Days before Donald J. Trump took office as president in 2017, he promised to rein in the freewheeling ways of his companies and assured Americans that his family business would not “take advantage” of the presidency.
Nearly eight years later, he still hasn’t made any such commitment.
Financial documents and interviews with people familiar with the finances show that the former president, and likely future presidents, have pursued a second term with a variety of new ventures without offering to reinstate the guardrails of their first term. is making a profit.
The ethics plan Mr. Trump imposed on himself while in the White House was limited and much criticized, but it prohibited much of the current consensus-building.
Even if Mr. Trump ultimately agrees to abandon future overseas operations that were the centerpiece of early plans, his company will quickly move ahead of any new constraints that may arise. With the announcement, the recent deal will most likely be scrapped, one of the people said. Said.
This year alone, the Trump Organization has concluded real estate deals in Vietnam, Saudi Arabia, and the United Arab Emirates, centers of U.S. foreign policy interests.