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President-elect Donald Trump responded early Saturday on Twitter to rumors that he would be juggling his White House duties with "The New Celebrity Apprentice" production.

Earlier this week, a spokeswoman for series creator Mark Burnett said Trump would retain an executive producer credit on the NBC reality series.

Trump tweeted that he will have "nothing to do" with production of the program, save for the fact he and Burnett "have a big stake in it", and that a CNN report to the contrary was "fake news".

Trump's successor as host, former Gov. Arnold Schwarzenegger (R-Calif.) told the Associated Press that Trump's continued association with the program is pretty normal.

Schwarzenegger said he had a similar situation when he served as governor of California while retaining association with the "Terminator" franchise: 

"I think this is a contract that he had and I think it's great that he was part of it," Schwarzenegger said.

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