Group requests Department of Transportation investigate Chao's potential conflicts of interest

Source: The Hill | June 17, 2019 | Chris Mills Rodrigo

The nonpartisan oversight group Restore Public Trust on Monday requested that the Department of Transportation (DOT) Inspector General investigate Transportation Secretary Elaine Chao over potential financial conflicts of interest.

When appointed by President Trump in 2017, Chao promised to divest from paving-materials company Vulcan Materials Co.

However, reports emerged this month that she did not sell her shares in the company until June 3 of this year.

Vulcan’s shares rose more than 16 percent while they were in her possession, resulting in more than $50,000 in earnings, according to the Wall Street Journal.


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