Commerce Secretary Wilbur Ross “said he would sell all of his remaining stock holdings after the Office of Government Ethics faulted him for continuing to maintain investments — and enter into new ones — that he was required to divest,” the New York Times reports.
“In a strongly worded letter, the ethics office said Mr. Ross’s continued ownership of assets that his ethics agreement required him to divest — and his decision to open short sale positions while serving as Commerce secretary — could have placed him in position to violate criminal conflict of interest laws.”
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