New York: US President Donald Trump's daughter Ivanka has reportedly stepped down as a trustee for a fortune set aside for the daughters of Rupert Murdoch, the American media mogul, a media report said.

Ivanka Trump served for several years as a trustee before stepping down in December, sources close to the matter said on Wednesday. Her role highlighted the close ties between Trump's family and the family that controls Fox News Channel, The Wall Street Journal and other news outlets, The New York Times reported.