Donald Trump assumed before being elected that "you'd have to set up some type of trust or whatever" as president, he told the New York Times (NYT) . You don't, as it turns out, but he "would like to do something."
The president-elect discussed a wide range of topics in a more than on-the-record meeting with the Times on Tuesday. The encounter came after early-morning confusion as to whether such a gathering would take place. Trump talked about the Middle East, the First Amendment and Breitbart News in the more than hour-long sit-down. He vaguely addressed growing concerns regarding his business entanglements and blurred lines between his business empire and presidential duties.
"In theory I could run my business perfectly and then run the country perfectly. There's never been a case like this," he said.
He made a similar assertion on Twitter Monday evening.
Prior to the election it was well known that I have interests in properties all over the world. Only the crooked media makes this a big deal!— Donald J. Trump (@realDonaldTrump) November 22, 2016
Trump announced after his election that he would transfer the management and portfolio of his Trump Organization to his three eldest children, Donald Jr., Ivanka and Eric Trump. Trump attorney Michael Cohen in an interview called the setup a "blind trust," which experts say it is not.
The real estate magnate said on Tuesday he could continue signing checks at the Trump Organization but is "phasing that out now" and giving the business to his kids. "If it were up to some people, I would never, ever see my daughter Ivanka again," he said.