Latest news with #conflictsofinterest
Yahoo
26-06-2025
- Business
- Yahoo
Trump Advisor Stephen Miller Reportedly Holds Stake Worth Millions In ICE Contractor Palantir: 'He Could Easily...Have A Direct And Predictable Impact'
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The White House's deputy chief of staff, Stephen Miller, known for shaping the Trump administration's stringent immigration policies, reportedly owns a significant amount of stock in ICE contractor Palantir Technologies Inc. (NASDAQ:PLTR). What Happened: Miller's financial disclosures reportedly indicate that he holds up to $250,000 worth of shares in Palantir, a company that plays a crucial role in the operations of U.S. immigration officials. The investment is held in a brokerage account belonging to one of Miller's children, raising concerns about potential conflicts of interest. The financial filings were obtained by the watchdog group Project on Government Oversight, which revealed the revisions as recent as June 4. Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Since the Obama era, Palantir's technology has enabled ICE to consolidate data sources to more effectively identify immigrants for arrest and deportation, with ICE calling its services "Mission Critical." The investigation also found 11 other officials with Palantir stock holdings, though none as substantial as Miller's, the report said. Don Fox, a former acting head and former general counsel of the Office of Government Ethics, told the watchdog, "He could easily become involved in policy matters that have a direct and predictable impact on Palantir.' Meanwhile, Homeland Security spokesperson Tricia McLaughlin dismissed the report as "very silly,' reported The Independent, while the White House said Miller has assured ethics officials he will continue to recuse himself from any matters that could affect his stock holdings. The White House did not immediately respond to Benzinga's request for comment. Why It Matters: In April, Palantir secured nearly a $30 million contract with the U.S. Immigration and Customs Enforcement (ICE) to enhance its immigration enforcement tools, focusing on tracking visa overstays and self-deportations through a system called ImmigrationOS. This deal was an expansion of an existing agreement. Palantir has also been under scrutiny for its role in the Trump administration's immigration policies. In June, the company rejected allegations of mass surveillance and compared the criticism to collaboration with Nazi Germany and South Africa's apartheid regime. The company has been vocal about its commitment to transparency and ethical data use. Palantir has had a very successful run on Wall Street this year. On a year-to-date basis, the stock surged 90.49%, while over the past year, it gained 483.18%, as per Benzinga Pro. Read Next: Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. Back a bold new approach to cancer treatment with high-growth potential. If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Image via Shutterstock This article Trump Advisor Stephen Miller Reportedly Holds Stake Worth Millions In ICE Contractor Palantir: 'He Could A Direct And Predictable Impact' originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNN
10-06-2025
- Health
- CNN
CDC vaccine adviser says panel's credibility ‘just disappeared overnight'
US Health and Human Services Secretary Robert F. Kennedy Jr. dismissed an expert panel of vaccine advisers, accusing them of being 'plagued with conflicts of interest.' CNN's Kate Bolduan speaks to one of those dismissed members about those claims and the effect this decision may have.
Washington Post
10-06-2025
- Health
- Washington Post
RFK Jr.'s purge is about reducing access to vaccines
Robert F. Kennedy Jr. claims that his decision on Monday to purge a key vaccine advisory committee at the Centers for Disease Control and Prevention is about rooting out conflicts of interest and restoring 'confidence' in vaccines. His words suggest it is really about advancing his anti-vaccine agenda. 'We are retiring the 17 current members of the committee, some of whom were last-minute appointees of the Biden administration,' the Health and Human Services secretary wrote in a Wall Street Journal op-ed. 'Without removing the current members, the current Trump administration would not have been able to appoint a majority of new members until 2028.'
Bloomberg
20-05-2025
- Business
- Bloomberg
Trump's Potential Crypto Conflicts May Dictate Industry's Future
Emily Nicolle takes a look at the mounting tension surrounding Donald Trump's crypto projects in Washington. President Donald Trump's deepening ties to the crypto industry are just one thread in a web of potential conflicts of interest he's faced since re-entering the White House last November. But as the president's first year in office heads toward the halfway point, the picture is likely to grow more complicated.
Wall Street Journal
18-05-2025
- Business
- Wall Street Journal
Private-Credit Ratings Under Scrutiny: Conflicting Interests Fuel Investor Concerns
Ratings that grade private-credit products and are used by investors to categorize debt issued by lending firms are increasingly being called into question by industry decision makers. Credit firms that bundle packages of loans to back securities like collateralized loan obligations, or CLOs, are often able to choose the ratings provider for such issues. Critics say this can lead to conflicts of interest, as the issuer pays fees to the ratings provider while the resulting grades can significantly affect the marketability of the rated securities.
