Published: Sun, December 04, 2016
USA | By Yvette Dunn

Trump says he will leave business to run presidency


President-elect Donald Trump has built an worldwide property management, real estate and branding business around his name.

President-elect Donald Trump's choice for his Health and Human Services secretary supports the right of companies to fire women for using birth control or having an abortion.

USA law does not require Trump to give up his business portfolio, although the Constitution states no federal official can receive a gift or "emolument" from a foreign government.

Syndicated columnist Charles Krauthammer, one of Donald Trump's earliest detractors, is now finding a great deal to like about the president-elect.

Concerns about potential conflicts of interest in domestic and foreign affairs have swirled around the billionaire ahead of his January inauguration.

Most did it within the first three days following their election.

Yet Mr Trump said he would not be announcing the details of the legal process that will "take me completely out of business operations" until December 15.

Authorities on government ethics and law say that's not enough.

Mnuchin's appointment is widely seen as a reward for taking Trump's side at a time when numerous Republican Party's major donors, such as the billionaire Koch brothers, had shunned him.

Past presidents have routinely placed their liquid assets, including stocks and bonds, into blind trusts. Priebus demurred when asked if Trump planned to put his businesses in a blind trust - as presidents have traditionally done - or leave them in his children's hands. After his election in 1976, Carter set up elaborate arrangements to remove himself from the family peanut business, its management and knowledge of day-to-day decisions.

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Twitter reportedly is not ruling out the possibility of banning President-elect Donald Trump from the social media platform if his online conduct gets too unruly.

The President-elect will arrive in OH from in where he highlighted the deal he made with Carrier, a heating and air conditioner firm to save 1,000 jobs that had been set to move to Mexico - fulfilling a campaign promise.

"We're making sure that all those conflicts are taken care of", Priebus said.

Trump, who was elected as the 45th president of the U.S. on November 8, will be sworn in on January 20. "We would be faced with a very hard financial decision, potentially".

The emphasis on "business operations", not on ownership, hinted that Trump was not ruling out retaining a financial stake in the Trump Organization or putting his children in control of the company. But any determination that he needed to sell the lease entirely could lead to lengthy negotiations that would nearly certainly take longer than the seven weeks left before Mr Trump is scheduled to take the oath of office.

Legum also pointed out that Trump never actually explicitly stated that he was selling his company, Trump Organization. She was the first Asian-American woman to serve in a president's Cabinet, as labor secretary under George W. Bush. He vowed to leave the Trump Organisation "in total" to focus on running the country from the White House.

Concerns persist that Trump's adult children, who are advisers to their father and executives in his corporation, will continue blurring lines of interest between the White House and Trump Tower.

In the past few weeks, Trump has allowed Ivanka, his executive vice-president of development and acquisitions, to join his meeting with Shinzo Abe, the Japanese prime minister.

"We need to look at the whole picture because we're still going to have a lot of uninsured people", Sharper said.

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