Trump ran on the promise that his success as a businessman would translate into a successful presidency. But in the aftermath of the election, Trump has faced pressure to resolve potential conflicts of interest posed by his business dealings. On Wednesday, he explained that his “two sons ... Don and Eric are going to be running the company.” He added: “They are going to be running it in a very professional manner. They’re not going to discuss it with me.”

A lawyer working on Trump’s behalf, Sheri Dillon, elaborated on the set-up: “Through the trust agreement, he has relinquished leadership and management of the Trump organization to his sons, Don and Eric, and a longtime Trump executive Allen Weisselberg. Together, Don, Eric, and Allen will have the authority to manage the Trump Organization, and will make decisions for the duration of the presidency without any involvement whatsoever by President-elect Trump.”

Dillon went on to say that “an ethics adviser will be appointed to the management team” as part of the trust agreement, that “Trump will resign from all officer and other positions he holds with the Trump organization entities,” and that Trump has created “a new position at the Trump Organization: the position of chief compliance counsel, whose responsibility will be to ensure that the Trump businesses are operating at the highest levels of integrity.” Additionally, Trump will “voluntarily donate all profits from foreign-government payments made to his hotels to the U.S. Treasury.” Dillon added: “This way it is the American people who will profit.”

Notably, however, the plans do not meet the criteria that ethics experts have advised: Trump will not sell and fully divest from his business assets or put them into a blind trust. The point of a blind trust is to set up an impermeable barrier between the person placing their holdings into the trust and the person managing the trust. By giving his sons and an employee control over the trust instead, Trump virtually guarantees that the buffer between himself and his business interests will be porous. Trump may insist that his sons won’t discuss the business with him, but there is no way for the American public to know that for certain. With his family members in control of the organization, Trump is far more likely to find out the details of business transactions, even if only inadvertently, as opposed to if he had placed his assets into a blind trust.

In Politico, Eisen, along with Painter and Harvard Law professor Laurence Tribe, outlined criteria by which to judge Trump’s plans to avoid conflicts of interest. The article makes a series of recommendations, including that Trump should “make a clean break from ownership of his businesses, not just operations,” “divest into a true blind trust,” and “use a truly independent trustee, not a family member.”