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Trump's family business

Posted January. 11, 2017 08:46,   

Updated January. 12, 2017 07:21

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During last year's presidential campaign, Democratic presidential candidate Hillary Clinton made a famous pledge that if people voted for her, it would be a package deal that included Bill Clinton: “Buy one, get one free.” This meant that her victory will automatically have her husband be responsible for the economy. Bill had made a famous 1992 campaign slogan "It's the economy, stupid" that attracted voters' minds and led to economic stimulus. However, due to Hillary's loss, her “husband and wife marketing” lost glitter.

With official inauguration less than two weeks away, Donald Trump nominated Monday his eldest son-in-law as a senior White House adviser. During the election campaign, his eldest daughter, Ivanka, and her husband and real estate tycoon, Gerard Kushuner, displayed their presence as a heavyweight. They oversaw speech writing and policy establishments, as well as schedule and election money management. They look likely to continue the work in the future. Trump assigned his business to his two sons during his presidential term.

The problem is the federal law that bans nepotism prohibiting the president's family and relatives being nominated in government positions. When Bill Clinton was president, he nominated Hillary to head healthcare taskforce and was sued due to this law. Perhaps because of this, Kushner declared he will not receive salary. Another hurdle is conflict of interests. It was known that Kushner in November last year had a secret meeting with Wu Xiaohui, chairman of China's privately-owned Anbang Insurance Group, for business. Coincidentally, President Barack Obama criticized Saturday that national affairs are not a family business. Trump acted like he didn't hear that.

Politico Magazine expects Trump's Cabinet management style to be giving autonomy and assignment simultaenously while making accountable for the results, which is a business management style. This means that rather than intervening in details, he will look into issues that could become an accomplishment or attract social interest. Minute control of national affairs is likely to be done by family members including Ivanka and Kushner. Will Trump be able to manage the U.S. in the same way he has cumulated wealth? The results will be known four years from now.