President-elect Donald Trump’s daughter Ivanka will reportedly be stepping down from her fashion label, as well as stepping away from the Trump Organization.
This information surfaced shortly after her husband Jared Kushner was named senior adviser to the new leader of the free world, Donald Trump; he too will begin to divest from his publishing, real estate, and venture-capital holdings.
On Wednesday afternoon Ivanka posted on Facebook, saying:
“When my father takes office as the 45th President of the United States of America, I will take a formal leave of absence from The Trump Organization and my eponymous apparel and accessories brand. I will no longer be involved with the management or operations of either company.”
Although the reasons behind these drastic decisions are still unclear, it does not appear to be the result of any father-daughter tension. Ivanka went on to say,
“I plan to take time to settle our three young children into their new home and schools,” though it is too soon to say if she will be involved in the Trump administration in any official capacity.
Ivanka also stressed that she is “deeply passionate” about “education and empowerment of women and girls; leveling the playing field for female entrepreneurs and job creators and unleashing the potential of women in the workplace.”
As a matter of fact, according to Politico reports, Ivanka has been seeking advice from Dina Powell, a Goldman Sachs partner and the president of the Goldman Sachs foundation.
Powell is in charge of the “10,000 Women” initiative, known for it’s support of female entrepreneurs; sources told Politico she is being looked at for the possibility of some form of counseling position.
Time will tell if Ivanka has a prominent position in the White House. It would appear that she will be involved, officially or not, in some capacity.