Sec. of Transportation Elaine Chao Has Yet to Divest Shares, as She Had Promised to do

Secretary of Transportation Elaine Chao has not divested her stocks in a construction company, as she had promised to do. Chao has not sold her stocks and dissolved her ties with Vulcan Materials, she is still reported to have about $400,000 of stock in the company. She has been estimated to have made about $40,000 since making a promise to divest. It is unknown whether the ethics agreement that she signed implies that she must 'disentangle' herself from the asphalt company, in order to avoid any conflict of interest. It is well noted that Sec. Chao is married to Senate Majority Leader Mitch McConnell (R-KY).