Trump says to leave his business to focus on White House

President-elect Donald Trump said Wednesday that he's leaving his “great business in total in order to fully focus on running the country” in the White House.

The Manhattan billionaire made the announcement on Twitter and said he will hold a formal press conference to discuss it further on December 15.
His tweet said that “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,” Trump wrote on social media, breaking his announcement up into multiple posts. “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!” he continued.
There is no legal requirement to liquidate assets but past US presidents have set aside their business dealings. Mr Trump's rivals have raised repeated concerns this may cause problems in the coming months.

Trump has previously said that he'd leave his business operations to his three eldest children — Donald Jr., Eric and Ivanka, though that wasn't clear from his tweets Wednesday.

However, Reince Priebus, Trump's incoming White House chief of staff, refused to say on MSNBC's Morning Joe whether he was handing the business to his children or putting it into a blind trust, which would place the management of his assets in the hands of other experts.
"I'm not ready to reveal that really," he said, adding Mr Trump had "got the best people in America working on it".