Panama City

Donald and Melania Trump

Is Donald Trump preparing his exit from The Trump Organization?

At a press conference yesterday to announce a new development in Panama, Mr. Trump wasn't doing most of the talking, despite his propensity for elocution displayed, well, everywhere.

Now settled with model Melania Knauss (whose image graces every corner of Trump Tower) and the proud papa of newborn baby Barron, it seems as though the Donald is bowing out to make room for his other children, Don Jr. and Ivanka, in the family business.

At the event in the atrium of Trump headquarters, a well-spoken Ivanka took the lead in introducing the project. She approvingly nodded her head during each speaker's briefing (even her father's) as if the orchestrator of the show, which she may have well been. The Panamanian partner, Roger Khafif, thanked the young Trump for her efforts in learning about the country and actually visiting Panama.

This isn't the only project that Trump Sr. has taken a back seat on. The largest Trump developments in Chicago and Las Vegas are being headed by Don Jr., who also spearheaded the formation of Trump Mortgage LLC, the Associated Press reported.

In fact, what exactly was the impetus for this AP report? A well planted PR piece or a retirement tip?

Actual development news after the jump.  read more »