Donald Trump reportedly plans to keep a stake in his business

Donald Trump.
(Image credit: Amanda Rivkin/AFP/Getty Images)

President-elect Donald Trump is reportedly exploring how to turn his business over to his adult sons, Eric and Donald Jr., but plans to keep a stake in the real estate empire and will not heed calls to divest, The New York Times reports. People who were briefed on the discussions said that Ivanka Trump would also leave the Trump Organization, likely to assume a role in Washington, and that Ivanka and her father are exploring a "legal structure" to separate them from the company.

Critics have pointed out that any way in which Trump might have a continued financial interest in his organization could result in conflicts and questions. The Office of Government Ethics has reportedly informed Trump's lawyers that ethical concerns can only be avoided with a divestiture.

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Jeva Lange

Jeva Lange was the executive editor at TheWeek.com. She formerly served as The Week's deputy editor and culture critic. She is also a contributor to Screen Slate, and her writing has appeared in The New York Daily News, The Awl, Vice, and Gothamist, among other publications. Jeva lives in New York City. Follow her on Twitter.