US Treasury's Bessent not in compliance with ethics agreement, the Office of Government Ethics reported has said
Treasury Secretary Scott Bessent has divested 96% of his assets but faces challenges selling $25 million in illiquid North Dakota farmland by the December 15 deadline, ethics officials said.
- The U.S. Office of Government Ethics reported that Treasury Secretary Scott Bessent has not fully complied with his ethics agreement, potentially leading to conflicts of interest.
- A letter sent to Senator Mike Crapo highlighted Bessent's failure to meet the required divestment deadline of April 28.
- Bessent claimed he has divested 96% of his required assets, with farmland remaining that generates significant rental income.
- Complaints were filed regarding Bessent's adherence to ethics laws by the Campaign Legal Center and Democracy Defenders Fund, suggesting he violated conflict-of-interest regulations.
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US Treasury's Bessent Not in Compliance With Ethics Agreement
·New York, United States
Read Full ArticleTreasury Secretary Bessent misses deadline to sell assets | Honolulu Star-Advertiser
WASHINGTON >> The U.S. government’s ethics watchdog agency said this week that Treasury Secretary Scott Bessent has failed to fully comply with an agreement that required him to divest his financial assets, posing potential conflicts of interest as he leads the Trump administration’s economic policy agenda.
·Honolulu, United States
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Total News Sources16
Leaning Left5Leaning Right1Center8Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
L 36%
C 57%
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