Giuliani: Business rules don't apply to president

There’s no need for President-elect Trump to set up a blind trust to run his business while he is in the Oval Office, one of the top men on his presidential transition team said Sunday.

Rudy Giuliani, the vice chair of the presidential transition team, said on CNN’s “State of the Union” that laws requiring an independent entity to run a business to ensure political decisions are not made to further one’s personal wealth do not apply to the president. The best solution, he said, is for Trump’s three oldest children to continue running the business while some legal document requires that the president himself not be involved.