Trump Promised To Resign From His Companies — But There’s No Record He’s Done So

The following is an article by Derek Kravitz and Al Shaw was posted on the ProPublica website January 20, 2017:

To transfer control of his companies, the president has to submit filings in Florida, Delaware and New York. We spoke to officials in each of those states.

The President-elect Trump gestures to stacks of manila envelopes he said contain documents that transferred “complete control” of his businesses while speaking during a news conference in the lobby of Trump Tower in New York on Jan. 11, 2017 (Evan Vucci/AP Photo)

Update, Jan. 23, 2017: The Trump Organization is now filing paperwork on President Trump’s resignation from his companies. As of 5:30 p.m., it has filed paperwork for at least 14 companies in Florida.

The documents, which we’ve posted, are dated Monday, Jan. 23.

During today’s press briefing, White House Strategic Communication Director Hope Hicks said that Trump has resigned from all his companies, but that the documents “are not public at this time.”

CNN also reported on a Trump Organization document, dated Jan. 19, in which Trump states his resignation from more than 400 companies. Trump can resign from his businesses with a private letter. But in order to complete the process, he needs to file with states, each of which has its own deadline. Continue reading “Trump Promised To Resign From His Companies — But There’s No Record He’s Done So”