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Tuesday 13 December 2016

Donald Trump’s sons to run business empire & will make ‘no new deals’ when he takes office




Eric (left) and Donald Jr. (right) will take control of Trump's business empire when he becomes PresidentGETTY
Eric (left) and Donald Jr. (right) will take control of Trump's business empire when he becomes Pres

PRESIDENT-elect Donald Trump has confirmed that two of his seven children

 

will take charge of his enormous business empire when he takes over the White House

Trump confirmed his sons, Eric and Donald Jr., will take charge of the billion dollar business to allow him to devote all his attention to the Presidency.
He added that “no new deals” would take place while he
 was in office, limiting any risks that potential conflict of interests could hinder his position as President.
In a series of tweets, the President-elect revealed: “Even though I am not mandated by law to do so, I will be leaving my businesses before January 20 so that I can focus full time on the Presidency.
“Two of my children, Don and Eric, plus executives, will manage them. No new deals will be done during my term(s) in office.
“I will hold a press conference in the near future to discuss the business, Cabinet picks and all other topics of interest. Busy times!”
In an interview with Fox News on Sunday Trump confirmed: “My executives will run it with my children.
“It’s a big company, it’s a great company, but I’m going to have nothing to do with management.”
A series of tweets on Monday evening confirmed Trump's plans to leave the management of his businesses to his sons TWITTER
A series of tweets on Monday evening confirmed Trump's plans to leave the management of his business
The news comes as Trump confirmed he has pushed back a major news conference where he was expected to announce how he plans to avoid potential conflicts of interests when he becomes President.
The announcement was due to take place on Wednesday but it has been postponed until January in order to give legal advisers more time to establish “proper protocol”.
Sean Spicer, a member of Trump’s transitional team, said: “With so many iconic properties and successful entities, moving the announcement to January ensures the legal team has ample time to ensure the proper protocols are put in place so his sole focus will remain on the country and achieving his ambitious agenda with the help of the world-class cabinet he has built.”
His enormous business empire stretches all over the world and includes golf courses, real estate, several hotels and a range of entertainment and television companies.

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