What Michael Bloomberg Can Teach Donald Trump about Ethics


Professor Bruce Green wrote an opinion piece for Newsday on what Michael Bloomberg can teach Donald Trump about ethics.

President-elect Donald Trump campaigned on the promise to “drain the swamp” — to reduce the influence of lobbyists, wealthy donors, and special-interest groups. But this also should mean that public officials will not serve their own financial interests.

Despite Trump’s announced plan to transfer management of the Trump Organization to his sons Donald Jr. and Eric, the federal Office of Government Ethics is right that considerable questions persist about whether he’s doing enough to ensure he will not act for private profit. Trump heads a vast business empire, so how will he specifically avoid decisions — consciously or unconsciously — that promote his business interests over the public’s interest?

Trump is not the first wealthy businessman to achieve high public office and then work with the government’s ethics office to figure out how to avoid conflicts of interest.

It can be done.

I was a member of New York City’s Conflicts of Interest Board when Mayor Michael Bloomberg was elected in 2001. The billionaire businessman and some of his appointees entered city government from the private sector with significant business holdings and dealings. They devised plans to avoid conflicts of interest that met the board’s approval. The officials managed the task, because the plans were tailored to each particular financial situation. The plans included selling some assets and ending some business relationships as well as putting some assets into blind trusts.

Until now, Trump has asserted that, as president, he may ignore conflict-of-interest regulation that governs others in the executive branch. No previous president has taken that position, and for good reason.

Powerful public officials who make the most important decisions can do the most harm when they act to serve narrow private interests. And no one is more powerful than the president. Also, the president sets an example not only for federal officials and employees but also for public servants at all levels of government. If the leader of the free world doesn’t have to worry about conflicts of interest, why should anyone else?

Trump’s promise of honest government may be hard to fully achieve. And he won’t have a fighting chance without accepting the government’s ethics regulations and working with its ethics office to develop a plan to follow the law, whether or not he believes he must.

Bruce A. Green is the Louis Stein professor at Fordham University Law School. He teaches and writes on legal ethics and criminal law.

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