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Trump says he will hand over control of businesses to sons before inauguration

Photo: AP Photo/ Evan Vucci

President-elect Donald Trump announced late Monday night that he would hand over control of his businesses to his adult sons before his inauguration and vowed that the companies would make "no new deals" while he is in office.

In a pair of tweets sent after 11 p.m., Trump wrote: "Even though I am not mandated by law to do so, I will be leaving my businesses before January 20th so that I can focus full time on the Presidency. Two of my children, Don and Eric, plus executives, will manage them. No new deals will be done during my term(s) in office."..

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