Duffy sold stock in 34 different companies, several of which were part of an ethics agreement he’d made to sell stocks where he might have a conflict of interest, according to disclosure records he filed with the U.S. Office of Government Ethics. Other companies he sold stock in include some that are projected to take hits as a result of Trump’s tariffs, such as Shopify and John Deere, which is expected to have a whopping $500 million in new costs as a result of Trump’s trade policy. A Transportation Department spokesperson told ProPublica that Duffy “had no input on the timing of the sales” and that his transactions were “part of a retirement account and not managed directly by the Secretary.”
Author: Edith Olmsted
Published at: 2025-05-19 21:08:37
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