Speaking at his first press conference since July, President-elect Donald Trump defended himself Wednesday against unsubstantiated reports that he colluded with Russia to win the presidential election and that Russia possesses incriminating information about him. Trump criticized intelligence agencies for "maybe" releasing that "nonsense," which he said "should have never been written." Trump additionally announced, via his attorney Sheri Dillon, that he is stepping down from all positions in the Trump Organization, a response to concerns over the conflicts of interest that could arise from running both a global corporation and the world's most powerful democracy; Trump will not divest ownership from the company, however. Also Wednesday, Trump reiterated his promise to repeal and replace the Affordable Care Act "simultaneously," and clashed with journalists he accused of reporting "fake news."

Scroll for 5 things you
need to know now