The Indicator from Planet Money Mixing family business with US trade policy in Vietnam
31 snips
Jun 17, 2025 A luxury golf course development in Vietnam sparks concerns about ethics and family business ties to U.S. trade policy. The podcast delves into how family dynamics shape business ventures while navigating complex trade regulations. It humorously critiques the loopholes in ethics rules, particularly for high-ranking officials. Vietnam's strategic balancing act amid these challenges showcases its economic resilience, raising questions about the intersection of private interests and government actions in international dealings.
AI Snips
Chapters
Transcript
Episode notes
US Ethics Rules Exception Laughed At
- Jessica Tillitman experienced foreign officials laughing upon learning US ethics rules don't apply to the president and vice president.
- The laughter was not at the US's strong ethics, but at the exception creating a perceived hypocrisy.
Presidents Avoid Conflicts Traditionally
- Most executive branch officials adhere to ethics rules to avoid conflicts of interest or their appearance.
- Presidents traditionally use blind trusts to separate themselves from financial entanglements during their terms.
No Ethics Rules for Top Leaders
- US president and vice president lack formal ethics rules applicable to executive branch employees.
- Theories suggest this grants needed latitude or prevents congressional interference.