Donald Trump to leave his business empire to focus on US presidency

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Donald Trump has said he will leave his "great business" in the hands of others in order to focus on running the US as president.

In a series of tweets, Trump said legal documents are being drafted to "take me completely out of business operations", adding: "The presidency is a far more important task."

The president-elect has faced questions over the potential for a conflict of interest between his role in the White House and his business empire.

He added on Twitter: "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!"

Trump Tower
(Richard Drew/AP)

In a sign that Trump is strengthening Washington's ties to Wall Street, he has nominated former Goldman Sachs banker Steven Mnuchin as treasury secretary.

Billionaire Wilbur Ross, another ex-banker, has been nominated for commerce secretary.

Trump's vast array of business interests takes in property, hotels and golf courses.