Illinois governor-elect, wife put investments in blind trust

Illinois Gov.-elect Bruce Rauner and his wife Diana say they are putting their assets into a blind trust to avoid conflicts of interest while he is in office.

The multimillionaire businessman made the announcement in a statement Friday. His inauguration is Monday.

The blind trust means the couple will not be involved in decisions regarding their investments. The couple is granting a legal power of attorney to an adviser who will control the funds. They have directed that all gains from investments that have state contracts be donated to charity.

A Rauner spokesman said the trust is the "most ethical and transparent way" for the Rauners to avoid conflicts of interest while he is governor.

Other wealthy politicians have established similar trusts, including former presidential candidate Mitt Romney.

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