Trump tapping Washington, Wall Street veterans for top jobs

As recently as last week, Trump dismissed concerns about his holdings and whether they would present a conflict of interest in running the US government.

As TheWrap previously reported, Trump has a number of potential conflicts of interest, including hotels around the world. A spokesman said giving top economic jobs to Wall Street figures was not inconsistent with that vow.

"On the bright side, at least he's now acknowledged that his involvement in the Trump Organization creates conflicts of interest - or at the very least the appearance of conflicts", said Paul S. Ryan, a political law expert at the watchdog group Common Cause. So far, entrepreneurs who have been president have mostly had a blind trust, an independent fund that takes over the management of their companies in a trustee. Throughout his campaign, Trump was reluctant to say that he would completely distance himself from his business if he took office, though did say he would hand over business operations to his children.

Trump tweeted on Wednesday that he would unveil on December 15 his plans for taking himself "completely out of business operations" before taking office on January 20. But she said that a true blind trust is a must-have.

All 16 Democratic members of the House of Representatives judiciary committee wrote on Wednesday to congressman Bob Goodlatte, the Republican committee chairman, to request hearings on the rules on ethics and conflicts of interest "that may apply to the president of the United States".

"I would put it in a blind trust. Anything else, and he's going to spend four years of his administration getting distracted by these accusations rather than policy".

In addition to mention of his business empire Wednesday morning, the president-elect tweeted out that the Somali refugee responsible for the Ohio State University attack should not have been in the country.

Eric Trump demurred Wednesday when asked for details on how his father would separate himself from his businesses, saying: "You'll hear soon enough". He emphasizes, after all, that he doesn't have to do this. "Only the crooked media makes this a big deal", he tweeted last week.

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Again, in an economic and political environment in which rationing becomes necessary, politically weak groups will be vulnerable. In Massachusetts, without the mandate, projections showed that only a third of the uninsured would be covered, so then-Gov.

"That is not the type of change that Donald Trump promised to bring to Washington - that is hypocrisy at its worst", Sanders and Warren said in a joint statement.

Many leaders in similar situations have turned their assets over to a blind trust.

As president-elect, Trump has quickly raised concerns by mixing business with his public position.

Trump has licensed his name to buildings in far-flung countries, including Azerbaijan, Indonesia, the Philippines, South Korea and Turkey. It's a type of a brand equity that would be hard for him to transfer, although three of his adult children-Ivanka, Donald Jr. and Eric-are Trump Organization executives who carry the name. But then the president-elect enlisted all three to serve on his presidential transition team's executive committee.

"President-elect Trump has spent tens of millions of dollars of his own money because he really wanted to focus on winning this office", Miller told reporters on a conference call.

Trump spent much of his campaign pledging to keep companies like Carrier from moving jobs overseas, but he also dismissed tax incentives and favorable financing deals often used by state officials to keep major employers in their states.

Committing to a December 15 press conference without providing any real detail now is a savvy move by the president-elect: The date falls less than a week before the Electoral College will meet to choose the president.

However, any corporate monitor overseeing Trump's business would not have a judge's backing, only the threat of public embarrassment if Trump refused to cooperate.