Trump holds first news conference as president-elect

David Shulkin picked to head VA department; Trump to put assets in trust

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NEW YORK - President-elect Donald Trump said he's finally settled on a candidate to lead the sprawling Veterans Affairs department.

Trump said his choice is David Shulkin, who is currently the department's undersecretary for health.

Trump made the announcement at a news conference in New York. He said Shulkin is "fantastic" and will do a "truly great job."

The president-elect focused on veterans' issues during the presidential campaign. He said veterans have been mistreated under the Obama administration and promises to straighten things out.

The VA secretary post was one of two Cabinet posts Trump still has to fill. Agriculture secretary is the other one.

Trump plans to put all his business assets in a trust and hand control of his company to his two adult sons and a longtime business executive to allay concerns about conflicts of interest.

A lawyer who worked with the Trump Organization on the plan said Trump is planning to make the change by Inauguration Day, relinquish control over the Trump Organization and isolate himself from the business.

The lawyer said the company will do no new foreign deals but can pursue domestic ones, and said that the Trump Organization will appoint an ethics adviser to its management team who must approve deals that could raise concerns about conflicts.

The lawyer spoke to reporters before Trump's news conference, the first since his Nov. 8 election, and requested anonymity to discuss details of the plan.

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