Commerce secretary divests from all stocks after criticism from ethics watchdog
Commerce secretary divests from all stocks after criticism from ethics watchdog
By DOUG PALMER and COLIN WILHELM 07/12/2018 10:04 PM EDT
Billionaire Commerce Secretary Wilbur Ross said Thursday he was selling all his stock holdings after being criticized by the Office of Government Ethics for some of his financial transactions.
"I have made inadvertent errors in completing the divestitures required by my ethics agreement," Ross said in a statement. "To maintain the public trust, I have directed that all of my equity holdings be sold and the proceeds placed in U.S. Treasury securities."
The admission came after Ross received a letter from OGE general counsel and acting Director David Apol that admonished him for failing to divest from some stocks by Jan 15, 2017, as he had indicated and more recently engaging in stock market activity that appeared aimed at belatedly correcting that error.
Apol told Ross his discrepancies “can undermine public trust in both you and the overall ethics program,” and that his positions and short sale could lead to legal jeopardy. The OGE letter contradicts what Ross has said in the past regarding the ethical and legal nature of the trades in question.
https://www.politico.com/story/2018/07/12/wilbur-ross-divests-stocks-ethics-watchdog-717847
Hey Ross your about one year and six months to late and today is Friday the 13th, 2018 .....................
So in my opinion you should be indicted for lying on you F86 form.......................
November 2018 cannot get here fast enough.......................vote
https://www.timeanddate.com/countdown/election?p0=263&iso=20181106T12&msg=2018%20Midterm%20Elections
