Kamala Harris keeps assets in tax-advantaged trust, appearing to violate own ethics pledge
Fox News
Vice President Kamala Harris keeps assets in a tax-advantaged family trust, a move that appears to violate an ethics pledge she and President Biden made on the campaign trail.
The trust is inconsistent with Biden and Harris' campaign plan to crack down on such vehicles once in office. Biden and Harris pledged to work with Congress to "eliminate the trust loophole in existing financial disclosure law," and Biden said he would "require that any member of his Administration who is a beneficiary of a discretionary trust disclose all of its holdings." It is unclear why Harris does not have to adhere to the pledge and report the assets held in the trust. The vice president's office did not respond to a request for comment.More Related News