President-elect Donald Trump is delaying a planned news conference to discuss the future of his businesses while he serves as president, the Washington Examiner confirmed Monday.

“The announcement has been rescheduled for next month,” Trump spokeswoman Hope Hicks said in an email.

A transition spokesman also told the Examiner the move will give Trump’s legal team “ample time” to make sure that everything is in order for when Trump assumes the presidency on Jan. 20.

“The president-elect had been focused putting a team on a place to enact real change starting on day one,” the spokesman said. “With so many iconic properties and successful entities, moving the announcement to January, ensures the legal team has ample time to ensure the proper protocols are put in place 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.”

A new date for the planned news conference has not been announced.

Trump previously announced on Nov. 30 that he would be holding a news conference in New York City on Thursday to reveal how he would be leaving his business. He has said in the past that he plans to pass control of his business down to his children — Donald Jr., Ivanka and Eric — all of whom serve as executives of the Trump Organization.

“I will be holding a major news conference in New York City with my children on December 15 to discuss the fact that I will be leaving my great business in total in order to fully focus on running the country in order to MAKE AMERICA GREAT AGAIN!” Trump said. “While I am not mandated to do this under the law, I feel it is visually important, as President, to in no way have a conflict of interest with my various businesses. Hence, legal documents are being crafted which take me completely out of business operations. The Presidency is a far more important task!”

Trump also has maintained that he has a legal right to keep his position at the top of the organization, saying that the law is “totally on my side” and that the president legally “can’t have a conflict of interest.”

“As far as the, you know, potential conflict of interests, though, I mean I know that from the standpoint, the law is totally on my side, meaning, the president can’t have a conflict of interest,” Trump told The New York Times in late November. “That’s been reported very widely. Despite that, I don’t want there to be a conflict of interest anyway. And the laws, the president can’t. And I understand why the president can’t have a conflict of interest now because everything a president does in some ways is like a conflict of interest, but I have, I’ve built a very great company and it’s a big company and it’s all over the world.”

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