- July 10, 2021
- Posted by: Stratford Team
- Category: Business
Former investment banker Carol Roth discusses the state of retail on ‘Fox Business Tonight’
Daniel Koh, the Department of Labor’s chief of staff, divested his holdings in Amazon on Friday after his personal financial disclosures revealed he owned a significant stake in the e-commerce giant, according to multiple reports.
The financial disclosures, obtained by the Revolving Door Project, showed that Koh owned Amazon shares worth between $100,000 and $250,000.
A Department of Labor spokesperson said Koh sold the shares after his stake was disclosed, news outlet Motherboard reported.
A department spokesperson told the Huffington Post that Koh made his disclosures as required and as “awaiting the standard guidance from DOL’s ethics lawyers on potential conflicts of interest.”
Ticker Security Last Change Change %AMZN AMAZON.COM, INC. 3,719.34 -12.07 -0.32%
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Koh’s stake represented a potential conflict of…
