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.
……….
- Discussion
-
Government oversight group urges Department of Transportation to investigate Chao's potential conflicts of interest https://t.co/FZ1dvJrMQC pic.twitter.com/HhUwhZ3Bq5
— The Hill (@thehill) June 17, 2019
You must be logged in to reply to this topic.