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


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.