After much consternation in the media and general public about Trump’s possible conflicts of interest as president, he has announced that he will fully remove himself from his business in order to make sure he does not have any conflicts of interest as commander-in-chief. Early this morning, Donald Trump tweeted that he would be leaving his business “in total in order to fully focus on running the country”. The message was part of a series of tweets, and Trump also announced that “Legal documents are being crafted which take me completely out of business operations. The Presidency is a far more important task!”. He continued, saying “I feel it is visually important, as President, to in no way have a conflict of interest with my various businesses”.
FINSUM: It will be very interesting to see what arrangements he makes in order to ensure he does not have any conflicts of interest. Even if he is out of the operations, if he retains ownership he will still be accused of having vested interests.
Source: Wall Street Journal