President-elect Donald Trump has postponed plans to announce how he’s moving forward with removing himself from his businesses, reported Bloomberg. Senior Trump transition officials said the announcement has been pushed back because the president-elect has been primarily picking his cabinet—that is, when not tweeting about Broadway show "Hamilton," Saturday Night Live!, and the media.
According to the senior officials, while no date has been set for the postponed news conference it will happen before Trump’s inauguration Jan. 20. Trump’s spokesperson Hope Hicks confirmed the postponed press conference, saying, "The announcement has been rescheduled for next month," according to CNN’s Dylan Byers.
Last month, Trump tweeted that he would leaving his business so that there would be no “conflict of interest” between his role as a businessman and his duties as president. At the time Trump said there was going to be news conference for the announcement Dec. 15 (this Thursday.)
I will be holding a major news conference in New York City with my children on December 15 to discuss the fact that I will be leaving my ...— Donald J. Trump (@realDonaldTrump) November 30, 2016
great business in total in order to fully focus on running the country in order to MAKE AMERICA GREAT AGAIN! While I am not mandated to ....— Donald J. Trump (@realDonaldTrump) November 30, 2016
do this under the law, I feel it is visually important, as President, to in no way have a conflict of interest with my various businesses..— Donald J. Trump (@realDonaldTrump) November 30, 2016
Officials backed up their claim that Trump’s been focused on selecting the presidential cabinet by saying Trump would reveal his pick for secretary of state as soon as tomorrow. This information was confirmed by Trump in a tweet Monday night.
A Bloomberg analysis in July reported Trump’s assets total $3.6 billion with $630 million in debt across more than 500 companies. Trump’s “golf developments, tenant rosters, loans and licensing arrangements” would create the previously mentioned conflicts of interest with 20 countries.
According to a Bloomberg national poll, two-thirds of U.S. adults agreed Trump needs to give up his business for his presidential duties, while 69 percent said selling the business was too much to ask of Trump to avoid conflicts of interest.