Betsy DeVos & Family See Profits Soar After Trump Tax Reform Bill Deregulation Efforts

  • by:
  • Source: CNBC
  • 04/09/2021
Business leaders and their companies have profited royally off of President Donald Trump’s pro-business policies.  Secretary of Education Betsy DeVos and her family are among the groups who have seen an income boon of millions through their own investments since Trump’s tax reform plan was signed, according to her latest annual financial disclosure report.

In 2018, DeVos’ total income had a valuation of at least $33 million through assets listed on her most recent public filing.  The valuation of those assets was between about $200 million and $600 million.

Even though it appears neither she, nor her family, have made recent investments that conflict with her position as chief of the Department of Education, ethics attorneys argue that the complexity of her finances makes it nearly impossible for government watchdogs to track who may be trying to have an influence over her.
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