Trump's company is not agreeing to a blanket stop on new foreign business transactions.

The Trump Organization unveiled a new ethics plan that it says will limit President-elect Donald Trump’s involvement in management decisions and other aspects of the business while he is in the White House.

The Trump Organization on Friday announced that President-elect Donald Trump will not have any involvement in managing his real-estate and branding empire during his second term and appointed an outside ethics adviser to monitor major company actions – part of several measures the organization said it was taking to avoid conflicts of interest as Trump prepares to return to the White House later this month.

The Trump family business has agreed to a voluntary ethics agreement that would ban it from striking direct deals with foreign governments after inauguration, but would give it a free hand to pursue ventures with private foreign companies.

The measures, which were immediately called insufficient by ethics lawyers, included appointing an outside lawyer and limiting Mr. Trump’s access to detailed financial information.

The plan bans new deals between the Trump Organization and foreign governments − but not foreign businesses, as had been the case in the first Trump administration. It also outlines a review process for several transactions that meet a certain threshold like purchases over $10 million or leasing more than 40,000 square feet of real estate space.

The company is set on Friday to release a series of ethics rules governing the incoming president’s interactions with his business empire.

Trump's company says it won't strike direct deals with foreign governments after inauguration, but can make deals with private foreign companies.

Donald Trump’s controversial family business was dogged by ethics questions during his first term. Those questions are multiplying now.

The Trump Organization submitted an ethics plan for Donald J. Trump’s second presidential term that doesn’t rule out striking new deals with foreign companies — a break with its approach to managing conflicts of interest when he first took office.

The Trump Organization issued an ethics agreement that it said would govern how the family and President-elect Donald J. Trump would conduct themselves over the next four years.

President-elect Donald Trump's company is in negotiations to repurchase the lease on a hotel in Washington D.C. it used to own, the Wall Street Journal reported on Friday, citing people familiar with the matter.