Donald Trump has postponed a long-awaited announcement on plans for his business interests when he becomes US President.
The President-elect has been under pressure to step away from his sprawling property and licensing empire to avoid possible conflicts of interest.
He had been due to detail his plans on Thursday - in what would have been his first news conference since winning the White House on 8 November.
Mr Trump hinted at his intentions last month when he tweeted: "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."
In a TV interview on Sunday he repeated an earlier suggestion that he will hand day-to-day control of the Trump Organisation to his three older children.
He told Fox News Sunday: "Essentially, I'm not going to have anything to do with the management.
"When I ran, everybody knew I was a very big owner of real estate all over the world.
"I mean, I'm not going to have anything to do with the management of the company. I'm not going to be doing deals at all."
Mr Trump has faced questions over his holdings, which include hotels, golf courses, a business licensing the Trump name for use around the world and royalties from the television show The Apprentice.
No new date has been given for the news conference, but it is due to take place at some point in January.
Spokesman Sean Spicer said the announcement was being delayed so the President-elect could focus on recruiting his Cabinet.
He said: "With so many iconic properties and successful entities, moving the announcement to January ensures the proper protocols are put in place so his sole focus will remain on the country and achieving his ambitious agenda."
Meanwhile, Mr Trump tweeted that he would finally be naming his choice for secretary of state on Tuesday - with ExxonMobil boss Rex Tillerson tipped to replace John Kerry as America's top diplomat.
Mr Tillerson - who has worked closely with Vladimir Putin on oil and gas exploration - could be a controversial nominee at a time when US intelligence sources are accusing Russian hackers of intervening on Mr Trump's behalf during the election campaign.
The top two Republicans in congress - Mitch McConnell and Paul Ryan - have risked the President-elect's wrath by backing calls for investigations into the alleged attacks.
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