Trump says he will remove himself completely from his businesses to focus on the presidency

Trump says he will remove himself completely from his businesses to focus on the presidency

Donald Trump promised Wednesday to ‘remove’ himself from his businesses and said he will announce details in two weeks about how he’ll avoid conflicts of interest when he is president.

Trump used his favorite method of communicating with the public — Twitter — to announce plans for a “major news conference” on Dec. 15 to discuss plans to leave the Trump Organization.

His adult children, whom he has said he will put in charge of the company, will be a part of the news conference.

Trump owns or has a position in more than 500 companies, according to a CNN analysis. That includes about 150 that have done business in at least 25 foreign countries, including Turkey, Qatar and Saudi Arabia.

There have been growing questions about the potential conflicts of interest posed by Trump’s continued business interests and his role as president. A poll by CNN found that 6 in 10 Americans believe Trump is not doing enough to address conflicts of interest.

His tweets said he is not mandated to leave his business by law, but that “I feel it is visually important, as President, to in no way have a conflict of interest with my various businesses.”

Trump also said he is doing so “in order to fully focus on running the country in order to make America great again.” Legal documents are being crafted which take him completely out of business operations, he claimed. “The Presidency is a far more important task!”

While details about his planned separation from the business are not yet known, many ethics government experts have questioned whether simply turning his businesses over to his children does enough avoid conflicts of interest.

 

CNN News

Nigerian Online Newspaper=


follow us on twitter @aljazirahnewsng
Like us on Facebook @aljazirahnewsng

Share This:

Related Posts

Somalia Blasts Death Toll Rises to 45 – Official The death toll from twin car bomb blasts in the Somali capital late on Friday has risen to 45 from the initially reported 18, a senior government official said on Saturday. A security officer from Doorbin Hotel assesses the debris after a suicide car explosion in front of the hotel. Al Qaeda-lin...
NGO Laments N6.5M Debt Owed By Bauchi Women Groups BY ALHASSAN MUHAMMAD BAUCHI Over   six million  naira debt   is hovering   over   women   groups  that benefitted from poverty empowerment scheme of Women Empowerment Initiative(WEIN) based in Bauchi. WEIN programme coordinator, Mrs. Hajara Phisagih who disclosed this during the annual gene...
Dogara Assures Work On Road linking North East To Abuja The Speaker of the House of Representatives, Yakubu Dogara, on Saturday said that work will soon commence on a road which will link the North East region to the Federal Capital Territory, Abuja. Dogara made this public when he visited the the Gangwari Ganye, Alhaji Adamu Sanda, at his palace in Gan...
Bauchi: 3 More LGAs To Attain Open Defecation Free Status By... BY ALHASSAN MUHAMMAD, BAUCHI Bauchi state government says three additional local governments are to attain open defecation free status before the end of the first quarter of this year in line with its determination to replicate the feat Dass Local Council achieved two years ago. The Permane...
Russia calls for ceasefire in Syria With Russia’s backing, the UN Security Council on Saturday unanimously demanded a 30-day ceasefire in Syria to allow for humanitarian aid deliveries and medical evacuations. The resolution demanding the ceasefire “without delay” was adopted as Syrian government forces pounded the rebel-held encla...
17 Children Freed From Prophet’s Home After 3 Months I... A self-styled prophet has been arrested after 17 children were allegedly held captive in his home in Mozambique. Luis Gouveia Inroga said he had recruited the children, aged between nine and 16 years, in November so that they could learn the Bible. However, he also also encouraged them to diso...
Middle age man burnt to dead for snatching phone in Cross Ri... By Edem Umoh, Calabar A middle age man suspected to be a phone thief was burnt to death at Goldie Street, along the University of Calabar (UNICAL) axis by Eastern Highway in Calabar South Local Government area of Cross River State. The incident according to an eyewitness, Fidelis Ekpeyong o...
Anxiety As Armed Cultists Takeover A’Ibom Communities INIOBONG SUNDAY, Uyo   For the people of Etim Ekpo and Ukanafun Local Government Areas of Akwa Ibom State, life has become meaningless in strange places they have relocated following siege in their communities by armed hoodlums suspected to be cultists. For over two years, residents in the troubl...
ISIS plans to attack South Africa – UK Britain has warned of possible attacks by the Islamic State (IS) on foreigners in South Africa, following the kidnap of two British nationals in a small town there. Britain’s Foreign Office (FCO) disclosed on its website that the main threat was from ISIS. In an email to Reuters, the FCO said:...
EFCC ‘investigates APC’s National Working Committee’ Economic and Financial Crimes Commission (EFCC) may have begun beaming its searchlight on how the National Working Committee (NWC) of the All Progressives Congress (APC) led by Chief John Odigie-Oyegun has been spending party funds.The move comes barely four days to the National Executive Committee ...
PDP, Fayose berate FG on Yobe abduction The Peoples Democratic Party (PDP), yesterday, criticised the Federal Government for “misleading Nigerians” with information suggesting security operatives had rescued some of the schoolgirls abducted by Boko Haram in Yobe State. The terrorist group had attacked Government Girls Secondary School ...
Kogi gov in another voter registration controversy Gov. Yahaya Bello of Kogi has triggered a fresh controversy about his status as a registered voter when he obtained a Temporary Voter Card (TVC) at his Okene Ward. The Director-General, Media and Publicity to the Governor, Mr Kingsley Fanwo, confirmed this in a statement he issued and circulated ...
Benue To Host First African Food Festival In Nigeria By Abraham Uwuasom, Makurdi Benue State under the leadership of Governor Samuel Ortom is billed to host the first African Food Festival in Nigeria. The disclosure was made during a courtesy call on the Governor by organisers of the African Food Festival led by Ambassador David Ibrahim. Gove...