abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb
Article

27 Jan 2017

Author:
CBS News

Opponents warn Trump's stock in company building Dakota Access pipeline will affect his decisions

See all tags

“Donald Trump's stock in Dakota Access oil pipeline raises concerns”, 25 November 2016

…Donald Trump holds stock in the company building the disputed Dakota Access oil pipeline, and…opponents warn that Trump’s investments could affect any decision he makes on the…project…Trump also owns between $100,000 and $250,000 in Phillips 66, which has a one-quarter share of Dakota Access. While Trump’s stake in the pipeline company is modest compared with his other assets, ethics experts say it’s among dozens of potential conflicts that could be resolved by placing his investments in a blind trust, a step Trump has resisted…The project has been held up while the Army Corps of Engineers consults with the Standing Rock Sioux, who believe the project could harm the tribe’s drinking water and…cultural sites…Concern about Trump’s possible conflicts comes as protests over the pipeline have intensified in recent weeks…The Army Corps of Engineers granted Warren’s company the permits needed for the crossing in July, but…decided in September that further analysis was warranted…

Timeline