Commerce Secretary Wilbur Ross says he’ll sell off all his stock after a slew of ethics questions
|07/13/2018||Posted by BusinessMediaguide.Com under General World News||
US Commerce Secretary Wilbur Ross said he would sell all of his remaining equity holdings and buy US Treasuries after receiving a letter on Thursday from the federal ethics agency criticizing his asset reporting.
“To maintain the public trust, I have directed that all of my equity holdings be sold and the proceeds placed in US Treasury securities,” Ross said in a statement.
Ross’s holdings were under scrutiny when in June, he was reported to have shorted a shipping firm’s stock days after The New York Times emailed him some questions about his investments and the firm’s links to read more >>>