Joe Biden Cabinet Member Faces Questions Over Stock Holdings, Years After Violating The STOCK Act
Portfolio Pulse from Chris Katje
Energy Secretary Jennifer Granholm faces criticism and a potential investigation over not disclosing holdings of publicly traded companies, including Ford Motor Co (NYSE:F). Republicans are calling for an investigation into her family's stock holdings, which could put pressure on the Biden administration's push for electric vehicles.
June 16, 2023 | 4:43 pm
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Energy Secretary Jennifer Granholm's undisclosed stock holdings in Ford Motor Co (NYSE:F) may put pressure on the Biden administration's push for electric vehicles, potentially impacting Ford's stock price.
The potential investigation into Granholm's undisclosed stock holdings, including Ford, could put pressure on the Biden administration's push for electric vehicles. This may lead to increased scrutiny on the administration's partnerships and initiatives with companies like Ford, potentially negatively impacting Ford's stock price in the short term.
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