DeVos $$ Watch

When high-level officials in the Executive Branch buy, sell, or transfer stock and other securities worth over $10,000, they have to file disclosures with the Office of Government Ethics. I’m keeping my eye out for any disclosures from Trump’s Cabinet, and on this particular page, I’m posting the disclosures for Betsy DeVos, the billionaire Secretary of Education with no experience in the field of education.

To start things off, here is DeVos’s initial financial disclosure and her ethics agreement (amended).

 

April 28, 2017 disclosure: sold up to $52 million in stock, bought up to $6+ million in stock

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April 19, 2017 disclosure: Sold $1.4 million to $5.5 million of stock and bought $1.35 million to $5.75 million of stock

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April 9, 2017 disclosure: Bought $15K to $50K of stock

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March 13, 2017 disclosure: Bought $5.5 million to $26 million of stock and sold $1.25 million to $1.5 million+

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Note: Title 1 of the Ethics in Government Act of 1978, as amended, 5 U.S.C. app. § 105(c), states that: It shall be unlawful for any person to obtain or use a report: (A) for any unlawful purpose; (B) for any commercial purpose, other than by news and communications media for dissemination to the general public; (C) for determining or establishing the credit rating of any individual; or (D) for use, directly or indirectly, in the solicitation of money for any political, charitable, or other purpose. The Attorney General may bring a civil action against any person who obtains or uses a report for any purpose prohibited in paragraph (1) of this subsection. The court in which such action is brought may assess against such person a penalty in any amount not to exceed $11,000. Such remedy shall be in addition to any other remedy available under statutory or common law.