Detroit, St. Louis
The developer said he and Trump Hotels are discussing possible Scion hotels in Detroit and St. Louis.
Lawyers for President Donald Trump have said his organization won’t make new international deals while in office, without clarifying. They left the door open to new domestic agreements. It isn’t immediately clear how a U.S. licensing deal with foreign backers fits into that framework.
Trump is unique among modern presidents in that he hasn’t divested from any of his businesses, raising the prospect of conflicts of interest. His company last week tapped Burchfield and George Sorial, a longtime employee of the Trump Organization, to oversee the company’s ethics compliance.
This article was provided by Bloomberg News.