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October 13, 2016, Politico
Robert Lenhard is quoted in a Politico article regarding speculation about Donald Trump’s CEO-heavy Cabinet, if he is elected. Lenhard, commenting on the financial scrutiny CEOs would have to face, says business executive nominees have several options to avoid conflicts of interest, including selling their assets or placing them in blind trusts. He adds that nominees tend to avoid using blind trusts, if possible, because they are strictly regulated and give people almost no control over their assets. “That’s very difficult for people to do, especially people who are businessmen and women. It’s very hard to give that up.”