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Thursday, December 1, 2016

Can Trump Remove Himself From Business Conflicts?


Trump says he’s leaving his business ‘in total in order to focus fully on running the country’

 


Trump says he’s leaving his business ‘in total in order to focus fully on running the country’
President-elect Donald Trump (Jeff Kowalsky/AFP/Getty Images)



President-elect Donald Trump tweeted Wednesday morning that he will be leaving his business “in total in order to fully focus on running the country.”
Conflict of interest controversy had been brewing in recent weeks over the billionaire real estate icon holding on to his considerable financial interests as president. Trump previously said he’d give business control to his children upon winning the White House, but critics have said that’s not enough.




It’s been argued that, while Trump has no legal obligation to leave behind his business interests, there’s trouble ahead if he doesn’t — given that the Manhattan mogul is tied financially to operations the world over, and those who hold sway on foreign soil could exploit Trump’s financial entanglements.

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