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Trump Sold Stock and Bond Holdings in June, Spokesman Says

by Wayne Lee

   A transition team spokesman for Donald Trump said Tuesday the
   president-elect sold all of his stock holdings in June, a move that
   could ease conflict-of-interest concerns.

   During a morning telephone conference call with reporters, spokesman
   Jason Miller was asked about Trump's holdings of Boeing shares after
   the president-elect criticized the aerospace company for what he said
   were rising costs to build a new version of Air Force One, the aircraft
   that future American presidents will fly on.

   "The president-elect sold all of his stock back in June," Miller said.
   Miller subsequently clarified that the billionaire real estate mogul
   sold all of his stock holdings, and not just those of the aircraft
   manufacturer.

   Documents filed in May to the U.S. Office of Government Ethics showed
   Trump held positions in about 150 stock and bond investments. Shares of
   Boeing were among his investments, as were a number of large banks and
   oil companies. The filing showed his stock and bond investments were
   worth some $40 million.

   Trump was invested in other companies with business pending before the
   U.S. government, meaning the companies are in the position to have
   their value increase in reaction to Trump's decisions as
   commander-in-chief.