By Drew Harwell and Rosalind S. Helderman:
While promoting a Trump Tower condo development in South America last week, Eric Trump assured an Argentine newspaper that his family’s business was “in the first phase” of a building project in Buenos Aires.
Soon after, the Trump company’s top attorney said that there were no plans for a project “in the immediate future” and that the president-elect’s son “was simply saying that he is fond of the city” and hopes to have a project there one day.
The contrasting statements offer a real-time indication of the struggle that has taken place, largely behind the scenes, as President-elect Donald Trump, his family and advisers figure out how to remake the business he built over decades to avoid potential conflicts with his responsibilities as president.
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Nevertheless, on the eve of the much-anticipated announcement Wednesday by Trump detailing how he intends to wall off his presidency from the company, it has become clear that Trump’s approach is unlikely to eliminate all of the potential pitfalls stemming from the complex web of real estate holdings, partnerships and merchandising agreements that make up the Trump Organization.
The Full Story (January 9, 2017)
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