President-elect Donald Trump will not manage the day-to-day operations of the Trump Organization during his presidency, according to an ethics plan released Friday. The company will avoid new contracts with foreign governments but will not restrict foreign deals with private companies, a shift from practices during Trump’s first term. Trump’s investments will remain in a trust his children manages, with oversight from ethics adviser William Burck. Trump will have limited access to the Trump Organization's financial details, restricted to general business updates rather than specific asset performance.
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