Trump says he will back away from business to focus on White House

U.S. President-elect Donald Trump arrives at the the main clubhouse at Trump National Golf Club in BedminsterBy Steve Holland and Melissa Fares NEW YORK (Reuters) – U.S. President-elect Donald Trump vowed on Wednesday to step back from running his global business empire to avoid conflicts of interest but gave few immediate details as concern over his dual role mounts ahead of his Jan. 20 inauguration. Trump, a real estate magnate who owns hotels and golf resorts from Panama to Scotland, said he would spell out at a Dec. 15 news conference how he will separate himself “in total” from his worldwide business holdings, which include a winery, modeling agency and a range of other businesses. After Trump won the Nov. 8 election, his company, the Trump Organization, had said it was looking at new business structures with the goal of transferring control to Donald Trump Jr., Ivanka Trump and Eric Trump – three of his adult children who are involved with the company.

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