Donald Trump is postponing a news conference designed to announce plans on how to handle his business interests amid concerns that they pose conflict of interest problems for his presidency, Trump transition officials said Monday.
While Trump had said he would speak to the matter on Thursday, aides said he will now wait until January to outline how he would pass control of his company to others….
Ethics watchdogs have repeatedly called on Trump to divest his interests in his far-flung real-estate and branding empire to avoid potential conflicts with his presidency.
“Let’s hope he takes the additional time to do the right thing, follow every president for the past four decades, and divest into a blind trust or the equivalent,” said Norm Eisen, who served as President Obama’s top ethics lawyer and has been among the leading voices calling for Trump to divest.
Eisen has argued repeatedly that Trump’s web of companies with interests from Turkey to India could ensnare the Trump administration in scandal.