New York attorney general says Trump can't dissolve foundation while it's under investigation

The New York attorney general's office said Tuesday that Donald Trump won't be able to close down his charitable foundation after all.

"The Trump foundation is still under investigation by this office and cannot legally dissolve until that investigation is complete," said Amy Spitalnick, a spokeswoman for New York Attorney General Eric Schneiderman. Trump said over the weekend he would dissolve the Donald J. Trump Foundation, amid criticism from many who believe it will be a conflict of interest once he is inaugurated. Schneiderman launched the investigation several months ago, after The Washington Post reported on the some of the foundation's purchases — including an enormous, $20,000 painting of Trump.

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Catherine Garcia, The Week US

Catherine Garcia is night editor for TheWeek.com. Her writing and reporting has appeared in Entertainment Weekly and EW.com, The New York Times, The Book of Jezebel, and other publications. A Southern California native, Catherine is a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.