Senator Mitch McConnell and Secretary of Transportation Elaine Chao at the Kentucky Society of Washington's Bluegrass Ball in Washington, DC. The total of the ranges in McConnell’s disclosure jumped from $3.1 million to $12.7 million in 2007 to $7.3 million to $33.1 million in 2008. In 1964 James Chao founded a shipping company called Foremost Maritime Group. Above, a look at the assets Secretary of Transportation Elaine Chao's mother owned when she died in 2007. As Secretary of Transportation, the U.S. Maritime Administration, which oversees ships that sail under the U.S. flag, falls under Elaine Chao’s purview.

Source: Forbes June 10, 2019 11:37 UTC