Aide says Trump sold stocks in June, provides no evidence
WASHINGTON (AP) — President-elect Donald Trump sold all of his stocks in June as he plunged into the costly general election campaign, his transition team abruptly announced Tuesday.
Some details of Trump's finances are unknown given that he never released his tax returns during the presidential campaign, breaking decades of precedent.
Miller, as well as other transition officials and lawyers from the Trump Organization, did not respond to requests from The Associated Press to provide evidence of the transactions.
The disclosure also showed Trump held a small amount of stock in Texas-based Energy Transfer Partners and at least $100,000 in the energy company Phillips 66, both of which are involved in the disputed Dakota Access oil pipeline.
During the first general election debate in September, Trump took a decidedly bleak view of the stock market and the possibility of the Federal Reserve raising short-term interest rates.