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House committee launches investigation into Transportation Secretary Chao | TheHill

posted onSeptember 17, 2019
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Article snippet: The House Oversight and Reform Committee on Monday launched an investigation into Transportation Secretary MORE over whether she is using her office to benefit herself and her family.The investigation follows a series of reports alleging that Chao used her role in the Trump administration to boost Foremost Group, a shipping company founded by her father, and initially didn't divest from stock in a major construction company.  “The Committee is examining your misstatements of fact, your actions that may have benefitted the company in which you continued to hold shares, and your compliance with ethics and financial disclosure requirements,” Oversight and Reform Committee Chairman MORE (D-Ill.), chairman of the Oversight and Reform Subcommittee on Economic and Consumer Policy, wrote in a letter to Chao requesting documents. Foremost has received hundreds of millions of dollars in loan commitments from a bank run by the Chinese government. Reports of Chao making joint public appearances and planning to travel to China to meet with government officials with her father since becoming Transportation secretary led lawmakers to investigate whether she has been using her position to further her family's business.A Transportation Department spokesman dismissed the "media attacks" on Chao and said the department would respond to the committee's letter.“The Department has received a letter seeking information on a variety of topics based on publicly available information and ... Link to the full article to read more

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