysis 】 about the company’s plans for a second Trump term. In a recent interview with CNBC, the younger Trump said he takes ethical safeguards very seriously and said the incoming president “is going to have nothing to do with the company.”
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Presidents are exempt from criminal and civil conflict of interest laws that apply to other government officials, but previous presidents have taken steps to avoid even the appearance of benefitting from their official position. George W. Bush, for instance, sold his stake in the Texas Rangers baseball team as he prepared to seek the presidency.
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