Donald Trump Tweets He’s Leaving His Business to Focus on Presidency

Trump’s businesswoman daughter Ivanka joined her father’s telephone call with Argentine President Mauricio Macri earlier this month and attended a meeting with Japanese Prime Minister Shinzo Abe, raising questions of possible conflicts of interest.

As president, Trump should have a blind trust – an independent manager to oversee his holdings while he governs behind a veil of ignorance.

Trump did not provide any details about how he planned to separate from his businesses, though he said legal documents were being prepared.

Asserting that the presidency is far more important than anything else, USA president-elect Donald Trump today said he would hold a news conference on December 15 to announce that he would be leaving his “great” multi-billion business over concerns of conflict of interest. It’s a type of a brand equity that would be hard for him to transfer, although three of his adult children-Ivanka, Donald Jr. and Eric-are Trump Organization executives who carry the name.

Trump had been under criticism for exposing himself to potential conflicts if he kept a role in his global business while being president. We’ve never before had a pure businessman/non-politician elected president, and because it has now happened for the first time people are screaming about all the terrible conflicts of interest because Trump has profit-earning interests that could butt up against the interests of the federal government or, theoretically, the nation.

“Prior to the election it was well known that I have interests in properties all over the world”.

Nigel Farage, former leader of Britain’s anti-EU right-wing party, says he and President-elect Donald Trump wouldn’t have achieved their goals without social media. That alone won’t satisfy bipartisan critics, who want him to move his assets to a blind trust and establish a firewall between children involved in Trump family businesses.

Next Page: What Reince Priebus had to say about this announcement.

“My company is so unimportant to me relative to what I’m doing, cause I don’t need money, I don’t need anything”, Trump said. Maryland Senator Ben Cardin has introduced a resolution requesting that Donald Trump hand over control of his business to someone who does not have a relationship with him while he is president. Anyone who didn’t immediately see the problems inherent within Trump’s business interests, foreign and domestic, should never have been in the running for the presidency.

After World War II, Trump’s father Fred, the descendant of German immigrants, had already built a real estate business in NY in developing low and middle-income housing. “But now they’re ready – Ivanka and Don and Eric”. Many even believed that, once he takes the oath of the oval office, he is going to make a new acquisition – merging his business with America’s economic policies. USA manufacturing firms have struggled in the past year as a stronger dollar has cut into exports and US businesses have spent less on machinery and other equipment.

Indeed, nowhere is this more evident than Scotland where Donald Trump was until recently an ambassador for Scotland until his major fallout with the SNP government. He refused to release his taxes during the campaign, citing an ongoing audit, and will be under no legal obligation to do so in the White House. He will be the first president not to have held elected office or a position in the military.

But back in Washington DC, sitting about one mile from the White House, is the Trump International Hotel, inside a former post office building.