Trump Organization not pledging to ban private foreign deals
SalonAs Donald Trump began his first presidential term eight years ago, the Trump Organization issued an ethics agreement that said it would halt any new international real estate deals. The Trump Organization backed away from numerous foreign deals after Trump won the 2016 election, CNBC reports, but Eric Trump, the company's executive vice president, recently told The Wall Street Journal he got “very little credit for it.” The Trump Organization is planning several developments in the Middle East as a part of a global expansion, according to its website, including residential, hotel and golf projects in Oman, residential developments in Saudi Arabia and a hotel project in Dubai. The Trump Organization will offer discounted rates to members of the U.S. Secret Service and other government agencies that use the company’s hospitality properties, CNBC reported. Trump Media — the parent company of Trump's social media platform, Truth Social — was in talks to buy Bakkt, a crypto trading firm previously led by Kelly Loeffler, another co-chair of his inaugural committee.