By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Latest World News UpdateLatest World News UpdateLatest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Reading: Senator Warren writes to Trump for setting up conflict-of-interest rules for Elon Musk – World News Network
Share
Notification Show More
Font ResizerAa
Latest World News UpdateLatest World News Update
Font ResizerAa
  • Home
    • Home 1
  • Categories
  • Legal Talk
  • Bookmarks
  • More Foxiz
    • Sitemap
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > World > Senator Warren writes to Trump for setting up conflict-of-interest rules for Elon Musk – World News Network
World

Senator Warren writes to Trump for setting up conflict-of-interest rules for Elon Musk – World News Network

worldnewsnetwork
Last updated: December 18, 2024 12:00 am
worldnewsnetwork 12 months ago
Share
SHARE

Washington DC [US], December 18 (ANI): Democratic Party’s senator from Massachusetts, Elizabeth Warren has written to President-elect Donald Trump requesting clear and transparent conflict-of-interest rules to bind billionaire businessman Elon Musk, the Washington Post reported.
The letter becomes significant as Elon Musk has taken a prominent role inside Trump’s orbit.
As per the Washington Post, Senator Warren wrote the letter on Monday. The letter which was sent by email from the Democrat’s Senate office to Trump’s transition team notes that regular members of the Trump Vance 2025 Transition Team operate under an ethics policy that requires them to “avoid both actual and apparent conflicts of interest.” Those rules, which have been published by the General Services Administration, include prohibition from transition team members working “on particular matters involving specific parties that affect” their interests.
Elon Musk, who is worth USD 474 billion according to the Bloomberg Billionaire Index, spent more than USD 250 million to help elect Trump president and has since embraced the label “first buddy” to describe his role, the Washington Post reported.
Musk has time and again advocated for Donald Trump and advised him on government formation and taking a lead role in a new effort to cut federal spending. It is not clear what ethics rules, if any, Musk, has agreed to follow in his role as a Trump adviser.
“Putting Mr. Musk in a position to influence billions of dollars of government contracts and regulatory enforcement without a stringent conflict of interest agreement in place is an invitation for corruption on a scale not seen in our lifetimes,” Warren wrote. “As your Transition Team Ethics Plan makes clear, the role of government is not to line the pockets of the wealthiest Americans; a strong, enforceable ethics plan for the world’s richest man is a necessary first step for delivering on that promise.”, Washington Post reported.
Karoline Leavitt, a spokeswoman for the transition, did not address Musk’s ethics commitments in her response to the letter.
As per the Washington Post, during the presidential campaign, Musk held events for Trump in Pennsylvania, making media appearances and staging a high-profile cash giveaway to encourage voter engagement.
Notably, Trump had promised that if elected, he would accelerate federal plans to land a mission on Mars, a major priority of Musk’s rocket company Space X. Tesla, another company Musk runs, receives federal funding for its electric vehicle charging stations, and several of his companies have significant regulatory issues before the government.
As noted by the Washington Post, Musk’s company has been under the radar for several issues. America’s National Highway Safety Administration is investigating Tesla for several pedestrian accidents. Musk recently posted a response to a “settlement demand” from the Securities and Exchange Commission for potential securities fraud. Other Musk enterprises, including the satellite internet provider Starlink and brain implant company Neuralink have separate contracts and regulatory issues before the federal government.
In the US, federal employees are generally prohibited by law from acting on particular matters that affect their own financial interests. There are also federal conflict-of-interest statutes that apply to members of certain federal advisory committees.
The letter by Senator Warren thus questions President-elect Donald Trump on 14 issues about the rules governing Musk, his associates and others involved in the Department of Government Efficiency project that Trump has asked Musk to lead. The questions concern what ethics rules Musk has agreed to and whether he has agreed to recuse himself from any matters, Washington Post said.
“Moving forward, will he recuse himself from matters affecting Tesla, Space X, X, or any other company he owns or in which he has a substantial investment?” Warren asked in the letter.
She added, “Currently, the American public has no way of knowing whether the advice that he is whispering to you in secret is good for the country — or merely good for his own bottom line”. (ANI)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

PM Modi’s Jordan visit “truly historic” with unprecedented scale, significant bilateral, global impact: Indian Ambassador – World News Network

US: Two dead, eight injured in Brown University shooting; suspect still at large – World News Network

Bangladesh condemns drone attack on UN base in Sudan, killing six Bangladeshi peacekeepers – World News Network

UAE, EU issue joint statement on launch of SPA negotiations – World News Network

UAE relief teams conclude humanitarian mission in Sri Lanka – World News Network

Share This Article
Facebook Twitter Email Print
Previous Article Opposition MPs stage protest in Parliament against Amit Shah’s remarks on Babasaheb Ambedkar – World News Network
Next Article BGT 3rd Test: Weather plays its part in keeping series level between India-Australia at 1-1 – World News Network
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Copyright © 2024 World News Network. All Rights Reserved.
  • Advertise with us
  • Newsletters
  • Deal
Welcome Back!

Sign in to your account

Lost your password?