Trump officially resigns from businesses, leaving sons and CFO in charge

President Donald Trump has resigned from his namesake company and more than 400 affiliated entities, a Trump Organization spokesperson told NBC News.

In a statement, the spokesperson, who asked not to be identified, said Trump had transferred title, management and authority of the companies to a trust under the management of his sons Don and Eric and of Allen Weisselberg, chief financial officer of The Trump Organization.

The spokesperson provided a resignation letter dated Jan. 19 and signed by Trump, along with a list of hundreds of companies that he had left.

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