{"id":462856,"date":"2021-04-30T14:43:46","date_gmt":"2021-04-30T18:43:46","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=462856"},"modified":"2021-04-30T15:48:01","modified_gmt":"2021-04-30T19:48:01","slug":"john-kerry-financial-disclosures-show-millions-in-income-from-stocks-including-oil-companies","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/john-kerry-financial-disclosures-show-millions-in-income-from-stocks-including-oil-companies\/","title":{"rendered":"John Kerry Financial Disclosures Show Millions in Income From Stocks, Including Oil Companies"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fjohn-kerry-financial-disclosures-show-millions-in-income-from-stocks-including-oil-companies%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=462856&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p><a href=\"https:\/\/www.theepochtimes.com\/t-john-kerry\">John Kerry<\/a>, special presidential envoy on climate at the State Department, has disclosed millions of dollars in income from stocks\u2014including of oil companies\u2014that he liquidated after he assumed office in January, according to financial disclosure forms obtained by media outlets.<\/p>\n<p>Under federal ethics laws, most political appointees are required to publicly disclose their current and past financial ties for reasons of transparency and public confidence that their policy decisions are free of conflict of interest.<\/p>\n<p>The State Department <a href=\"https:\/\/www.axios.com\/john-kerry-financial-disclosure-d26d25e7-5201-477c-a166-ff1eb97aa4e4.html\">told Axios<\/a>, which first reported on the disclosures, that the department\u2019s Ethics Office reviewed Kerry\u2019s assets and investments to identify ones with a significant conflict-of-interest risk, and that \u201cSpecial Presidential Envoy Kerry agreed to divest the assets identified by the Ethics Office and has done so.\u201d<\/p>\n<p>Kerry also signed a pledge\u00a0stating he would not take part in decisions involving his former clients and employers, Axios reported.<\/p>\n<p>According to Kerry\u2019s filings, a periodic transaction report (<a href=\"https:\/\/assets.documentcloud.org\/documents\/20694599\/kerry-stock-sales.pdf\">pdf<\/a>) and a public financial disclosure report (<a href=\"https:\/\/assets.documentcloud.org\/documents\/20694598\/john-kerry-financial-disclosure.pdf\">pdf<\/a>),\u00a0his total investments were valued between $4.2 million and $15 million. Kerry divested\u00a0from the stocks in March, about a month and a half after taking over the position of special climate envoy, the forms show.<\/p>\n<figure id=\"attachment_3676677\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-462859\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/04\/fb_image-4248.jpeg\" alt=\"\" width=\"300\" height=\"180\"  style=\"display:none\"><figcaption class=\"wp-caption-text\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-3676677 size-large\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/02\/john-kerry-1200x800-1.jpg\" alt=\"john kerry\" width=\"640\" height=\"427\" \/><\/noscript><\/figcaption>\u00a0<\/p>\n<p>Special Presidential Envoy for Climate John Kerry speaks during a press briefing at the White House in Washington on Jan. 27, 2021. (Drew Angerer\/Getty Images)<\/figure>\n<p>His investments included a number of\u00a0oil companies, including Duke Energy, Cimarex, Dominion Energy, and Exelon Corporation.<\/p>\n<p>During the same time that Kerry held investments in oil companies, he served as advisory board chairman for Climate Finance Partners, whose mission is to create \u201cfinance solutions that address climate change,\u201d and collected\u00a0$125,000 in consulting fees from The Rise Fund, which invests in companies in the renewable energy sector, among others.<\/p>\n<p>Kerry also received millions of dollars in salary, consulting fees, and honoraria, including a $5 million salary from Bank of America, and a $112,500 honorarium from MedStar Washington.<\/p>\n<p>The Revolving Door Project, which scrutinizes executive branch appointees to ensure they don\u2019t exploit their positions to boost their own interests at the expense of the public good, co-published a letter (<a href=\"https:\/\/documentcloud.adobe.com\/link\/review?uri=urn%3Aaaid%3Ascds%3AUS%3A11f5c9b5-58b4-4c2c-a710-b75520ff719c#pageNum=1\">pdf<\/a>) to President Joe Biden, calling on his administration to strengthen financial disclosure requirements.<\/p>\n<p>The letter called for\u00a0\u201cnot just providing the bare minimum on public financial disclosures, but fully detailing private sector work,\u201d with the organization calling for detailed descriptions of consulting work performed for corporate clients or foreign governments, including the policy areas they advised on and the recommendations they made.<\/p>\n<p>The Epoch Times reached out to the State Department, Kerry\u2019s current employer, with a request for information for this article, but did not receive a response by press time.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>John Kerry, special presidential envoy on climate at the State Department, has disclosed millions of dollars in income from stocks\u2014including of oil companies\u2014that he liquidated after he assumed office in &#8230;<\/p>\n","protected":false},"author":1,"featured_media":2277097,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/04\/fb_image-4248.jpeg","fifu_image_alt":"John Kerry Financial Disclosures Show Millions in Income From Stocks, Including Oil Companies","footnotes":""},"categories":[],"tags":[],"class_list":["post-462856","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/04\/fb_image-4248.jpeg","fifu_image_alt":"John Kerry Financial Disclosures Show Millions in Income From Stocks, Including Oil Companies","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/462856","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=462856"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/462856\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2277097"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=462856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=462856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=462856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}