Designates who are appointed to represent others in positions of trust must be held to a fiduciary standard. The courts of equity have long acknowledged that financial conflicts and non-disclosure of personal benefit are anathema to fulfilling fiduciary duty.
Although Donald Trump handed over control of his businesses to his sons, the president still collects on their profits. Here’s how Trump’s White House is a money-making machine. Here is a direct video link.
Trump’s White House has been a money-making machine from CNBC.