U.S. President-elect Donald Trump speaks during a news conference in the lobby of Trump Tower in Manhattan, New York City, U.S., January 11, 2017. REUTERS/Lucas Jackson
WASHINGTON (Reuters) - U.S. President-elect Donald Trump said on Wednesday he is separating himself from his global business empire by transferring his assets into a trust and putting his two oldest sons in charge, an arrangement that watchdogs said was inadequate to prevent potential conflicts of interest in office.
At a news conference, Trump said he would resign from all positions overseeing hotels, golf courses and hundreds of other businesses to help ensure that he will not consciously take actions as president that would benefit him personally.
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