President-elect Donald Trump’s type of wealth — based largely on the value of his brand name and on global real estate holdings — doesn’t fit well with existing ethics laws, which were written for an earlier time when rich politicos mainly invested in stocks and bonds.
To be clear, some ethics laws do apply to the incoming president.
“He’s still subject to bribery laws, he’s subject to the STOCK Act, which prohibits insider trading,” says Larry Noble, general counsel for the Campaign Legal Center, which supports anti-corruption laws.
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