JUST IN: Trump Makes Major Announcement Regarding His Business Plan Once President

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Many Americans are wondering just what president-elect Trump will do with his business empire after he’s sworn in as commander-in-chief in January of 2017.

On Wednesday morning, however, the business mogul took to Twitter to fill the world in on his plan for the following four years.

Trump announced that he will be surrendering control of his multi-billion dollar business empire entirely in order to “fully focus on running the country.”

Taking to his favorite social media platform, Twitter, Trump stated that he will be announcing further details regarding his plans to hand over control of his businesses at a press conference in New York City on December 15th:

‘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..’

According to Trump, the presidency is more important than his businesses:

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

Many have noted the potential conflict of interest that could result from Trump actively remaining CEO of his business empire, so his announcement is hardly a surprise. Regardless, it would be tough for a sitting president to run the country and several businesses simultaneously. That being said, Trump still maintains that the decision was not something he’s required to do under the law, but rather a calculated move to avoid conflict of interest.

And while that all sounds great in theory, it doesn’t necessarily solve the underlying problem. In an article published by POLITICO, former White House ethics lawyer for President Obama, Norm Eisen, pointed out that the announcement does little to handle the concern of a major ethics scandal that could occur, regardless of who runs his businesses.

Feature Image via Getty Images. All rights reserved. Image has been modified from its original form.

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