Eric Trump says he'll share Trump Organization financial reports with his father

Eric Trump, President Donald Trump's son, said he would keep the president in the loop about the Trump Organization's profits, only minutes after denying he would do so.

"There is kind of a clear separation of church and state that we maintain, and I am deadly serious about that exercise," Trump, who serves as a trustee of the Trump Organization with his brother Donald Trump Jr., told Forbes on Friday.

"I do not talk about the government with him, and he does not talk about the business with us."

Though Trump said he had a "steadfast pact" with his father to not talk about business, he contradicted himself minutes later, saying that he would update the president about the Trump Organization's profits.

"Yeah, on the bottom line, profitability reports and stuff like that, but you know, that's about it," Trump said. He further said that these reports would come "probably quarterly."

President Trump has previously said he would distance himself from the day-to-day operations of his business, though he hasn't fully divested his holdings.

Sheri Dillon, a Trump Organization lawyer, said in January that Trump's "access to information" about his business would be "sharply limited."

However, Dillon added that you can't have a "totally blind trust with operating businesses."

"Trump can't un-know he owns Trump Tower," Dillon said, though knowledge of a piece of property is a far cry from quarterly profits reports.

Democratic groups slammed Trump over the comments.

"Trump refused to sell off his business holdings, and now he's breaking his 'blind trust' with 'zero contact' promises to start receiving regular updates on how effectively he's getting rich while sticking it to the American people," Brad Bainum, a spokesperson for American Bridge said in a statement.

"The Trump family continues to violate public trust, shatter ethical norms, and brazenly sell out the American people to profit off of the presidency. The only person winning in Trump's America is Trump, and he's doing it at the country's expense," Bainum added.

The Trump Organization was not immediately available for comment.

RELATED: 17 cities that have the most to lose under Trumpcare

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17 cities that have the most to lose under Trumpcare
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17 cities that have the most to lose under Trumpcare

17. High Point, NC

Average Obamacare Tax Subsidy: $8,544

Average Trumpcare Tax Subsidy: $5,000

Difference in Subsidies: -$3,544

Source: WalletHub

Photo credit: Getty

16. San Angelo, TX

Average Obamacare Tax Subsidy: $8,578

Average Trumpcare Tax Subsidy: $5,000

Difference in Subsidies: -$3,578 

Source: WalletHub 

Photo credit: Getty

15. St. Joseph, MO

Average Obamacare Tax Subsidy: $8,599

Average Trumpcare Tax Subsidy: $5,000

Difference in Subsidies: -$3,599

Source: WalletHub 

Photo credit: Getty

14. Rockford, IL

Average Obamacare Tax Subsidy: $8,662

Average Trumpcare Tax Subsidy: $5,000

Difference in Subsidies: -$3,662

Source: WalletHub

Photo credit: Getty

13. Winston-Salem, NC

Average Obamacare Tax Subsidy: $8,662

Average Trumpcare Tax Subsidy: $5,000

Difference in Subsidies: -$3,662

Source: WalletHub 

Photo credit: Getty

12. Allentown, PA

Average Obamacare Tax Subsidy: $8,714

Average Trumpcare Tax Subsidy: $5,000

Difference in Subsidies: -$3,714

Source: WalletHub 

Photo credit: Getty

11. Greensboro, NC

Average Obamacare Tax Subsidy: $8,819

Average Trumpcare Tax Subsidy: $5,000

Difference in Subsidies: -$3,819

Source: WalletHub 

Photo credit: Getty

10. Asheville, NC

Average Obamacare Tax Subsidy: $9,232

Average Trumpcare Tax Subsidy: $5,000

Difference in Subsidies: -$4,232

Source: WalletHub 

Photo credit: Getty

9. Wichita Falls, TX

Average Obamacare Tax Subsidy: $9,434

Average Trumpcare Tax Subsidy: $5,000

Difference in Subsidies: -$4,434

 Source: WalletHub 

Photo credit: Getty

8. Birmingham, AL

Average Obamacare Tax Subsidy: $9,494

Average Trumpcare Tax Subsidy: $5,000

Difference in Subsidies: -$4,494

Source: WalletHub

Photo credit: Getty

7. Fayetteville, NC

Average Obamacare Tax Subsidy: $9,687

Average Trumpcare Tax Subsidy: $5,000

Difference in Subsidies: -$4,687

Source: WalletHub 

Photo credit: Getty

6. Greenville, NC

Average Obamacare Tax Subsidy: $9,067

Average Trumpcare Tax Subsidy: $4,000

Difference in Subsidies: -$5,067

Source: WalletHub 

Photo credit: Getty

5. Chattanooga, TN

Average Obamacare Tax Subsidy: $10,786

Average Trumpcare Tax Subsidy: $5,000

Difference in Subsidies: -$5,786

Source: WalletHub 

Photo credit: Getty

4. Reading, PA

Average Obamacare Tax Subsidy: $10,149

Average Trumpcare Tax Subsidy: $4,000

Difference in Subsidies: -$6,149

Source: WalletHub 

Photo credit: Getty

3. Syracuse, NY

Average Obamacare Tax Subsidy: $10,398

Average Trumpcare Tax Subsidy: $4,000

Difference in Subsidies: -$6,398

Source: WalletHub

Photo credit: Getty

2. Anchorage, AK

Average Obamacare Tax Subsidy: $12,748

Average Trumpcare Tax Subsidy: $5,000

Difference in Subsidies: -$7,748

Source: WalletHub

Photo credit: Getty

1. Yuma, AZ

Average Obamacare Tax Subsidy: $12,815

Average Trumpcare Tax Subsidy: $5,000

Difference in Subsidies: -$7,815

Source: WalletHub

Photo credit: Getty

Here's the full drop off for the top 17 cities in chart form. 

Photo credit: Business Insider

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