Government ethics chief blasts Trump business plan [View all]

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Source: The Hill

The head of the Office of Government Ethics (OGE) on Wednesday slammed President-elect Donald Trump’s plan to separate himself from his business interests, calling it “wholly inadequate” in resolving potential conflicts of interest.

“The plan the [president-elect] has announced doesn’t meet the standards that the best of his nominees are meeting and that every president in the last four decades have met,” OGE Director Walter Shaub said during a speech at the Brookings Institution in Washington.

Shaub, an Obama appointee, said the only way for Trump to avoid conflicts between his business empire and the presidency is to sell his assets and place them in a blind trust.

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Shaub recognized divesting himself from his business holdings “could be costly” for Trump, but called it a necessary step for any president to take.

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Read more: http://thehill.com/business-a-lobbying/313864-government-ethics-chief-blasts-trump-business-plan