The copy of the report that CREW obtained has not been certified by the Department of Education or the Office of Government Ethics, and the report may yet be revised. Regardless, this version gives a peek behind the curtain at the finances of the richest member of Trump’s cabinet. DeVos reported earning between $100,001 and $1,000,000 in interest from a loan given to Neurocore, a significant increase over the $5,001 – $15,000 she reported in 2018. Want to bookmark your favourite articles and stories to read or reference later? The existing Open Comments threads will continue to exist for those who do not subscribe to Independent Premium. Regardless, this version gives a peek behind the curtain at the finances of the. "Not to mention the fact we have a bunch of very rich people making decisions that affect everybody else.". DeVos also doesn't have to report specific amounts for certain assets held by her husband, Republican former gubernatorial candidate Dick DeVos, heir to the Amway fortune.
He previously worked as the executive director of the executive director of the Office of Anti Terrorism in the Customs and Border Protection agency, United States Customs and Border Protection. In a press release issued on Wednesday, the fund's president and CEO â Harry L. Williams â thanked DeVos for "her trust, belief in and support for TMCF, the mission and our 47 member-schools. But DeVos has since drawn praise from leaders, in part for her work on a capital financing program that's helped their financially struggling schools. According to Elizabeth Hill, a spokesperson for the department, the … “But it does raise extra concerns about potential conflicts of interest because more assets give more opportunity for people to benefit themselves," Libowitz said.
Attorney General William Barr replaced Jeff Sessions as the nation's top cop in early 2019 and has refused to commit to recusing himself from the Russia probe despite an unsolicited memo he sent to the Justice Department decrying the investigation. For a year now, Education Secretary Betsy DeVos has been trying to give away her $199,700 salary.
It's the latest example of her warming relationship with HBCUs, which got off to a rocky start when she issued a statement in 2017 calling the schools — founded during an era of racial segregation — "real pioneers when it comes to school choice.” Later that year, she was booed by hundreds of graduating seniors at a historically black university in Florida as she delivered the school's commencement address.
DeVos donates her salary to historically black colleges, 6 other groups, Trump threatens Senate GOP — now and in the future, POLITICO’s final Election Forecast: Biden in command, Senate up for grabs, ‘If Pennsylvania goes, so will go the country’, Federal court hears last-minute Republican bid to toss ballots in Texas, The 8 states where the White House will be won: POLITICO’s preelection guide. The loans may have been a sign that Amway was struggling financially. Secretary of the Interior David Bernhardt took office in January 2019 after the resignation of Ryan Zinke after previously serving as Zinke's deputy. Lextm3 does not appear to have any contracts with the U.S. Department of Education. Bustle has reached out to the Thurgood Marshall College Fund for comment. DeVos reported several loans to Amway’s holding company, Alticor Global Holdings, Inc., totaling as much as $80 million or more made in various family trusts on her financial disclosure covering 2018. She divested from certain education-related entities at the start of her tenure to guard against conflicts of interest, but the former businesswoman and school-choice activist has continued to profit from other investments, including the controversial "brain-training" company Neurocore. DeVos reported several loans to Amway’s holding company, Alticor Global Holdings, Inc., totaling as much as $80 million or more made in various family trusts on her financial disclosure covering 2018. A few months later, DeVos was again criticized when she chose to deliver her first commencement address as education secretary at an HBCU in Florida, Bethune-Cookman University. Ken Shipp / United States Department of Energy. Due to the sheer scale of this comment community, we are not able to give each post the same level of attention, but we have preserved this area in the interests of open debate. "So now other people don’t want to sell assets. Education Secretary Betsy DeVos has also held her post throughout the presidency, despite major backlash to her apparent undermining of the nationwide public school system and advocacy for charter programmes. One of the original members of Trump's cabinet, DeVos last year suggested she might not stay on if Trump wins a second term.
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