Trump labor nominee Puzder owes millions to bank seeking waiver from his department

Update 2/12, 1:30 pm ET:  After this story was published, Andrew Puzder spokesman George Thompson got back in touch with IBT to assert that, after the sale of his house, the Labor Secretary nominee currently has “a little more than $900,000” in debt to UBS, despite the financial disclosure forms that Puzder recently filed. The story has been updated to reflect the later assertion.

Original story: President Donald Trump’s nominee to head the U.S. Department of Labor personally owed millions of dollars to a convicted bank that is relying on the same department to waive sanctions for its crimes, according to federal records. The ties between Trump’s embattled appointee Andrew Puzder and the multinational bank UBS were listed in federal documents reviewed by International Business Times — but they were not explicitly acknowledged in Puzder’s ethics agreement with federal regulators.

Read on.

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One response to “Trump labor nominee Puzder owes millions to bank seeking waiver from his department

  1. Pingback: Trump labor nominee Puzder owes millions to bank seeking waiver from his department - Securitization & Mortgage Audit

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