Wilbur Ross never sold stakes in companies co-owned by China, report says

Commerce Secretary Wilbur Ross failed to keep his promise to divest from his company holdings upon entering government, a Forbes investigation has found. Ross reportedly kept his stakes in companies co-owned by the Chinese government, a firm linked to Vladimir Putin’s inner circle, and a Cyprus bank caught up in the Robert Mueller investigation. Forbes reports that Ross’s family continued to have an interest in these holdings while he dealt with China and Russia in his official role, even while knowing that his family’s fortunes were linked to the countries.