The President-elect of the United States, Donald Trump, says he will leave his business empire to focus on the presidency and avoid perceived conflicts of interest.
Mr Trump gave few details about the plan on Twitter but said he would expand on his plans at a press conference next month.
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 …
— Donald J. Trump (@realDonaldTrump) November 30, 2016
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 ….
— Donald J. Trump (@realDonaldTrump) November 30, 2016
In other tweets that followed he said legal documents were being crafted which would take him completely out of business operations.
“The Presidency is a far more important task!” he wrote.
In campaigns and debates leading to the polls, Mr Trump dismissed concerns over potential conflicts between his businesses and the presidency.
Meanwhile, former Goldman Sachs executive Steven Mnuchin confirmed he had been picked as treasury secretary.
Billionaire investor Wilbur Ross has been chosen for commerce secretary.
