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Trump says he'll turn over company to sons but falls short of eliminating ethics issues

Joseph Tanfani, Tribune Washington Bureau on

Published in News & Features

She said Trump will resign from all positions with his corporations and not get any information about how individual properties are doing -- just a general profit and loss statement.

The Constitution prohibits U.S. officials from getting payments from foreign powers, in what's known as its emoluments clause. Dillon said Trump will donate any profits from foreign governments to the treasury.

Trump himself noted that there is nothing in the law that says he cannot continue to run his company because conflict-of-interest laws don't apply to the president. "I don't like the way that looks, but I could do it if I wanted to," he said.

Amid a storm of questions about his ties to Russia, Trump insisted he had no business dealings there.

"I have no deals in Russia, I have no deals that could happen with Russia and I have no loans in Russia," Trump said. "We could make deals in Russia very easily. I just don't want to, because I think that would be a conflict."

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