President-elect Donald Trump holds first news conference in months

President-elect Donald Trump held a news conference in New York Wednesday morning, taking a range of questions for the first time in months.



The conference came after a tumultuous 24 hours for him with the allegations that Russian operatives have compromising personal and financial information about him.



The president-elect says he will repeal and replace the Affordable Care Act, without giving any details except that his plan is "better."



He says Mexico will in some way "reimburse" American taxpayers for the cost of building a wall, but did not say how that would happen.



He also took on concerns about conflicts of interest with his business, saying he can't sell them off because it would destroy their value.



But he is working to isolate himself from the businesses.



As for intelligence reports on unverified documents about his dealings with Russia, he says they are "phony" and it's a "disgrace" they were leaked.



Intelligence officials presented Trump with classified, but unverified documents last week.



Trump slammed the documents, saying they came from a group of opponents and reports are false that Russia was holding information to compromise him.



In response to a graphic rumor published there about Russian hookers, Trump said he's a "germaphobe."



The president-elect also acknowledged he does not believe Russia participated in hacking during the campaign, along with others.



But Trump did say the hacking revealed information about the Clinton campaign that was shocking.



Trump appeared with a lawyer who discussed conflicts of interest in relation to the presidency.

His lawyer said he is building a wall between himself and the Trump organization, and no international deals would be entered into.



Trump said this week he was offered $2 billion to do a deal in Dubai, which he turned down.

His lawyer said he will donate all hotel profits from foreign entities to the U.S. treasury during his time in office.


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