In an extraordinary move, the director of the Office of Government Ethics publicly criticized Trump’s plan to separate his business interests from his presidential tenure, saying the plan Trump announced Wednesday at a news conference “doesn’t meet the standards” that other presidents, or even some of Trump’s nominees, had met.
"I wish circumstances were different and I didn't feel the need to make public remarks today,” Walter Shaub Jr. said Wednesday, according to the Associated Press.
Trump announced Wednesday that he would not sell his illiquid business assets or even put them in a blind trust. Rather, he would allow his sons to run his business, terminate all new foreign deals, and donate profits made from business dealings with foreign governments to the U.S. Treasury.
The Hill, which first reported Shaub made the remarks at the Brookings Institution, quoted him as saying Trump's plan to separate himself from his business was "wholly inadequate."
According to a transcript of Shaub's prepared remarks posted on Brookings' website, he called Trump's plan to "limit direct communication" about the business "wholly inadequate."
“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,” Shaub said. “We can’t risk the perception that government leaders would use their official positions for professional profit.” Read full post here