Wilbur Ross appears to have broken the law, and has China and Putin-related stocks in a family trust
See Lies, China And Putin: Solving The Mystery Of Wilbur Ross' Missing Fortune in Editorials. The article is in Forbes:
For most of last year, Ross served as secretary of commerce while maintaining stakes in companies co-owned by the Chinese government, a shipping firm tied to Vladimir Putins inner circle, a Cypriot bank reportedly caught up in the Robert Mueller investigation and a huge player in an industry Ross is now investigating. Its hard to imagine a more radioactive portfolio for a cabinet member.
To this day, Ross family apparently continues to have an interest in these toxic holdings. Rather than dump them all, the commerce secretary sold some of his interests to Goldman Sachsand, according to Ross himself, put others in a trust for his family members. He continued to deal with China, Russia and others while evidently knowing that his familys interests were tied to those countries.
In addition, five days before reports surfaced last fall that Ross was connected to cronies of Vladimir Putin through a shipping firm called Navigator Holdings, the secretary of commerce, who likely knew about the reporting, shorted stock in the Kremlin-linked company, positioning himself to make money on the investment when share prices dropped.
Absurdly, maintaining all those conflicts of interest appears to be entirely legala reflection of ethics laws woefully unprepared for governing tycoons like Donald Trump and Wilbur Ross.
Ross appears to have broken one law, however: submitting a sworn statement to federal officials in November saying he divested of everything he had promised he wouldeven though he still held more than $10 million worth of stock in financial firm Invesco, his former employer. He also continued to hold a short position in a bank called Sun Bancorp, a company he had promised to divest. The next month, Ross got rid of interests in both.
https://www.forbes.com/sites/danalexander/2018/06/18/lies-china-and-putin-solving-the-mystery-of-wilbur-ross-missing-fortune-trump-commerce-secretary-cabinet-conflicts-of-interest/amp/?__twitter_impression=true
In a normal administration, this would be the headline of the month, and there'd be calls from Congress for him to resign all over the media. In Trump's swamp, it can go barely noticed as "grifting as usual".