Trump says he’ll remove himself from business interests; announcement set for next month
WASHINGTON — President-elect Donald Trump announced plans Wednesday to leave his various business interests behind so he can concentrate on his duties as president.
Trump sent a series of tweets Wednesday morning saying he planned a “major news conference” with his children on Dec. 15 to discuss the matter.
4 Fast Facts
- Donald Trump says he’ll leave various business interests behind
- President-elect said he wants to avoid any conflicts of interests
- The move will allow him to concentrate on his duties as president
- He’ll hold a news conference on Dec. 15 to discuss the matter
Trump said he will “be leaving my great business in total in order to fully focus on running the country in order to MAKE AMERICA GREAT AGAIN!”
The president-elect said he’s not obligated to do that but feels it is “visually important, as President, to in no way have a conflict of interest with my various businesses.”
He wrote that legal documents were being drafted that would take him “completely out of business operations” and called the presidency a “far more important task.”
Trump made the announcement as he prepares to introduce his economic team. He’s tapped Steven Mnuchin, his top fundraiser and a former Goldman Sachs banker, as Treasury secretary. Billionaire investor Wilbur Ross is expected to become his Commerce secretary.
Also this week, Trump announced that Georgia Rep. Tom Price would run the Department of Health and Human Services and Elaine Chao would head the Department of Transportation.