A blind trust is a trust in which a person places his or her investments or assets under the control of an independent trustee and is not advised as to the trustee’s decision making regarding the investments or assets, so as to prevent the expectation of personal profit or benefit from influencing the person’s actions.

When asked about a blind trust related to his businesses , President Trump said,

“If I become president, I couldn’t care less about my company. It’s peanuts. I want to use that same — up here, whatever it may be — to make America rich again, and to make America great again. I have Ivanka and Eric and Don sitting there. Run the company, kids. Have a good time. I’m going to do it for America. … I would put it in a blind trust. Well, I don’t know if it’s a blind trust if Ivanka, Don and Eric run it. But — is that a blind trust? I don’t know. But I would probably have my children run it with my executives. And I wouldn’t ever be involved, because I wouldn’t care about anything but our country. Anything.”

When it came to the Trump Organization, Ivanka had stated,

“My father already said he would put it into a blind trust and it would be run by us. So he’s been very articulate on that fact and outspoken.”

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Eric Trump, perhaps not understanding what a blind trust is or not ever having to watch what he says, although having originally said that he would not speak with the president at all about the status of the Trump Organization, told Forbes that he will give the president financial updates, “the bottom line, profitability reports and stuff like that, but you know, that’s about it”, on the business every quarter.

He had originally said that he compared a blind trust to the wall of separation between church and state saying,

 “There is kind of a clear separation of church and state that we maintain, and I am deadly serious about that exercise. I do not talk about the government with him, and he does not talk about the business with us. That’s the kind of steadfast pact we made, and it’s something that we honor.”

So his saying that he will give the president financial updates on the business every quarter would seem to break down that all.

And he belongs to a family that has a great respect and faith in walls.