President-elect Donald Trump held his first news conference of the year Wednesday morning. Trump took questions from reporters and explained his position in his business while he will be in office. He said he will remove himself completely from the Trump organization. The business will be run by his adult sons. Additionally, the Trump businesses will not be making deals with foreign entities, but domestic deals will occur. Trump also plans to donate all of the profits made from hotels he personally owns to the United States Treasury. This is all to avoid the appearance of any conflicts of interest.