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Commerce Secretary Ross admits lapses in asset reporting after warning

8 monthes ago   |   By Reuters

U.S. Commerce Secretary Wilbur Ross on Thursday admitted ethical lapses in reporting on his financial assets and said he would sell all of his remaining stocks after a federal ethics agency warned of the "potential for a serious criminal violation."
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Commerce secretary divests from all stocks after criticism from ethics watchdog

8 monthes ago   |   By Politico

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...
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Commerce secretary tells ethics office he will sell equities

8 monthes ago   |   By Miami Herald

Commerce Secretary Wilbur Ross says he will sell all his equity holdings after a government ethics office noted inaccuracies and omissions in his financial disclosure reports. Ross says in a...
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Commerce Secretary Ross admits ethical lapses in asset reporting

8 monthes ago   |   By Reuters

U.S. Commerce Secretary Wilbur Ross on Thursday admitted ethical lapses in reporting on his financial assets and said he would sell all of his remaining stocks after receiving a critical letter from the federal ethics agency.
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Commerce Secretary Wilbur Ross says he'll sell off all his stock after a slew of ethics questions

Commerce Secretary Wilbur Ross says he'll sell off all his stock after a slew of ethics questions

8 monthes ago   |   By Business Insider

WASHINGTON - 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 contacted him about the firm's links to Russia.
(Reporting by Eric...
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U.S. Commerce Secretary Ross says he will sell all his equities

8 monthes ago   |   By Reuters

U.S. Commerce Secretary Wilbur Ross said he would sell all of his remaining equity holdings and buy U.S. Treasuries after receiving a letter on Thursday from the federal ethics agency criticizing his asset reporting.
Read more ...

 


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