President-elect Donald Trump announced a sweeping plan Wednesday to separate himself from his business empire.
This is what the plan includes, according to Trump and his team:
- Trump hands control of The Trump Organization to sons Donald Jr. and Eric Trump, along with chief financial officer Allen Weisselberg.
- Trump resigns all offices and positions in his companies.
- Trump’s businesses and investments are placed in a trust.
- An ethics adviser will be required to approve any deals that could raise conflict-of-interest concerns.