Donald Trump on Wednesday morning claimed he will formally leave the Trump Organization, but offered no details on how the separation will work, who will be in charge or whether conflicts of interest can be fully avoided.
“Legal documents are being crafted which take me completely out of business operations,” he wrote on Twitter. “The President is a far more important task.”
Trump [TRDataCustom] wrote he will hold a news conference on the subject on December 15 with his children. He also claimed that he is leaving the company because it is “visually important” to not have conflicts of interest, but wouldn’t say whether he will put his children in charge.
Trump has previously said he plans to do so, but the move could create conflicts of interest: his three oldest children, Ivanka, Donald Jr. and Eric, are reportedly close advisors and also serve on his presidential transition team.
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