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Entertainment News: May 9, 2025

Trump Organization Admits President Still Controls His Business


Published on 2025-05-09 20:41:27 - Forbes
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  • Donald Trump can lie to the American public, but the Trump Organization has a harder time deceiving authorities in Britain.

In a recent filing with the Federal Election Commission, the Trump Organization has admitted that former President Donald Trump still maintains control over his business empire, contradicting previous claims that he had relinquished control to his sons, Donald Jr. and Eric Trump, upon taking office in 2017. The filing, which was made public on May 6, 2025, reveals that Trump continues to have a significant role in the decision-making processes of the company, raising concerns about potential conflicts of interest and violations of federal ethics laws. This admission comes amidst ongoing investigations into the Trump Organization's business dealings and financial practices, with critics arguing that the former president's continued involvement in the company undermines the integrity of his public office and calls into question the transparency of his financial disclosures.

Read the Full Forbes Article at:
[ https://www.forbes.com/sites/danalexander/2025/05/06/trump-organization-admits-president-still-controls-his-business-in-new-filing/ ]