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Trump says he’ll dissolve foundation

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President-elect
Donald Trump said Saturday he will dissolve the Trump Foundation, the
charitable foundation in his name, as part of efforts to untangle
himself of conflicts of interest in the weeks before he is sworn into
office.

Trump said in a
statement he was dismantling the foundation “to avoid even the
appearance of any conflict with my role as President.” He has also said
recently that he will announce steps next month to separate himself from
his business, the Trump Organization, to avoid conflicts of interest as
president of the United States, even though he has repeatedly suggested
such steps are unnecessary.
Trump’s
decision suggests the President-elect is prepared to take some steps to
avoid potential conflicts of interest, but offers little indication
into whether he will employ a similar approach to the
multi-billion-dollar company he has spent decades building.
Trump
on Saturday touted the money the foundation has donated over the years
to veterans, law enforcement and children’s groups and said that he
intends to pursue his “strong interest in philanthropy in other ways,”
though he had not donated to the foundation since 2008, according to the
foundation’s tax records.
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