Economics

Vague Trump Vow to Exit Company Leaves Questions Unanswered

  • He tweeted promise of explanation at Dec. 15th news conference
  • Experts and ethicists say he has many options but few are good

Trump Will Leave Business 'in Total' for Presidency

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Donald Trump’s announcement Wednesday that he will leave his global business empire to focus on the presidency arrived like many of his assertions -- as a series of self-promoting tweets with exclamation marks and no details. His promise to discuss the plan at a news conference with his children on Dec. 15 did little to tamp down concern that it may not be enough.

“If he just turns the management of his business over to his children, the conflicts remain,” said Richard Painter, who was President George W. Bush’s chief ethics lawyer. “He has to make sure no one in government talks about Trump Organization business.”