President-Elect Trump Says He'll Leave Business To Avoid Conflicts Of Interests
NEW YORK - In a series of tweets Wednesday morning, Donald Trump said he’ll leave his businesses to focus on running the country and avoid conflicts of interest.
The president-elect also tweeted that the legal documents to separate him from his businesses are being drafted now.
He also announced he’ll hold a news conference about his decision on December 15th.
I will be holding a major news conference in New York City with my children on December 15 to discuss the fact that I will be leaving my ...— Donald J. Trump (@realDonaldTrump) November 30, 2016
great business in total in order to fully focus on running the country in order to MAKE AMERICA GREAT AGAIN! While I am not mandated to ....— Donald J. Trump (@realDonaldTrump) November 30, 2016
do this under the law, I feel it is visually important, as President, to in no way have a conflict of interest with my various businesses..— Donald J. Trump (@realDonaldTrump) November 30, 2016
Hence, legal documents are being crafted which take me completely out of business operations. The Presidency is a far more important task!— Donald J. Trump (@realDonaldTrump) November 30, 2016
Mr. Trump’s Twitter announcement comes as more questions have been raised about potential conflicts of interest -- given the Constitution’s emoluments clause -- and also clear conflicts of interest.
At least one watchdog group, the Citizens for Responsibility and Ethics in Washington (CREW), has already stated its skepticism about the president-elect’s Wednesday announcement.
Just last week, the president-elect dismissed the potential conflicts of interest his business empire could pose to his presidency.