While many of Hollywood's elite - including Madonna - are defending Rosie O'Donnell in the Donald Trump feud, the businessman's daughter has come to his rescue.

In an interview with PEOPLE magazine, the stunning blonde real estate developer says that she stands by her father.

Of the feud, which began after O'Donnell made comments about The Donald on "The View" regarding his handling of the Miss USA underage drinking allegations, she said, "I defend my father when I think he's right - and in this case, I do. But people are obsessed with this story!"

The doting daughter, who is vice president of development and acquisitions with her father's company, even goes as far as defending Trump's often-criticized hair.

Of her father's hair, Ivankasaid, "Maybe I'm just used to it, but I love his hair! I've heard all sorts of crazy things, but I can verify with complete conviction that it's not a hairpiece. It is what it is!"

Ivanka also revealed that she has turned down various television series that have been offered to her, including "The Bachelorette," preferring to concentrate on business rather than become a TV star like her father.

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