Then he slipped out of public life and into a business he set up in the Cayman Islands while reportedly still commerce secretary.
Donald Trump’s commerce secretary, Wilbur Ross, earned at least $53 million from private companies while he was collecting a taxpayer salary and supposed to be looking out for the public instead of his own profits.
Ross reported making somewhere between $53 million and $127 million during his four years as head of the Commerce Department. The federal government only requires officials to report broad ranges of outside income.
It’s possible that Ross earned “significantly more” since he was not required to specify certain income totals over $1 million, noted watchdog Citizens for Responsibility and Ethics in Washington, which reported Ross’ financial disclosure filings earlier this week. Continue reading.