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Transport Secretary Elaine Chao Still Owns Road-Paving Company Stock She Promised To Get Rid Of

Posted on AllSides May 28th, 2019
From The Left

Transport Secretary Elaine Chao could be in for a bumpy ride after The Wall Street Journal reported that she still owns stock in a road-paving company, more than a year after she promised to get rid of it. Chao’s holdings are in Vulcan Materials, which is the largest U.S. supplier of stone, sand, and gravel used in road-paving and building. The stock price has risen nearly 13 percent since April 2018, the month Chao said she would ditch the shares, meaning she’s gained more $40,000 since the promise was made....

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