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Documents reveal just how much wealth is inside White House

Financial disclosure reports offer unique insight
Posted at 5:26 PM, Apr 19, 2017
and last updated 2017-04-19 17:26:41-04

When the President of China visited Maralago two weeks ago, that day the Chinese government gave daughter Ivanka Trump's clothing company preliminary trademark approval to sell her products to a country of more than 1.3 billion people.

As that deal raises fresh questions about conflicts of interest inside the White House, OpenSecrets.org has organized a document dump of recent financial disclosure reports of President Trump and his cabinet, detailing how much money they've made and where that money is now.

President Trump's report includes hundreds of millions of dollars in financial holdings all over the world, which the president has handed over to his sons.

Secretary of State Rex Tillerson's reported assets include financial stakes in companies that directly involve China, South Korea, and Russia.

But the most far reaching potential conflict of interest may be that of  Secretary of Commerce Wilbur Ross.

It's his job to shape trade policy and negotiations with U.S. Exports, but the center for public integrity reports that Ross is keeping his stake in a company called Diamond S Shipping...one of the world's largest operators of  tanker vessels that deliver products all over the globe including China, Russia, and in 2014 unloaded in Iran.

Some other interesting disclosures:

  • Sean Spicer has four home mortgages and a few rental properties.
  • Vice President Pence has seven student loans for his three kids.
  • Steve Bannnon once held a financial stake in a Tallahassee political website