Trump Will Delay Announcement on Future of His Business

After saying late last month he would leave the business operations of his corporation upon taking office, President-elect Donald Trump reportedly will delay a planned public announcement with details of what he’ll do with his business operations. Trump’s press conference, planned for later this week, will occur next month, according to Trump transition sources who spoke with Bloomberg News.

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President-elect Donald Trump is postponing until next month a previously announced news conference to outline how he’ll handle his far-flung business operations while in the White House, according to senior Trump transition officials. Trump had planned to make the announcement Dec. 15 but wants more time because he’s been occupied with filling out his cabinet and top administration posts, according to the officials, who spoke on condition of anonymity to discuss internal deliberations. He’s preparing to reveal his choice for secretary of state as soon as Tuesday, they said. The president-elect has consulted various legal specialists as well as Don McGahn, his pick for White House counsel, about how to deal with his organization, the officials said. A new date for the announcement hasn’t been set, but it will be before his inauguration on Jan. 20, they said.

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