S
teve Witkoff, a real estate mogul and President Trump's special envoy to the Middle East, is divesting from his company, Witkoff Group, and cryptocurrency platform World Liberty Financial. This move aims to avoid conflicts of interest as he focuses on diplomacy. Alex Witkoff has already taken over day-to-day operations at the development firm, which Steve founded nearly 30 years ago.

    Witkoff's decision follows a similar path taken by Trump and Commerce Secretary Howard Lutnick, who have both placed their children in charge of their businesses while entering government roles. As Witkoff navigates his diplomatic role, he is also distancing himself from his real estate ties. His estimated fortune of $782 million will be subject to scrutiny as he works to avoid conflicts of interest.

    Witkoff's appointment has raised ethics questions due to the global nature of his business interests. To mitigate these concerns, he is divesting from his firm and cryptocurrency assets. This move aims to ensure that his diplomatic efforts are judged solely on their merit, rather than being influenced by his personal financial interests.