HomeBusinessBiden senior advisor Anita Dunn has to divest investment portfolio to avoid...

Biden senior advisor Anita Dunn has to divest investment portfolio to avoid conflict

White House senior advisor Anita Dunn is being forced to divest an investment portfolio worth an estimated $16.8 million to $48.2 million that ethics attorneys say poses significant conflicts of interest in her new role.

The political and communications strategist will also have to recuse herself from myriad domestic and international issues that affect her former clients.

Dunn’s newly released financial disclosures, which are 93 pages long, show extensive stock, options, bond and private equity holdings — a fortune she and her husband, veteran attorney Bob Bauer, have amassed over the years. Bauer is a high-powered lawyer who served in the White House under the Obama administration; Dunn is a founding member of the consulting firm SKDK where she was paid $738,715 over the last roughly 2½ years, according to the White House. The disclosure form also provides insight into her…

Read more at www.cnbc.com

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