Senate Democrats will introduce legislation in January seeking to force the disclosure and divestment of any of President-elect Donald Trump's business interests before he is sworn into office.
The bill also requires that the vice president and cabinet officials and other presidential appointees do the same before assuming their duties.
Sens. Elizabeth Warren (D-MA), Ben Cardin (D-MD), Chris Coons (D-DE), Dick Durbin (D-IL), and Jeff Merkley (D-OR) have all signed onto the legislation that has very little chance of being brought up for a vote in a Republican-controlled Senate that is going to be more focused on rapidly confirming Trump's nominees and repealing the Affordable Care Act at the beginning of the year.
Democrats argue that Trump's vast business interests– which range from connections to foreign governments and international investors in places like Libya, Turkey and China– will affect his ability to lead the country.
"Our President-elect has significantly greater risk of business and financial conflicts of interest than any other president, yet has so far refused to follow the precedent set by previous presidents. To this day, President-elect Trump has refused to address his conflicts of interest," said Coons said in a statement.
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