President-elect Donald Trump’s private business is being turned over to his three eldest children, who are separately serving on his transition team.
A statement from the organization released to Reuters says that Donald Jr., Ivanka and Eric Trump will run their father’s company with other executives.
{mosads}“This is a top priority at the organization and the structure that is ultimately selected will comply with all applicable rules and regulations,” the statement read.
Trump has long said he would put his assets into a blind trust if elected to avoid conflicts of interests between his business dealings and his decisions as president.
But with his children at the helm of the company, Trump’s interests won’t entirely be divorced from the company, something Trump lawyer Michael Cohen downplayed Thursday in an interview with CNN.
“Will we be able to appease everybody? The answer is no. No matter what the man does he can’t appease everyone,” he said.
“But everything will be done legally. He’s not interested in the company anymore.”
Trump’s transition office announced Friday that the three children will be part of the team’s executive committee, as will Ivanka Trump’s husband, Jared Kushner.