>> The palatial Trump International Hotel, in Washington DC, the latest focal point as a conflict of interest concern for Donald Trump, as he prepares to take office January 20th. Maryland representative Elijah Cummings, and three other congressional Democrats on Wednesday, issuing a public letter. Saying the General Services Administration, which manages the property, has concluded Trump will be in violation of the building's lease the moment he's sworn in.
Due to a clause that bars elected officials from sharing any part of the lease. Reuters correspondent, Ian Simpson is following the story.>> The General Services Administration is the property arm of the U.S. government. So, Donald Trump automatically, by becoming president, would be both the person leasing it, and the person who it is being leased to.
The GSA holds the lease, because the hotel is housed in government property. An old post office that Trump paid $200 million to refurbish, opening the lavish hotel last month.>> Under budget and ahead of schedule, that's what we did.>> It has also served as a flashpoint for anti-Trump protesters, who spray painted it with graffiti after his win.
One clear solution for Trump is to divest his interest in the property. Though the GSA has stopped short of saying Trump must do this, and wants more information. Trump has said that he will turn his businesses over to his two adult sons, but has not detailed his plans.
A press conference to do so was scheduled for Thursday, then scraped with Trump saying he'll now align his plans in the near future. Reports say that will come before he takes oath, perhaps a good thing given that hotel's prominent location.