Donald Trump stated in an interview that his administrators will handle his business empire along with his children and that his real estate business will have no effect in his rule or the affairs of the white house. The President-Elect has stated that he will leave control over time however he never said that he would completely separate himself from the business.
He has made it clear during an interview that he won't be involved in any his personal business deals. He had mentioned that everyone knew about his huge business even before he decided to run for president.
The future president said that he rejected seven big deals with a big player last week because it might have an effect on his legal affairs.
Ever since he has been elected as a president, government's lawyers have been trying to force Trump to sell his vast estate that contains roughly 500 companies in more than dozen states, according to The Guardian.
They say that he should invest the money somewhere else as to avoid conflicts that might take due to the conflict between his personal interests and his obligations as the president of United States of America.
Trump holds an ownership of golf clubs, office towers and properties in some countries as well as lease deals on hotels and restaurants.
Deutsche Bank, who are one of the Trump's lenders, are already arranging the deal, and talk is being held in its place in the mortgage blowup that initiated the 2008 financial crises. Setting up blind trusts is not a necessity that President has to follow however in the case of Trump he might have to set up a blind trust as he gave no security that he will sell his company assets. When asked about his children he denied their interference in the legal matters and said that they are not the president of USA.
