JOURNAL ARTICLE
Exclusive: Kelly Loeffler, a Trump Cabinet appointee who regularly appears on Newsmax, has quiet financial ties to its parent company.
Published In: Fortune.com, 2025. P. N.PAG 1 of 3
Database: Business Source Ultimate 2 of 3
Authored By: Levinthal, Dave 3 of 3
Abstract
The article focuses on potential conflicts of interest involving former U.S. Senator Kelly Loeffler, who became the Small Business Administration administrator under President Donald Trump, and other Trump appointees. Loeffler has significant financial ties to Newsmax, owning over 136,000 shares in its parent company, which she did not disclose during her appearances on the network. The article also discusses similar financial conflicts faced by other Trump officials, including Defense Secretary Pete Hegseth and his wife, who held investments in defense contractors, raising ethical concerns about their public service roles. The piece highlights the broader implications of financial interests on government ethics and public trust. [Extracted from the article]
Additional Information
- Source:Fortune.com. 2025/06, pN.PAG
- Document Type:Article
- Subject Area:Business and Management
- Publication Date:2025
- Accession Number:185909288
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