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Trump says he will reveal plans for his business on Jan. 11

President-elect Donald Trump announced Tuesday that he will be holding a news conference in New York City on Jan. 11 --  just nine days before he is inaugurated -- to detail the future of his businesses.

The news came via Twitter, Mr. Trump’s preferred method of communication: 

This is not the first time Mr. Trump has scheduled a press conference to address the future of his business empire. A press conference was previously scheduled for Dec. 15, almost a month before this new date, but Mr. Trump canceled that press conference three days beforehand, saying his team needed more time to sort out the details.

Trump cancels press conference on business plans

Since his election, Mr. Trump has faced serious questions about who will handle his businesses while he’s in the White House -- and how to avoid the myriad conflicts of interest that could arise when a sitting president owns a business empire.

If Mr. Trump does hold this Jan. 11 press conference, it will be his first since being elected president in November. The president-elect has taken a handful of questions from reporters at gaggles since then, but has not held full news conferences

The press conference will also come the day after President Obama is expected to deliver a farewell address in Chicago, giving Mr. Trump the opportunity to rebut Mr. Obama’s speech.

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