The White House disclosed Gary Cohn, former Goldman Sachs president and now head of the White House National Economic Council, had assets worth at least $230 million, but possibly much more. White House Chief of Staff Reince Priebus had assets of between $604,000 and $1.16 million and income of $1.42 million. Wealthy senior White House staff have to enter into ethics agreements where they agree to resign from positions and divest from assets. The White House said the independent Office of Government Ethics, which reviews financial disclosures to help executive branch officials avoid conflicts of interest, has classified about 25 percent of Trump White House staffers as having “extremely complex” reports, meaning the filers are very wealthy. In contrast, only a sliver of the staffers in former Democrat President Barack Obama’s White House fell into the “extremely complex” category, according to pie charts released by the White House.

Source: Huffington Post April 01, 2017 02:08 UTC