During his press conference, it was announced that President-elect Donald Trump would be leaving his business in the hands of his children in order to avoid any potential conflicts of interest.
Sen. Elizabeth Warren(D-Mass.) said that she was not happy with Trump’s decision. The senator, who has a long-running feud with Trump, says the president-elect is not doing enough in order to avoid any potential conflicts of interest that might arise from his vast business holdings.
Speaking to Bloomberg TV, Warren said that, rather than reassuring her, the announcement made her more worried about Trump than she had previously been. She urged the president-elect to place his business in a blind trust.
‘I’m more concerned now than ever, because he’s not moving where he needs to move. And that is, we need to have him divest. He needs to get rid of his business interests, and he needs to put them in what’s called a blind trust.’
Even prior to his electoral victory, people questioned Trump regarding potential conflicts of interest. Those calls have only intensified in the months since the election. Lawmakers, attorneys, and reporters have all urged Trump to sell off his assets and place them in a blind trust, but, today, it was made clear that would not happen.
Speaking on Trump’s behalf, Washington-based attorney Sheri Dillon said that Trump’s team does not believe that a blind trust is a realistic way to handle his real-estate empire.
‘Some people have suggested a blind trust, but you cannot have a totally blind trust with operating businesses. President Trump can’t un-know he owns Trump Tower and the press will make sure that any new developments at the Trump Organization are well publicized.’
Warren did not agree with Dillon’s asserting arguing that Trump owed it to the American people to ensure he acts in their best interests.
‘This is not a Democrat versus Republican. This is the difference between being on the private side, and you get to get out there and make money and advance your business interests, and becoming a public servant.’
Despite Warren’s words, it’s unlikely that Trump will adjust his stance on this issue. His reluctance to make use of a blind trust has been one of the few areas in which he has been relatively consistent.
For more information, you can see Trump’s press conference below:
Featured image via Getty Images.