Trump cancels press conference on business interests

The announcement won't come until January

New York /
Dec.December 13, 2016 08:30 AM

President-elect Donald Trump is holding off on revealing his plans for his businesses once he takes office.

Tump TRData LogoTINY canceled a press conference planned for Thursday where he was expected to discuss potential conflicts of interest issues between the White House and the Trump Organization, the Wall Street Journal reported. The conference is expected to be held sometime next month but has not yet been rescheduled.

“The president-elect has been focused on putting a team in place to enact real change starting on day one,” Sean Spicer, Trump spokesperson, said in a statement. “With so many iconic properties and successful entities, moving the announcement to January ensures the legal team has ample time to implement the proper protocols so his sole focus will remain on the country and achieving his ambitious agenda with the help of the world-class cabinet he has built.”

The announcement would’ve been his first press conference since July 27.

Trump’s plans for his company are not yet clear. Previous reports have indicated that he’s considering a “legal structure” that would allow him to separate himself from the company without a complete divestiture. The Office of Government Ethics has urged him to divest his businesses. On Nov. 30, Trump wrote on Twitter that he would be leaving his ” great business in total” even though he isn’t required to by law. In the December issue, The Real Deal explored Trump’s various potential conflicts[WSJ]Kathryn Brenzel 


Related Articles

arrow_forward_ios
Make Greenland Great Again? Trump wants to buy Arctic territory
Make Greenland Great Again? Trump wants to buy Arctic territory
Make Greenland Great Again? Trump wants to buy Arctic territory
Hamptons’ priciest summer rental to host MAGA extravaganza next month
Hamptons’ priciest summer rental to host MAGA extravaganza next month
Hamptons’ priciest summer rental to host MAGA extravaganza next month
From left: Sam Zell and Douglas Eisenberg along with 160 Riverside Boulevard (Getty Images, A&E Real Estate, Google Maps, iStock)
A&E nears $400M deal for another of Zell’s former Trump Place buildings
A&E nears $400M deal for another of Zell’s former Trump Place buildings
From left: Michael Dell, Alex Rodriguez and Donald Trump along with the Trump Hotel in Washington, D.C. (Getty Images, The Trump Organization, iStock)
Firm that manages Michael Dell’s wealth finances deal for Trump Hotel
Firm that manages Michael Dell’s wealth finances deal for Trump Hotel
Donald Trump, Brett White, and Letitia James with 40 Wall Street (Getty, Cushman & Wakefield, 40 Wall Street, iStock)
Cushman pushes back on subpoena in Trump property probe
Cushman pushes back on subpoena in Trump property probe
A photo illustration of prominent guests  at the Witkoff wedding (via Instagram)
Nuptials Mar-a-Lago style: Donald Trump, Don Peebles, Barry Sternlicht among real estate elite at Witkoff wedding
Nuptials Mar-a-Lago style: Donald Trump, Don Peebles, Barry Sternlicht among real estate elite at Witkoff wedding
Judge Arthur Engoron, Cushman & Wakefield's Brett White, former U.S. president Donald Trump (LinkedIn, Getty Images, Illustration by Kevin Cifuentes for The Real Deal)
Judge says Cushman failed to properly value Trump properties
Judge says Cushman failed to properly value Trump properties
Former president Donald Trump, Cushman & Wakefield's Brett White and Attorney General Letitia James with 40 Wall Street (Getty, Cushman & Wakefield, ChrisRuvolo Public domain via Wikimedia Commons, iStock)
Cushman must play ball in Trump property probe: judge
Cushman must play ball in Trump property probe: judge
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...