Trump to Step Down From Business, Won’t Divest Ownership

The transcript discusses Donald Trump's decision to retain ownership of the Trump Organization while transferring management to his sons. It highlights the lack of legal requirement for him to divest and compares his transparency to that of Nelson Rockefeller. The involvement of Trump's family in both the business and political spheres is also examined, noting potential conflicts of interest and informal business practices.

What decision did Donald Trump make regarding his ownership of the Trump Organization?

• He maintained ownership but transferred management.

• He transferred ownership to his children.

• He decided to sell the company.

• He dissolved the company.

How did Nelson Rockefeller handle his business interests while in office?

• He refused to disclose any financial information.

• He kept his interests but ensured transparency.

• He sold all his business interests.

• He transferred ownership to a blind trust.

What is a key difference between Nelson Rockefeller and Donald Trump regarding financial transparency?

• Rockefeller refused to disclose his tax returns.

• Trump has released more tax returns than Rockefeller.

• Both were equally transparent.

• Rockefeller was more transparent with his finances.

What role is Ivanka Trump expected to play in the Trump administration?

• She will manage the Trump Organization.

• She will have a larger role in the administration.

• She will serve as a financial advisor.

• She will not be involved in politics.

How is the Trump Organization's business approach described?

• Highly formal and structured.

• Outsourced to external managers.

• Strictly professional with no family input.

• Informal with family involvement.