Commerce Secretary Owns Stake in WeChat Parent Company as White House Reviews Trump’s Ban

Commerce Secretary Owns Stake in WeChat Parent Company as White House Reviews Trump’s Ban
Rhode Island Gov. Gina Raimondo delivers remarks after U.S. President-elect Joe Biden announced her as his Commerce secretary nominee at The Queen theater in Wilmington, Del., on Jan. 8, 2021. Chip Somodevilla/Getty Images
The Daily Caller News Foundation
Updated:

Secretary of Commerce Gina Raimondo and her husband own a financial stake in WeChat parent company Tencent Holdings, even as the Commerce Department reviews a ban of the Chinese tech giant.