The following is an excerpt from Rosalind S. Helderman and Drew Harwell | December 2, 2016 | Thewashingtonpost.com |
President-elect Donald Trump has disclosed owning millions of dollars of stock in companies with business pending before the U.S. government and whose value could rise as a result of his policies.
Trump’s stock holdings, which are separate from the more high-profile real estate and branding empire that he has said he will separate from in some fashion, represent another area rife with potential conflicts of interest that Trump has yet to address as he prepares to take office.
Trump’s stock holdings, as of his most recent disclosure in May, included millions of dollars worth of shares in financial institutions such as Goldman Sachs and Wells Fargo, which have seen their stock prices rise with his promises to roll back regulations imposed after the 2008 financial crash. He has held substantial numbers of shares in Apple and a unit of Ford, companies whose executives he has spoken with since the election as part of his efforts to press corporations not to ship jobs overseas.
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