Chinese Gas Deal: Ethics Issues For Wilbur Ross
SUZY KHIMM
WASHINGTON — On Sunday .. the public learned that Commerce Secretary Wilbur Ross never fully divested himself of ownership in a big global shipping company — one with ties to Russia’s rulers — when he joined President Donald Trump’s Cabinet.
... Ross' potential conflicts of interest go even further. The .. company's own documents suggest that Ross' company may benefit from an important initiative that he has led as commerce secretary: securing a trade agreement with China to increase U.S. exports of liquefied natural gas (LNG).
The shipping company in which Ross still has a 31 percent stake, Navigator Holdings, exports a different energy product, liquefied petroleum gas (LPG). But Navigator’s own statements, filed with the Securities and Exchange Commission, say that when there’s a global expansion in LNG production facilities, that benefits the trade in LPG. That in turn could help Navigator’s bottom line, and thus Ross himself ...
https://www.nbcnews.com/politics/white-house/trump-s-chinese-gas-deal-raises-ethics-issues-wilbur-ross-n818861
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