Betsy DeVos and family see profits soar after Trump tax reform bill and deregulation efforts
Secretary of Education Betsy DeVos and her family have seen their investments skyrocket since President Donald Trump started enacting business policies that have helped corporate leaders.
Betsy DeVos, U.S. secretary of education, left, stands with her husband Dick DeVos Jr. before being sworn-in by U.S. Vice President Mike Pence, not pictured, inside the Vice President's Ceremonial Office in Washington, D.C., U.S., on Tuesday, Feb. 7, 2017.Business leaders and their companies have profited royally off of President Donald Trump's pro-business policies.
Even though it appears neither she, nor her family, have made any recent investments that conflict with her position as chief of the Department of Education, ethics attorneys argue that the complexity of her finances leads to government watchdogs being unable to track who from their business interests may be trying to have an influence over her.
The RDV Corp., a DeVos family run investment firm chaired by her husband Dick DeVos brought in more than $6 million in 2018 through distributive shares. A year earlier, at the time of Trump trying to and eventually passing the Republican tax reform plan,Their financing of Grakon Parent Inc.
Ethics experts believe that because DeVos' holdings are all private investments, including a variety of limited liability companies, government watchdogs are unable to track who may be trying to have influence over her and the department she runs. During the 2016 presidential election, Dick DeVos' father, Richard DeVos, spent $250,000 on Right to Rise, a super PAC supporting former Florida Gov. Jeb Bush. His son wrote numerous checks backing the Senate Leadership Fund, a super PAC dedicated to helping Republicans capture Senate seats, and the Republican National Committee.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Family of Baby Cut From Mother's Womb Billed $300,000 -- in Alleged Killer's NameThe hospital bills identified the deceased child as 'Figueroa, Boy,' as the alleged killer Clarissa Figueroa had pretended to give birth to the child and cared for him in the hospital.
Leer más »
Hospital Bills $300K to Family of Woman Whose Baby Was Cut Out Of HerThe family of a pregnant teen whose baby was cut out of her by a woman and her daughter is now being charged thousands of dollars by the hospital that cared for the baby
Leer más »
GOP vote on Trump’s comments was an effort to absolve him, and themselves, on racismAnalysis: Analysts across the political spectrum typically cite raw fear as why GOP leaders don’t challenge Trump over behavior that outrages most Americans.
Leer más »
The Devo De-Evolution Of Golfer Chi Chi RodriguezYou might remember Devo for their 1980 hit 'Whip It' … and for wearing flower-pot-looking hats and yellow hazmat suits on stage. Reporter Sean Cole tells the story of an equally colorful golfer who ended up being a kind of mascot for the band.
Leer más »
Tensions soar after Iran seizes tanker: Live updatesHere's what we know now about a British-flagged oil tanker remains in Iranian custody after being seized by the Islamic Republic's navy in the Strait of Hormuz on Friday:
Leer más »