US Politics: Trump says he will ‘leave business’ to focus on presidency

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President-elect Donald Trump has announced he is leaving “business in total” to focus on presidency and avoid perceived conflicts of interest.

Mr Trump said next month he’d be enlarging on his strategies at a press conference along with his kids.

He formerly ignored concerns over possible contradictions between the presidency as well as his companies.

There isn’t any legal requirement to liquidate assets but their business transactions have been set aside by previous US presidents.

In a series of tweets on Wednesday, Mr Trump said: “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 total in order to fully focus on running the country in order to MAKE AMERICA GREAT AGAIN!

“While I am not mandated to 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.

“Hence, legal documents are being crafted which take me completely out of business operations. The Presidency is a far more important task!”