Today was supposed to be the day. A couple weeks ago, Donald Trump announced that he would hold his first news conference in five months to, at long last, address the mounting concerns over how he would resolve his financial conflicts of interest before he takes office. “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!” he tweeted. “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 the following weeks, some alleged details of those legal documents leaked out. The New York Times reported that Trump would not divest his business, but instead, adhere to a legal strategy that would separate him and his daughter, Ivanka, from the Trump Organization, while handing over responsibilities to his sons, Eric and Donald Jr.. In an interview with Fox News airing over the weekend, Trump reiterated his plan. “I'm going to have nothing to do with it. And I'll be honest with you, I don't care about it anymore,” he said.

And then the president-elect canceled, three days before the big event. “I will hold a press conference in the near future to discuss the business, Cabinet picks and all other topics of interest. Busy times!” he tweeted Monday. “No new deals will be done during my term(s) in office.”

Transition officials explained the delay as a simple logistical issue—the task of nominating a Cabinet and building a government has taken up more time than anticipated. Kellyanne Conway touted it as a reflection of Trump’s incredible accomplishments. “Normally we have politicians moving from political job to political job. In this case, we have a very successful businessman, who’s brilliant and a billionaire, who has assets and holdings all over the globe, and that needs to have a transfer of power through the proper channels,” she said on CNN.

Those global holdings are exactly what are causing concern, particularly because the president-elect has not released his tax returns, which would give the American people a fuller sense of his business dealings. What is known is that the Trump Organization is in the business of making deals—licensing ones, real-estate ones, hotel ones, branding ones—all over the world. The potential for conflicts of interest—either from foreign officials trying to cozy up to Trump or Trump making decisions in office that benefit his children or post–White House life—is obvious and unacceptable.

With Trump now delaying the announcement of his plans until some nebulous future point—presumably before his inauguration on January 20, although given his past history of abandoning promised press conferences, it wouldn’t be a huge shock if this one disappeared, too—Democrats are trying to force his hand.

On Thursday, five Democratic senators announced a bill they plan to release next month that would require Trump to divest assets that could pose a conflict of interest, according to Politico. The bill, put forward by Elizabeth Warren, Dick Durbin, Chris Coons, Ben Cardin, and Jeff Merkley, would require the president-elect to put the proceeds of the sale in a blind trust (the true definition of which does not mean merely handing “business operations” to one’s children, despite what Trump has said). The legislation would symbolically make violations of federal conflict-of-interest rules “a high crime or misdemeanor under the impeachment clause of the U.S. Constitution.”