Donald Trump says his sons will run his businesses during his presidency, but there will be “no new deals”.
After delaying an announcement on how to handle his business interests, he took to Twitter to disclose he would hold a news conference in the near future.
Presidency. Two of my children, Don and Eric, plus executives, will manage them. No new deals will be done during my term(s) in office.
— Donald J. Trump (@realDonaldTrump) December 13, 2016
I will hold a press conference in the near future to discuss the business, Cabinet picks and all other topics of interest. Busy times!
— Donald J. Trump (@realDonaldTrump) December 13, 2016
The US president-elect was due to hold a rare press conference on the matter on Thursday.
He has also confirmed the chief executive of Exxon Mobil, Rex Tillerson, as his choice for US Secretary of State.
Mr Trump praised Mr Tillerson as being among the “most accomplished business leaders and international deal-makers” in the world.
I have chosen one of the truly great business leaders of the world, Rex Tillerson, Chairman and CEO of ExxonMobil, to be Secretary of State.
— Donald J. Trump (@realDonaldTrump) December 13, 2016
Mr Tillerson is said to have a good relationship with Russian President Vladimir Putin, alarming both Democrats and some Republicans.
The nomination, however, needs Senate approval.