Trump: Sons Will Run Business, ‘No New Deals’ During Presidency

U.S. President-elect Donald Trump says he will speak to the press “in the near future” about his Cabinet appointments and his business, which he is leaving in the hands of his sons.

That announcement late Monday on Twitter came days before a now-postponed briefing about how he will separate himself from his business with global interests in order to focus on the presidency and avoid conflicts of interest.  An aide said Monday those details will now be given sometime in January.

Trump wrote that before January 20 — the day he will be sworn in — he will leave his business under management of sons Don and Eric, as well as other executives.  He further pledged “no new deals will be done” during his time in office.

What is not clear is the exact extent to which Trump will remove himself from his companies or what kinds of business actions would fall under that “no new deals” statement.  Legal experts have said the only way for the president-elect to completely avoid conflicts of interest is to sell his global holdings.

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