He made this known in a series of Tweets on Wednesday. The real estate mogul twitted:
I will be holding a major news conference in New York City with my children on December 15 to discuss the fact that I will be leaving my great business in total in order to fully focus on running the country in order to MAKE AMERICA GREAT AGAIN!
While I am not mandated to do this under the law, I feel it is visually important, as President, to in no way have a conflict of interest with my various businesses.
Hence, legal documents are being crafted which take me completely out of business operations. The Presidency is a far more important task!