White House resolves potential conflict of interest for envoys

The White House announced that Witkov has not yet divested his cryptocurrency assets, including shares in the World Free Finance Corporation, which is linked to the Trump family. This situation may constitute a conflict of interest for the envoy. A White House official said Witkov had completed his financial disclosure and was working with ethics officials and legal counsel to ensure full compliance with government regulations, including taking all necessary legal measures to divest his assets. The process of determining which assets appointees need to divest may involve negotiations with ethical officials. If there is a long-term disagreement over which assets constitute conflict of interest, Witkov may face legal risks, especially if he is involved in a large amount of matters related to his personal financial interests, which may violate the Criminal Conflict of Interest Act. Government ethics requires cabinet members and other senior officials to divest assets that may cause financial conflicts of interest, but the president is not subject to these restrictions. US President Donald Trump is currently in office.