President-elect Donald Trump is "not interested" in his business ventures after winning the race for the White House, according to an executive in his organization.
"He's not interested in the company anymore," Michael Cohen, Trump Organization executive vice president, said on CNN's "New Day" Thursday.
"He's interested in fixing America. He wants to make America great again. He wants to put Americans back to work. He wants to fix the economy. He wants to create jobs. And he wants to ensure national security for everyone."
Trump plans to hand control of his organization to his children.
"He's very comfortable with them at the helm and the people that will surround them," he said of Trump's sons, Eric Trump and Donald Trump Jr., and his daughter, Ivanka Trump.
"The children — Don, Ivanka, Eric — they're really intelligent, they're really qualified," Cohen continued. "There's a large executive team that's there, that's been with Mr. Trump decades. That's why he didn't run in 2012. They were younger by four years and they didn't have, I guess, the experience [and] maturity that he felt he wanted to leave a $10 billion company to."
According to Trevor Potter, the former head of the Federal Election Commission, Trump's Washington D.C. hotel is a big conflict of interest.
"You're going to have a situation where the president appoints the head of GSA, and then the president's most visible asset in Washington is potentially subject to negotiation with that person over the terms of the lease and any changes in the lease," Potter told NPR.
Even if he cedes control of his business to his family, that could still create potential conflicts.
"If his daughter or his son-in-law turns up in a foreign capital to negotiate a business deal on behalf of the Trump business, that foreign government is going to certainly think they're doing business with the family of the president of the United States, which indeed they will be," Potter added.
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