Trump Vows to Leave Businesses to His Sons to Concentrate on Presidency

“No new deals will be done during my term(s) in office,” president-elect says

Donald Trump Postpones Conflict-of-Interest News Conference

Donald Trump vowed on Monday night that he will leave his businesses in the hands of his sons starting on January 20 so that he can concentrate on his presidency.

“Even though I am not mandated by law to do so, I will be leaving my businesses before January 20th so that I can focus full time on the presidency,” he wrote on Twitter. “Two of my children, Don and Eric, plus executives, will manage them. No new deals will be done during my term(s) in office.”

Daughter Ivanka Trump, who had previously indicated that she would continue working for the privately held Trump Organization, was notably absent from the message.

“I will hold a press conference in the near future to discuss the business, Cabinet picks and all other topics of interest. Busy times!” he concluded in his series of tweets.

Earlier on Monday, Trump’s team had postponed a planned Thursday news conference regarding his plans to disentangle himself from his private business dealings, including his role as executive producer on of NBC’s “Celebrity Apprentice.”

“The announcement has been rescheduled for next month,” Trump’s spokesperson Hope Hicks told TheWrap Monday afternoon.

The delay meant that the Electoral College, which is set to meet on Dec. 19, might vote  before knowing how Trump planned on dealing with possible conflicts of interest surrounding his business dealings.

Last month, Trump announced he would hold a “major news conference” on Dec. 15 “to discuss the fact that I will be leaving my great business in total in order to fully focus on running the country.”

See his latest tweets below.