If there is a benefit, it allows executives to diversify out of their own stock. But if they want to cash out and buy a house, for example, they will pay the full tax bill. Some, like Steven T. Mnuchin, the nominee for Treasury secretary, may actually lose money on some of the assets they have to sell because their holdings are in illiquid assets, like private equity funds, that have to be offloaded at a discount.

Of all the potential conflicts of interest that Mr. Trump and his cabinet picks may present, the tax treatment they receive in this instance is not one of them, Mr. Sorkin writes.

Quotation of the Day

“What we are seeing now is, after the initial chaos of the Trump transition, that his nominees are now complying with the requirements of the law.”

— Norman L. Eisen, former chief White House ethics lawyer under President Obama. Jared Kushner, who will become senior White House adviser to his father-in-law, Donald Trump, plans to sell some of his real estate holdings and other assets. Mr. Eisen said that his decision to divest raised pressure on Mr. Trump to follow suit.

Executive Trip Helps F.B.I.

It is a rare feat for the F.B.I. — arresting an overseas corporate executive accused of wrongdoing.

But they were able to do it on Saturday when Oliver Schmidt, an executive at Volkswagen, traveled to the United States. They swooped in on him as he prepared to leave Miami International Airport for Germany, according to law enforcement officials familiar with the case.

Mr. Schmidt played a central role in covering up Volkswagen’s diesel emissions cheating, according to an affidavit from an F.B.I. officer that was unsealed on Monday.

The case against him sheds more doubt on Volkswagen’s assertions that top executives did not understand the full scale of wrongdoing at the company until September 2015. Mr. Schmidt briefed executives in detail months earlier, in July, according to the criminal complaint, filed in federal court in Michigan.