Trump: ‘Leaving My Great Business in Total’

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In an attempt to assuage those concerned about potential conflicts of interest, President-elect Donald Trump announced on Wednesday that he will be completely disinvolving from his business empire in order to focus on his new job, “making America great again” as President of the United States.

“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 great business in order to focus on running the country in order to make America great again,” Trump wrote on Twitter early Wednesday morning.

Trump said that while he’s not required by law to do so that he felt it’s “visually important” to avoid any appearance of a conflict of interest and that the presidency is a “far more important task” than running his businesses.

Democrats will no doubt accept nothing less than a complete selling off of assets to someone other than his family. However, with capital gains taxes being what they are, that proposition seems rather unlikely, especially considering his families deep involvement in the family business.

During the presidential campaign, Mr. Trump promised that his children would be managing his businesses during his presidency.

About the Author

Matthew K. Burke
Matthew K. Burke
A former Washington State U.S. Congressional candidate in 2010, Matthew attended the nation’s first modern day Tea Party in 2009 in Seattle, Washington. He also began writing and blogging that year. Matthew became a Certified Financial Planner in 1995 and was a Financial Advisor for 24 years in his previous life. Matthew was one of the three main writers leading a conservative news site to be one of the top 15 conservative news sites in the U.S. in a matter of months. He brings to PolitiStick a vast amount of knowledge about economics as well as a passion and commitment to the vision that our Founding Fathers had for our Republic.
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