. >> woodruff: keneth gross, how clear are the rules and the laws that apply to the president?well, what's clear is that the domestic conflict of interest side was not apply to the president, that's the letter of the law. what the ethics surrounding a president and what the conventions say he should be doing is a very different thing. the emole youment's clause which is the gift provision in the constitution is alive and well and does apply but the application of that is not so clear. you know, what sort of foreign corporations would come into play? are they owned by a foreign government and is what an emollument? is it a payment or is it a commercial transaction? there are issues of interpretation as well. >> woodruff: richard painter, what do you say donald trump needing to do in order to remove any question of a conflict of interest, given his significant and widespread holdings? >> well, i think the first step to make sure that he complies with the constitution, and he does need to address the emoluments issue, and i suggested to his transition team that they ought to have