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Ivanka Trump Steps Down From Her Company as Husband Becomes Father's Top Adviser

Playing Ivanka Trump Steps Down From Her Company as Husband Becomes Father's Top Adviser

Ivanka Trump will be stepping down from her company but will not be playing a role in her father's administration in Washington, according to reports.

Read: Streep Fighter: Trump Advisor Kellyanne Conway Rips Meryl Over Golden Globes Dis

Donald Trump's eldest daughter has arranged to resign from her roles in the Trump Organization and the Fashion label that bears her name when her father takes the oath of office next week, Vanity Fair reported Monday.

Ivanka, who served as an adviser during the president-elect's campaign and subsequent transition, will not continue in that role, devoting her time to her family instead, Reuters reported Monday.

Her husband, Jared Kushner, was named a senior Trump adviser Monday.

"Jared has been a tremendous asset and trusted advisor throughout the campaign and transition and I am proud to have him in a key leadership role in my administration," Donald Trump said in a statement. 

Read: Inside Ivanka Trump's $5.5 Million D.C. Mansion, Around the Block From the Obamas' Post-White House Digs

Ivanka and her family will be moving into a home in the Kalorama neighborhood of the nation’s capital which will be blocks away from where the Obamas will be moving to after January 20 and is also a short distance from the White House.

Watch: Vice President Joe Biden Tells President-Elect Trump: 'Time to Grow Up, Donald ... Time to Be an Adult'

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