Trump’s stock holdings, as of his most recent disclosure in May, included millions of dollars worth of shares in financial institutions such as Goldman Sachs and Wells Fargo, which have seen their stock prices rise with his promises to roll back regulations imposed after the 2008 financial crash. He has held substantial numbers of shares in Apple and a unit of Ford, companies whose executives he has spoken with since the election as part of his efforts to press corporations not to ship jobs overseas.
Trump’s portfolio also has been dotted with millions of dollars worth of shares in oil and other energy companies that could stand to gain if he follows through on promises to loosen environmental regulations and pursue more drilling — including Halliburton, ExxonMobil, Occidental Petroleum and Phillips 66.
“In truth, what we’re looking at is a president-elect who has a personal financial stake in every major climate battle that is going on. That is indeed a troubling conflict of interest,” said Carroll Muffett, president of the Center for International Environmental Law, which has clashed with Exxon.
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