Donald Trump blasts ‘disgraceful’ Russia claim; cedes control – not ownership – of business

President-elect Donald Trump speaks at a news conference at Trump Tower as family members and Vice President-elect Mike Pence look on. Trump said the manila folders are filled with documents dealing with his plan to remove himself from management of the Trump Organizaiton.

 

NEW YORK — President-elect Donald Trump, holding his first news conference in more than five months, blasted intelligence officials and some media outlets for a “disgraceful” story suggesting that Russia has embarrassing information about Trump.

 

Trump also outlined a plan to remove himself from control, but not ownership, of the Trump organization in an effort to quell concerns about conflicts between his private business interests and his public duty as president. He also said he believes Russia was behind efforts to hack Democratic computers to influence the presidential election — but he quickly added that “I think we’ve also been hacked  by other countries and other people.”

 

The part-time Palm Beach resident spoke to hundreds of reporters for about an hour in the lobby of his Trump Tower in Manhattan. He appeared next to stacks of manila folders that he said were filled with documents dealing with his plan to distance himself from his businesses.

 

Check out MyPalmBeachPost.com later for expanded coverage of Trump’s news conference.

 

CNN reported Tuesday that intelligence officials gave Trump a two-page synopsis of claims that Russian operatives believe they have compromising personal and financial information about Trump. CNN did not report on the allegations themselves, saying they couldn’t be verified, but Buzzfeed.com published 35 pages of the claims.

 

“I think it’s a disgrace that information would be let out. I saw the information, I read the information outside of that meeting. It’s all fake news. It’s phony stuff. It didn’t happen,” said Trump, who said the allegations originated with “a group of opponents who got together, sick people, and they put that crap together.”

 

Later in the news conference, Trump called it “disgraceful that the intelligence agencies allowed any information that turned out to be so false and fake out…That’s something that Nazi Germany would have done and did do. I think it’s a disgrace that information that was false and fake and never happened got released to the public.”

 

Trump called Buzzfeed “a failing pile of garbage” and refused to take a question from CNN’s Jim Acosta.

 

“Not you. Not you. Your organization’s terrible…I am not going to give you a question. You are fake news,” Trump told Acosta.

 

Trump had an attorney, Sherri Dillon, outline steps that she said will “completely isolate him” from management of his business empire. She said the assets and interests of the Trump Organization will be transferred to a trust headed by Trump’s adult sons, Don Jr. and Eric, and a longtime Trump Organization executive. The trust won’t engage in any foreign deals, Dillon said, and any domestic deals will require written approval from an ethics adviser.

 

But Trump will continue to have an ownership interest and critics, including the Democratic National Committee, immediately said Trump’s plan doesn’t go far enough.

 

“Donald Trump’s plan allows the incoming President of United States to be bribed by anyone in the world who wants to secretly funnel money to the Trump family,” said DNC spokeswoman Adrienne Watson.

 

 

 

 

 

 

 

 

 

 

 

 

 

 


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