Incoming U.S. President, Donald Trump, announced on Tuesday that he would be leaving his businesses before his inauguration on January 20, 2017, to concentrate on the presidency.
Mr. Trump, in his announcement on Tuesday, said his two sons, Don and Eric, would manage them, with other executives.
“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.
According to him, no new business deals would be undertaken by his businesses during his 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,” the president-elect said.
Mr. Trump added that he would hold a press conference on a range of issues bothering on his businesses.
As some of his Cabinet nominees became controversial, the incoming president also promised to address his rationale during the press conference, as well as other issues of interest.
“I will hold a press conference in the near future to discuss the business, Cabinet picks and all other topics of interest.
“Busy times!” he said.
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